Changes in the EIC Accelerator during 2019 Posted on January 13, 2020October 14, 2020 By Stephan Segler, Ph.D. Since 2019 has come to an end, here is a summary of the main changes that have occurred regarding the EUs startup grant – the EIC Accelerator: 1. Equity Finance: The most significant change was the discontinuation of Phase 1 (€50,000 grant financing) and the introduction of the new blended financing option for Phase 2 (now up to €17,500,000 with grant and equity). 2. Phase 2 Template: The template for the Phase 2 application has been reworked and includes new additions such as detailed financial information, listed KPIs, explicit need for EU support and the addition of specific summaries to the proposal introduction instead of the previously introduced executive summary. 3. Pitch Deck: The pitch deck for the required presentations and interviews will now need to be uploaded with the application and cannot be modified later on. These and other minor changes will need to be considered when submitting (or re-submitting) your next proposal. EIC Accelerator Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator EIC Accelerator equityEIC Accelerator financingEIC Accelerator grantEIC Accelerator templateSME Instrument Phase 1SME Instrument Phase 2tip#18
EIC Accelerator Technology Readiness Levels and the EIC Accelerator (SME Instrument) Posted on June 5, 2020October 9, 2020 Technology Readiness Levels (TRL) are a useful way of classifying the current stage of an innovation or technology. They have originally been developed by the National Aeronautics and Space Administration (NASA) many decades ago but have persisted as a popular tool used by institutions such as the European Commission (EC)… 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 Balancing Content for the EIC Accelerators Step 1 Video, Deck and Proposal (SME Instrument) Posted on April 25, 2021April 20, 2021 The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity) has recently introduced a novel Step 1 to the application process. This is presenting a new challenge to professional writers, consultancies and freelancers but it is also an interesting new way of displaying an innovation project (read:… Read More