Winners receive a cash prize that recognises their achievements. It is equity-free, requires no co-financing, and is a prize rather than a grant or investment. The money is paid after the award ceremony, once all requested documents are submitted.
Prize amounts by category (1st / 2nd / 3rd):
- EIC Women Innovators: €100,000 / €70,000 / €50,000
- EIC Rising Innovators (under 35): €50,000 / €30,000 / €20,000
- EIT Women Leadership Award: €50,000 / €30,000 / €20,000
Beyond the money, winners gain European-wide visibility, recognition from the European Commission, and networking opportunities across the EU innovation ecosystem.