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 the EIC Accelerator Funds Technology Readiness Levels (TRL) (SME Instrument) Posted on June 8, 2020October 9, 2020 The Work Programme for the EIC Accelerator (SME Instrument Phase 2) clearly defines the type of innovation that is eligible for the financing and, outside of general considerations, outlines the exact stages a technology has to be in. These stages are classified through Technology Readiness Levels (TRL – see this… Read More
Horizon 2020 My Proposal Has a High Score But Was Rejected, What Now? Posted on August 27, 2017March 20, 2019 The Score All proposals above a threshold of 13 receive the “Seal of Excellence” and are eligible for funding. Unfortunately, the budget of the SME Topics is limited and the higher the number of applicants, the lower the chances to receive funding. Usually, proposals will get funded starting at a score… Read More
EIC Accelerator The Financing Timeline For EIC Accelerator Applicants (SME Instrument Phase 2) Posted on July 31, 2020October 9, 2020 The EIC Accelerator (formerly SME Instrument Phase 2) is a highly competitive grant (as well as equity) financing program by the European Commission (EC) and the European Innovation Council (EIC). Many startups and Small- and Medium-Sized Enterprises (SME), in their journey of seeking financing sources, discover this opportunity since it… Read More