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 Where can EIC Accelerator Results be found? (SME Instrument Phase 2) Posted on October 29, 2020October 19, 2022 The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) is an interesting opportunity for startups or Small- and Medium-Sized Enterprises (SME) to gain government funding for innovation activities. When working with a consultancy or professional grant writer, the process is simplified significantly but, when applying… Read More
EIC Accelerator How to Create Pitch Videos for the EIC Accelerator (SME Instrument Phase 2) Posted on December 12, 2020February 19, 2023 The European Commission (EC) and the European Innovation Council (EIC) are planning major changes to the EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) application process whereas the introduction of video pitches is expected (read: EIC 2021). These can present a new challenge for prospect… 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