Algae Accelerator – Open Call 1

Eligibility

The eligibility criteria for the Algae Accelerator – Open Call 1 are:

Eligibility Criteria for Participants

1. Type of Entity: Must be a startup or SME in the algae value chain.
2. Location: Legally established in EU Member States or Horizon Europe-associated countries.
3. Size:
   • Fewer than 250 employees.
   • Annual turnover ≤ €50 million OR annual balance sheet total ≤ €43 million.
4. Financial Stability: Must not be bankrupt, in liquidation, or involved in fraudulent or unethical practices.
5. Proposal Requirements:
   • Only one proposal per applicant or consortium is allowed.
   • Proposals must meet Horizon Europe guidelines, align with program challenges, and have a minimum Technology Readiness Level (TRL) of 4.
6. Language: Applications must be submitted in English.

Eligibility Criteria for Mentors

1. Professional Expertise:
   • Must have significant experience as a business professional, sustainability expert, startup mentor, EU legislation expert, or other relevant fields.
2. Industry Knowledge: Practical expertise in blue biotech or related industries is preferred.
3. Mentorship Capacity: Should be able to provide guidance, share insights, and foster innovation among startups and SMEs.
4. Global Network: Must be interested in connecting with an international network of professionals.
5. Compensation: Eligible to receive €10,000 for their contribution as a mentor.

Elevator Pitch for Business

Benefits

The benefits of the Algae Accelerator – Open Call 1 are:

Application process

Click here to Apply (For Participants ).

Click here to Apply ( For Mentors ).

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