Do You Need Additional Investors? Posted on March 19, 2019March 18, 2020 By Stephan Segler, Ph.D. Phase 1 is funded as a flat fee of €50,000 for the purpose of performing a feasibility study. Phase 2, while being flexible with €500,000 to €5,000,000 in funding, is also paid as 70% of the total projects costs. The reason for the remaining 30% is that the EU wants to fund companies that are able to allocate the remaining investments or already have revenues as opposed to companies that do not have the means to do so. In summary, the remaining 30% would be covered through private investors, product revenues or through private funds. Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator Industries & CompaniesInvestorsSME Instrument Phase 1SME Instrument Phase 2tip#05
EIC Accelerator Steering the EIC Accelerator: Lessons Learned from the Pilot Program Posted on May 2, 2023April 17, 2023 The EIC Accelerator funding (with blended financing option) by the European Innovation Council (EIC) and European Commission (EC) is providing startups and Small- and Medium-Sized Enterprises (SME) with up to €2.5 million in grants and €15 million in equity financing per project (€17.5 million total). The program is often supported… Read More
EIC Accelerator EIC Accelerator: Interview Update and EIC STEP Scale-Up (Recommendation Series) Posted on May 7, 2025May 4, 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
EIC Accelerator Which Companies Should Not Apply to the EIC Accelerator (SME Instrument) – Part 1 Posted on December 17, 2020December 12, 2020 Many startups or Small- and Medium-Sized Enterprises (SME) are interested in applying to the EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) due to its single-beneficiary funding scheme. Before contacting a professional writer or consultant, it is often useful to first investigate which companies are… Read More