When Is the Grant Paid in Phase 1? Posted on March 19, 2019March 18, 2020 By Stephan Segler, Ph.D. From submission to approval of the project, it can take 4-6 weeks followed by another 4 weeks for the signing of the grant agreement contract and release of the funds. Phase 1 is funded with €50.000 out of which 40% is paid in advance (€20,000) and the rest will be paid as a balance after the duration of the project (3 to 5 months). Horizon 2020 Phase 1 SME Instrument / EIC Accelerator EIC Accelerator grantEIC Accelerator submissionSME Instrument Phase 1Timelinetip#04
EIC Accelerator How Would EIC Accelerator Grant Proposal Evaluations Be Integrated? (Part 2) Posted on April 14, 2025April 2, 2025 The EIC Accelerator funding (grant and equity, with blended financing option) by the European Commission (EC) and European Innovation Council (EIC) awards up to €2.5 million in grant and €10 million in equity financing per project (€12.5 million total) and is designed for startups and Small- and Medium-Sized Enterprises (SME),… Read More
Horizon 2020 Directly Applying for Phase 2 Posted on March 19, 2019March 18, 2020 I am talking to a lot of startups regarding EU funding and I frequently get asked if it is possible to apply to Phase 2 of the SME Instrument directly. The answer is: Yes. Technically you can but in reality, most startups do not have enough data (market, business… Read More
EIC Accelerator The Reliance of EU Startups on Consultancies for the EIC Accelerator (SME Instrument) Posted on February 12, 2021February 4, 2021 The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) is an innovation funding program that provides up to €17.5M to startups and Small- and Medium-Sized Enterprises (SME). It is very attractive for eligible companies since it allows single-applicants to directly apply online and participate in… Read More