What is the difference between EIC Accelerator grant, equity and blended financing?

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What is the difference between EIC Accelerator grant, equity and blended financing?

Grant financing refers to non-repayable financing by the European Commission (EC) while equity financing by the European Innovation Council (EIC) EIC Fund and the European Investment Bank (EIB) is in exchange for company ownership (i.e. equity). Blended financing is a combination of grant and equity financing. See: A Short but Comprehensive Explanation of the EIC Accelerator