Directly Applying for Phase 2 Posted on March 19, 2019March 18, 2020 By Stephan Segler, Ph.D. 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 plan, strategy, financial projections, users etc.) for the application. On top of that, the chances to receive Phase 2 funding after a completed Phase 1 are twice as high. My suggestion is always to get Phase 1 first since it is easier to finance and then use the financial support to prepare for Phase 2. Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator InvestorsSME Instrument Phase 1SME Instrument Phase 2tip#08
EIC Accelerator How to Select an EU Grant Financing Program such as the EIC Accelerator (SME Instrument) – Part 1 Posted on December 26, 2020December 20, 2020 The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) program is an interesting opportunity for startups and Small- and Medium-Sized Enterprises (SME) but it might not be suitable for all applicants (read: Introduction). There are a variety of considerations to be made in advance which… Read More
EIC Accelerator Choosing a Good Project for the EIC Accelerator (SME Instrument Phase 2) Posted on May 29, 2020October 9, 2020 While any type of industry or product is eligible for an EIC Accelerator application, the EU specifically seeks out innovative businesses that are providing high-risk and high-reward products or services. The evaluation criteria directly mention new market creation, market disruption as well as the establishment of new value-chains and, while… Read More
EIC Accelerator Document Formatting Tips for the EIC Accelerator Grant pt.3 (SME Instrument Phase 2) Posted on June 12, 2020October 9, 2020 For part 1 & part 2 of the EIC Accelerator grant formatting tips, please read this & this article. Proposal Colour The EIC Accelerator grant (SME Instrument Phase 2) proposal colour should be pleasant, consistent and not distract from the written content. It is recommended to choose one main proposal… Read More