SME Instrument Phase 1 vs. Phase 2 (EIC Accelerator) Posted on October 12, 2019March 20, 2020 By Stephan Segler, Ph.D. Since Phase 1 (€50,000) of the EUs start-up grant will be discontinued after September 2019 but Phase 2 (€2,500,000) will remain open, here is an overview of the main differences between the applications. While Phase 1 &2 proposals do follow almost the exact same template, there are important variations to consider: Feasibility vs Implementation: Phase 1 is granted for a feasibility study of the project while Phase 2 is for the implementation of all technical and commercial developments. Grant amount and competitiveness: Due to the higher grant amount, Phase 2 is more difficult to achieve than Phase 1 Funding threshold: The official threshold for funding is 13/15 for Phase 1 and 12/15 for Phase 2 Interview: Phase 2 requires an in-person interview before the grant is approved Proposal length and additional sections: The main document is 10 pages for Phase 1 while Phase 2 is 30 pages. Value for money of subcontracting is rated: The subcontracting in the proposed project must be described and justified according to its best value for money. EIC Accelerator Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator EIC Accelerator grantEIC Accelerator templateGrant AmountInvestorsSME Instrument Phase 1SME Instrument Phase 2
EIC Accelerator The Biggest Mistakes When Applying to the EIC Accelerator (SME Instrument Phase 2) Posted on August 11, 2020February 19, 2023 Every once in a while, a company is reaching out to us with a rejected EIC Accelerator grant (SME Instrument Phase 2) application which they have prepared themselves but were unsuccessful with. Very rarely, such self-prepared applications are professionally written and reach a high score (i.e. above 13 out of… Read More
Horizon 2020 Professional Grant Proposal Writing Posted on October 12, 2017April 12, 2019 Why hire a professional grant proposal writer? The EC has published templates for grant proposals but they are very general and do not guide the applicant to the content that makes a high-quality proposal. We know what evaluators are looking for and what content needs to actually be in the… Read More
EIC Accelerator Developing the Unique Selling Points (USP) for the EIC Accelerator Posted on February 3, 2023April 25, 2023 The EIC Accelerator funding (grant and equity, with blended financing option) by the European Innovation Council (EIC) and European Commission (EC) has a clear focus on high-risk startups with high commercial potential. It is ideal for startups and Small- and Medium-Sized Enterprises (SME) since the funding per project can reach… Read More