What is the Timeline for the Application?

Posted on 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

Related Posts

EIC Accelerator

An Inside Look into the EIC Accelerator Fund and its Equity Financing (SME Instrument)

Posted on

The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) is a highly competitive program that is slowly evolving into a fully fletched startup financing initiative (read: EIC Accelerator Introduction). Unfortunately, the latest developments regarding its equity financing have led to confusion and criticism as it…

Read More
Segler Consulting