EIC Accelerator: New Proposal Template from March 20th (2020) Posted on March 26, 2020October 14, 2020 By Stephan Segler, Ph.D. The new proposal template for the EIC Accelerators Green Deal deadline on May 19th has recently been released and this article summarises the major changes. New Form Fields: The first change is found in the application forms under “Call Specific Questions” where it is now required to provide the gender of the CEO. This is in accordance with the new rule to have a 25% quota for female CEO’s which must be met by the EIC Accelerator. In addition, Green Deal goals must be selected via checkboxes to identify if the project is addressing any of the existing targets. Both of these changes will very likely remain part of all future EIC Accelerator deadlines. New Impact Criterion: In the “Impact” section of the application template, a new criterion named “Green Deal (May 2020 cut-off only)” has been added which asks companies to detail the impact on the EU’s new Green Deal. This impact must be quantified and proven by providing suitable explanations and references. The Equity Table is Now Mandatory: The third change can be found in the “Financing Needs” section and the “Equity Table” specifically. Since requesting equity-financing is optional, filling out the equity table has so far been optional as well. It used to state “Equity (if blended finance requested)” in the September 2019 version and now says “Equity (All applicants should fill in this section)” in the March 2020 template. It is always useful to see if any changes have been made to the template even if an application is already completed or being re-submitted to subsequent deadlines. Each updated template contains a list of changes in the beginning which will make it easier to implement the new requirements. This article was last modified on Oct 14, 2020 @ 12:38 These tips are not only useful for European startups, professional writers, consultants and Small and Medium-Sized Enterprises (SME) but are generally recommended when writing a business plan or investor documents. Deadlines: Post-Horizon 2020, the EIC Accelerator accepts Step 1 submissions now while the deadlines for the full applications (Step 2) under Horizon Europe are: Step 1 Open now: Apply as soon as possible to be eligible for the next Step 2 submission deadline Step 2 (closing 17:00 Brussels Time) 1st cut-off 2025: - 2nd cut-off 2025: March 12th 2025 3rd cut-off 2025: - 4th cut-off 2025: October 1st 2025 Step 3 4th cut-off 2024: January 13th to 17th 2025 1st cut-off 2025: TBD 2nd cut-off 2025: TBD 3rd cut-off 2025: TBD 4th cut-off 2025: TBD The Step 1 applications must be submitted weeks in advance of Step 2. The next EIC Accelerator cut-off for Step 2 (full proposal) can be found here. After Brexit, UK companies can still apply to the EIC Accelerator under Horizon Europe albeit with non-dilutive grant applications only - thereby excluding equity-financing. Contact: You can reach out to us via this contact form to work with a professional consultant. EU, UK & US Startups: Alternative financing options for EU, UK and US innovation startups are the EIC Pathfinder (combining Future and Emerging Technologies - FET Open & FET Proactive) with €4M per project, Thematic Priorities, European Innovation Partnerships (EIP), Innovate UK with £3M (for UK-companies only) as well as the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants with $1M (for US-companies only). Any more questions? View the Frequently Asked Questions (FAQ) section. Want to see all articles? They can be found here. For Updates: Join this Newsletter! by Stephan Segler, PhDProfessional Grant Consultant at Segler Consulting General information on the EIC Accelerator template, professional grant writing and how to prepare a successful application can be found in the following articles: A Quick FTO Guide for EIC Accelerator Applicants in a Rush 2023 Budget Allocations for EIC Pathfinder, Transition and Accelerator Developing the Unique Selling Points (USP) for the EIC Accelerator Explaining the Resubmission Process for the EIC Accelerator A Short but Comprehensive Explanation of the EIC Accelerator EIC Accelerator Success Cases Deciding Between EIC Pathfinder, Transition and Accelerator A Winning Candidate for the EIC Accelerator EIC Accelerator Interview Preparation Process: Scripting the Pitch (Part 1) EIC Accelerator Horizon 2020 Phase 2 SME Instrument / EIC Accelerator EIC Accelerator deadlineEIC Accelerator equityEIC Accelerator financingEIC accelerator green dealEIC Accelerator templateEIC Accelerator womenIndustries & CompaniesSME Instrument Phase 1tip#22Writing Tips
EIC Accelerator EIC Accelerator Interviewees from March Deadline Unable to Apply for May Cut-Off Posted on April 29, 2020October 9, 2020 Due to the record number of applications for the EIC Accelerator’s March 2020 deadline (almost 3,968 applications instead of the regular ~1,900), the interview week for step 2 of the evaluation process has been postponed from the initial May 4-8th to May 11-20th. This will lead to an overlap with… Read More
EIC Accelerator A Quick FTO Guide for EIC Accelerator Applicants in a Rush Posted on February 10, 2023February 19, 2023 The EIC Accelerator grant financing (with blended equity option) by the European Innovation Council (EIC) and European Commission (EC) is interesting to many Small- and Medium-Sized Enterprises (SME) and startups but it demands extensive preparation and work. While it provides €2.5 million in grant and €15 million in venture financing… Read More
EIC Accelerator How the EIC Can Incentivise Shorter and Clearer Applications for the EIC Accelerator (SME Instrument Phase 2) – Part 2 Posted on December 14, 2020December 10, 2020 Information for readers: The following is a description of a proposed evaluation process but it does not, in any way, reflect the current way EIC Accelerator applications are evaluated. For this, please read this article. This article is a continuation of Part 1 and is followed by Part 3 and… Read More