What is Phase 1 for and What Comes Next? Posted on August 29, 2017October 13, 2017 By Stephan Segler, Ph.D. 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 project. The EC also offers coaching services such as: Optional Innovation and Business Development Coaching is offered in parallel throughout phases 1 and 2 to help SMEs: enhance the company’s innovation capacity align the project to the identified business development strategy develop the commercial/economic impact and long term sustainability. Coaching is provided by experienced business coaches, selected through the Enterprise Europe Network (EEN). The result of the study will be a feasibility report (an example can be found here). This report will contain: 1. Technical report (1a. Publishable Summary; 1b. Feasibility Study) 2. the answer to a questionnaire on socio-economic implications 3. a financial report including the request for payment of the balance The feasibility study is optional but greatly increases the chances for Phase 2 of the project and is highly recommended. A more detailed description by the European Commission can be found here and here. Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator EIC Accelerator helpIndustries & CompaniesSME Instrument Phase 1SME Instrument Phase 2Timeline
EIC Accelerator EIC Accelerator (SME Instrument Phase 2) – Introduction and Blended Finance Posted on May 22, 2020October 9, 2020 Writing a successful EIC Accelerator (SME Instrument) application is always challenging due to the competitive nature of the grant and the 2 step evaluation process (i.e. written application and in-person interview). Success Rates Typical success rates range between 2% and 5% depending on the individual budget and the number of… Read More
EIC Accelerator Document Formatting Tips for the EIC Accelerator Grant pt.2 (SME Instrument Phase 2) Posted on June 11, 2020October 9, 2020 For part 1 of the EIC Accelerator grant formatting tips, please read this article. Hyper-links, cross-references and bookmarks It is recommended for a professional writer or consultant to use hyperlinks (i.e. for footnotes and for in-text references such as company names), cross-references (i.e. to sections in the same document) and… Read More
Horizon 2020 Can My Company Receive Funding from the EU? Posted on August 29, 2017October 9, 2020 To see if the project is eligible for funding in one of the 13 topics, please read What Types of Industries Receive Funding?. More information and FAQs by the European Commission can be found here. Your company can apply with a project proposal if: It registered in an EU-28 country such… Read More