What Types of Companies Have Received Funding? Posted on March 19, 2019March 18, 2020 By Stephan Segler, Ph.D. In 2018, the EC has published an annual report which contained some helpful statistics. It actually answers quite a few questions that I frequently receive from companies, so here are the bullet points: Of all funded companies, 84% (Phase 2) and 95% (Phase 1) applied as single entities Most funded companies require coaching to better understand the market and business strategy While Phase 1 is optional, Phase 2 is twice as likely to receive funding if Phase 1 is completed first Most funded companies have under 3 employees 76% of funded companies have a B2B revenue model Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator Industries & CompaniesInvestorsSME Instrument Phase 1SME Instrument Phase 2Statisticstip#11
EIC Accelerator How to Prepare for an EIC Accelerator Pitch Interview (SME Instrument Phase 2) – Part 2 Posted on December 22, 2020December 15, 2020 This article is a continuation of Part 1 and presents a guide for practising the EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) pitch interview by the European Commission (EC) and European Innovation Council (EIC). Resources regarding the general questioning of the pitch and why… Read More
EIC Accelerator Should a Company Hire a Professional Consultant or Write an EIC Accelerator Grant Application Internally? (SME Instrument Phase 2) Posted on October 12, 2020February 19, 2023 The EIC Accelerator Grant financing (SME Instrument Phase 2) is an interesting opportunity for both early-stage startups and established Small and Medium-sized Enterprises (SME) that aim to further develop an innovative product. Many prospect applicants ask themselves if they should write an application on their own or if they should… Read More
EIC Accelerator Choosing an Acronym for the EIC Accelerator Grant (SME Instrument Phase 2) Posted on June 17, 2020October 9, 2020 The acronym of the EIC Accelerator grant (SME Instrument Phase 2 for European startups) can be viewed as an even more condensed version of the proposal which should give the reader a memorable indication of what the project is about. If the abstract (see: Abstract Guide) summarizes the proposal and… Read More