The timeline depends on the number of resubmissions, deadlines per year and quality of the project since rejections are common. A fast EIC Accelerator submission process from Step 1 to the approval in Step 3 can occur in 6 months but can also take multiple years. Timelines are also prolonged depending on the time needed to issue grants and equity financing by the EIC Fund. See: How long does it take to apply for the EIC Accelerator? (Grant proposal timeline)