The support we received from the European Innovation Council (EIC) Pathfinder has been a game changer for our project, facilitating the development of our breakthrough technology that enables, for the first time ever, the production of large-scale, permanent, 100% clean electricity from osmotic power.

This innovative approach harnesses the natural process of osmosis—a phenomenon where water moves from a region of lower solute concentration to a region of higher concentration through a semi-permeable membrane. Our technology explores this principle to generate renewable energy, transforming how we think about energy sustainability. As global energy demands continue to rise, identifying sustainable, resilient, and environmentally friendly solutions is increasingly paramount.

Thanks to EIC funding, we have been able to invest in advanced research and development efforts. The EIC Pathfinder funding has been instrumental in progressing our work, allowing us to explore the full potential of osmotic power. This initiative not only paves the way for innovations in clean energy but also directly contributes to achieving the European Union’s climate goals, including the ambitious targets set by Horizon Europe.

The EIC Accelerator has paved the way for deeper exploration into commercialization strategies, which we view as essential to scaling our technology. With the backing of the EIC, we have access to a wealth of resources, including coaching services and a network of deep tech funding opportunities specifically designed for startups. These resources have equipped us with the knowledge and expertise necessary to navigate the complexities of bringing a new energy solution to market.

As we move forward, our commitment to further refining our technology and scaling its implementation remains steadfast. Our goal is to integrate this reliable source of clean electricity into the global energy landscape. This effort is not merely a business venture; it represents a crucial step toward mitigating climate change and ensuring a sustainable future for generations to come.

Moreover, our project exemplifies the impact of European innovation funding on the startup ecosystem. The EIC Accelerator funding eligibility criteria have enabled us to apply for non-dilutive funding that enhances our financial stability while avoiding relinquishing equity. This aspect is particularly appealing to us and many other startups exploring the complexities of sustainable technology. Understanding the EIC Accelerator grant versus equity framework has allowed us to strategically plan our growth trajectory.

In addition, the EIC Accelerator’s success rate highlights its effectiveness in supporting innovative projects like ours. However, competition is steep, and potential applicants must carefully consider how to apply for EIC Accelerator funding effectively. We’ve learned that strong proposal writing and thorough understanding of the evaluation criteria are crucial, and we are happy to share our insights and best practices for aspiring applicants.

As we continue to expand our project, we also aim to share our experiences through EIC Accelerator case studies and workshops, providing a roadmap for future innovators. We believe that by collaborating with other startups and sharing best practices, we can drive collective progress in the renewable energy sector.