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 Analyzing A Leaked EIC Accelerator Interview List (Success Rates, Industries, Direct Submissions) Posted on May 5, 2023May 3, 2023 The EIC Accelerator financing (formerly SME Instrument Phase 2, grant and equity) by the European Commission (EC) and European Innovation Council (EIC) uses a 3-step evaluation process to select successful startups and Small- and Medium-Sized Enterprises (SME). It awards up to €2.5 million in grant and €15 million in equity… Read More
EIC Accelerator Deviations from the EIC Accelerator Grant Proposal Template (SME Instrument Phase 2) Posted on June 18, 2020October 9, 2020 EIC Accelerator grant (SME Instrument Phase 2) evaluators are instructed to ignore certain content such as text which is placed in the wrong section or any information in Document 2 which has been placed to circumvent the page limit of Document 1. For information on the required documents, view: Writing an… Read More
EIC Accelerator The Two Most Important Features for an SME Instrument Project (EIC Accelerator) Posted on October 12, 2019March 20, 2020 Here is some information on the EUs startup grant to help you find out if you can apply. I am always looking for two major things to quickly assess a companies success chances: Innovation & Traction. (1) Innovation The EU specifically funds high-risk and high-reward projects. This means that the… Read More