EIC Accelerator EIC Accelerator (SME Instrument Phase 2) – Introduction and Blended Finance Posted on May 22, 2020October 9, 2020 Writing a successful EIC Accelerator (SME Instrument) application is always challenging due to the competitive nature of the grant and the 2 step evaluation process (i.e. written application and in-person interview). Success Rates Typical success rates range between 2% and 5% depending on the individual budget and the number of… Read more
EIC Accelerator EIC Accelerator Budget Retrospectively Increased By €150m due to COVID-19 Posted on April 30, 2020October 9, 2020 It has today been announced that the budget for the March 20th cut-off for the EIC Accelerator has been increased retrospectively. This has been decided due to the record number of applications received (almost 4,000 instead of the usual ~1,900) and the EU’s push towards applicants to present COVID-19 related… Read more
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 Update: Proposal Template for the EIC Accelerator Green Deal Deadline (SME Instrument May 2020) Posted on April 16, 2020October 14, 2020 There has been an update on April 3rd (here) for the EIC Accelerator (SME Instrument) template which now gives applicants the opportunity to receive inquiries from potential investors, provided a Seal of Excellence (score of 13/15) has been received. In Annex 3 of the proposal, every applicant now has the… Read more
EIC Accelerator EIC Accelerator: New Proposal Template from March 20th (2020) Posted on March 26, 2020October 14, 2020 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… Read more
EIC Accelerator Using the Evaluation Summary Report (ESR) to Improve Grant Proposal Writing (EIC Accelerator) Posted on March 20, 2020October 14, 2020 Every great grant application starts with a great project. It must be able to check all the necessary boxes from the innovation, the team, the commercialisation strategy over to the market impact but it is very common to forget how most of these factors are not directly evaluated by the… Read more
EIC Accelerator The EIC Accelerator: Grant vs. Blended Financing (Equity) Posted on March 20, 2020October 14, 2020 Here are the answers to some frequently asked questions regarding the equity financing option of the EU’s start-up grant (SME Instrument, EIC Accelerator). The EIC Accelerator offers the application for either a pure grant or blended finance (a mix between a grant and equity-based financing). While the application and reviewing… Read more
EIC Accelerator The European Green Deal – A Dedicated Cut-Off for the EIC Accelerator Posted on March 20, 2020October 14, 2020 Here is some information on the new “Green Deal” deadline for the EIC Accelerator – the EU’s innovation startup funding (up to €17.5m per project). One of the four cut-off dates in 2020 has been dedicated to innovations which are focusing on anything that can have a positive and quantifiable… Read more
EIC Accelerator The Difference Between Innovation and Features (EIC Accelerator) Posted on January 17, 2020October 14, 2020 Here are some tips regarding applications for the EU’s start-up grant (up to €2,500,000 via grant + €15,000,000 through equity financing). The central component for the grant application is the innovative nature of the project, meaning that it not only addresses customer needs and has a significant market impact but… Read more
EIC Accelerator Changes in the EIC Accelerator during 2019 Posted on January 13, 2020October 14, 2020 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… Read more
EIC Accelerator SME Instrument Grant Writing Tips (EIC Accelerator) Posted on October 12, 2019October 9, 2020 I frequently get asked about the application process for the SME Instrument Funding by the EU, so here is a brief overview for every startup that wants to apply: Proposal writing is the most important part but I am covering this in another post Choosing an Acronym and Tagline: Each… Read more