When Is the Grant Paid in Phase 1? Posted on March 19, 2019March 18, 2020 By Stephan Segler, Ph.D. From submission to approval of the project, it can take 4-6 weeks followed by another 4 weeks for the signing of the grant agreement contract and release of the funds. Phase 1 is funded with €50.000 out of which 40% is paid in advance (€20,000) and the rest will be paid as a balance after the duration of the project (3 to 5 months). Horizon 2020 Phase 1 SME Instrument / EIC Accelerator EIC Accelerator grantEIC Accelerator submissionSME Instrument Phase 1Timelinetip#04
EIC Accelerator How to Select an EU Grant Financing Program such as the EIC Accelerator (SME Instrument) – Part 3 Posted on December 28, 2020December 20, 2020 This article is a continuation of Part 2 and describes a list of considerations to be made by startups and Small- and Medium-Sized Enterprises (SME) that seek to raise grant financing from the European Union (EU). One of these options is the EIC Accelerator blended financing (formerly SME Instrument Phase… Read More
EIC Accelerator Why It’s Great to be a Female Entrepreneur in the EU (EIC Accelerator) Posted on August 4, 2020October 9, 2020 The Europen Commission has long implemented policies and targets to increase gender equality across all industries and government institutions. While the EIC Accelerator (formerly the SME Instrument Phase 2) has been largely free from any interventions of such policies, there are a variety of factors that have been part of… Read More
EIC Accelerator AI Applications Will Flood The EIC Accelerator Evaluation Process (Part 1) Posted on April 10, 2025April 2, 2025 The EIC Accelerator funding (grant and equity, with a blended financing option) by the European Commission (EC) and European Innovation Council (EIC) awards up to €2.5 million in grants and €10 million in equity financing per project (€12.5 million total) and is designed for startups and Small- and Medium-Sized Enterprises… Read More