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 Explaining the Resubmission Process for the EIC Accelerator (2024 Update) Posted on February 3, 2023February 28, 2024 The EIC Accelerator funding (grant and equity, with blended financing option) by the European Innovation Council (EIC) and European Commission (EC) has undergone significant changes over the past years. While it used to be a simple program for startups and Small- and Medium-Sized Enterprises (SME) to access €2.5 million in… Read More
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 Zombie Innovation: EIC Accelerator Funding for the Living Dead Posted on May 29, 2023May 26, 2023 The EIC Accelerator funding (grant and equity, with blended financing option) by the European Commission (EC) and European Innovation Council (EIC) is designed for startups and Small- and Medium-Sized Enterprises (SME) and provides €2.5 million in grant and €15 million in venture financing per project. This article investigates the importance… Read More