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 Writing an EIC Accelerator Application: Microsoft Word vs. Adobe InDesign (SME Instrument Writing) Posted on May 23, 2020October 9, 2020 The EIC Accelerator application consists of the following major parts: Document 1 (Main proposal as PDF – 30 pages1 ≤ 10MB) Document 2 (Annexes as PDF – unlimited pages ≤ 10MB) Document 3 (Financial documents as PDF & XLS/ODS ≤ 10MB) Document 4 (Pitch deck as PDF – unlimited pages… Read More
EIC Accelerator How to Select an EU Grant Financing Program such as the EIC Accelerator (SME Instrument) – Part 2 Posted on December 27, 2020December 20, 2020 This article is a continuation of Part 1 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 Deciding Between EIC Pathfinder, Transition and Accelerator Posted on January 27, 2023February 19, 2023 The EIC Accelerator funding (grant and equity, with blended financing option) by the European Innovation Council (EIC) and European Commission (EC) is one of the multiple programs available to Small- and Medium-Sized Enterprises (SME) and startups. It awards up to €2.5 million in grant and €15 million in equity financing… Read More