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