EIT Manufacturing Accelerate is a program that helps scale and accelerate the transformation of industrial start-ups into influential players in the European manufacturing ecosystem. The program supports companies with innovative technologies that solve critical problems in the manufacturing sector. Startups are provided with customized internationalization services and financial support to develop their products and bring them to market (up to €500,000).
At the same time, with financing from Switzerland and the US, the EBRD is resuming its recruitment of manufacturing companies from the small and medium business sectors to participate in an initiative that compensates for relocation costs from war-affected territories within Ukraine. The EBRD offers companies with turnover of up to €50M per year €30,000 for the relocation of their production facilities.
In addition, 12 businesses from Ukraine can receive grants for €480,000 for the development of exports and innovations within the EU4Business international cooperation program.