Changes in the EIC Accelerator during 2019 Posted on January 13, 2020October 14, 2020 By Stephan Segler, Ph.D. Since 2019 has come to an end, here is a summary of the main changes that have occurred regarding the EUs startup grant – the EIC Accelerator: 1. Equity Finance: The most significant change was the discontinuation of Phase 1 (€50,000 grant financing) and the introduction of the new blended financing option for Phase 2 (now up to €17,500,000 with grant and equity). 2. Phase 2 Template: The template for the Phase 2 application has been reworked and includes new additions such as detailed financial information, listed KPIs, explicit need for EU support and the addition of specific summaries to the proposal introduction instead of the previously introduced executive summary. 3. Pitch Deck: The pitch deck for the required presentations and interviews will now need to be uploaded with the application and cannot be modified later on. These and other minor changes will need to be considered when submitting (or re-submitting) your next proposal. EIC Accelerator Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator EIC Accelerator equityEIC Accelerator financingEIC Accelerator grantEIC Accelerator templateSME Instrument Phase 1SME Instrument Phase 2tip#18
EIC Accelerator The Financing Timeline For EIC Accelerator Applicants (SME Instrument Phase 2) Posted on July 31, 2020October 9, 2020 The EIC Accelerator (formerly SME Instrument Phase 2) is a highly competitive grant (as well as equity) financing program by the European Commission (EC) and the European Innovation Council (EIC). Many startups and Small- and Medium-Sized Enterprises (SME), in their journey of seeking financing sources, discover this opportunity since it… Read More
EIC Accelerator Visual Representation of an EIC Accelerator Proposal Narrative (SME Instrument Phase 2) – Part 1 Posted on October 24, 2020October 18, 2020 The EIC Accelerator grant and equity financing (formerly SME instrument Phase 2, with blended finance option) provides a springboard for startups and Small- and Medium-Sized Enterprises (SME) who are developing a disruptive innovation and seek additional financial support to complete their R&D from the prototype stage to a complete, commercial… Read More
Horizon 2020 What is Phase 1 for and What Comes Next? Posted on August 29, 2017October 13, 2017 The purpose of Horizon 2020s SME Instrument Schemes Phase 1 is a feasibility study for the project (lasting around 6 months depending on the specific topic) and is financed with a flat rate of €50,000. The feasibility study entails the development of a business plan and assesses the viability of the… Read More