What Does “Prototype Stage” Mean? Posted on March 19, 2019March 18, 2020 By Stephan Segler, Ph.D. If you already have a prototype (an App or a physical product) then it is important to have some quantifiable feedback. For example: (a) You have active users on your platform who have given you feedback regarding the effectiveness of your solution (lowered costs or other benefits – expressed in percentages or absolute values). (b) If you have a physical product then you have proven its functionality and possibly have some commitments from retailers, companies (if B2B) or pre-sales from end-users (if B2C). This shows that your project is functional and that there is a market demand/benefit. Horizon 2020 Phase 1 SME Instrument / EIC Accelerator HardwareIndustries & CompaniesSME Instrument Phase 1Softwaretip#03
EIC Accelerator Should a Company Hire a Professional Consultant or Write an EIC Accelerator Grant Application Internally? (SME Instrument Phase 2) Posted on October 12, 2020February 19, 2023 The EIC Accelerator Grant financing (SME Instrument Phase 2) is an interesting opportunity for both early-stage startups and established Small and Medium-sized Enterprises (SME) that aim to further develop an innovative product. Many prospect applicants ask themselves if they should write an application on their own or if they should… Read More
EIC Accelerator Technology Readiness Levels and the EIC Accelerator (SME Instrument) Posted on June 5, 2020October 9, 2020 Technology Readiness Levels (TRL) are a useful way of classifying the current stage of an innovation or technology. They have originally been developed by the National Aeronautics and Space Administration (NASA) many decades ago but have persisted as a popular tool used by institutions such as the European Commission (EC)… Read More
EIC Accelerator The Reliance of EU Startups on Consultancies for the EIC Accelerator (SME Instrument) Posted on February 12, 2021February 4, 2021 The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) is an innovation funding program that provides up to €17.5M to startups and Small- and Medium-Sized Enterprises (SME). It is very attractive for eligible companies since it allows single-applicants to directly apply online and participate in… Read More