What is the Timeline for the Application? Posted on March 19, 2019March 18, 2020 By Stephan Segler, Ph.D. Since I am frequently asked about the specific timeline and duration for the EU’s SME Instrument funding, here is a brief overview of how long it takes to apply: Phase 1: – There are 4 deadlines per year for which applications can be submitted (usually February, May, September and November) – 1 Month is required to prepare the application so that there is enough time to get all support documents ready – 4 to 8 weeks until the result is out – 6 to 12 weeks until the grant agreement contract is signed (and the first part of the grant is received) Once Phase 1 is funded, it should take 3-5 month to prepare the feasibility study and to get ready for Phase 2. The process for Phase 2 is similar to Phase 1 with 4 deadlines per year and roughly the same waiting periods. Important: If the first application is rejected then the next deadline will be 3 months later which means that each re-submission increases the time needed to receive the grant. Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator EIC Accelerator deadlineEIC Accelerator grantEIC Accelerator submissionInvestorsSME Instrument Phase 1SME Instrument Phase 2Timelinetip#10Writing Tips
EIC Accelerator Assessing an EIC Accelerator Applicant for Innovation, Traction and the Team (SME Instrument) – Part 3 Posted on October 21, 2020October 18, 2020 Part 1 (Innovation) and Part 2 (Traction) of this article can be found under the provided links. 3. Team After a professional grant writer or consultant has successfully assessed the innovativeness and traction of a project, an in-depth look at the team should follow to cover the most important bases… Read More
EIC Accelerator Smack My Pitch Up: Changing The Evaluation Focus Of The EIC Accelerator Posted on May 11, 2023May 11, 2023 The EIC Accelerator funding (grant and equity, with blended financing option) has undergone substantial changes over the past years, especially during the transition from the Horizon 2020 (2014-2020) to the Horizon Europe (2021-2027) framework program. As part of the European Commissions (EC) and European Innovation Councils (EIC) portfolio of funding… Read More
EIC Accelerator What to Expect in an EIC Accelerator Interview (SME Instrument Phase 2) Posted on December 20, 2020December 15, 2020 The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) by the European Innovation Council (EIC) and European Commission (EC) is a great way for non-bankable and disruptive startups to obtain government funding but the 3-stage application process is highly competitive. With the final stage of… Read More