Directly Applying for Phase 2 Posted on March 19, 2019March 18, 2020 By Stephan Segler, Ph.D. I am talking to a lot of startups regarding EU funding and I frequently get asked if it is possible to apply to Phase 2 of the SME Instrument directly. The answer is: Yes. Technically you can but in reality, most startups do not have enough data (market, business plan, strategy, financial projections, users etc.) for the application. On top of that, the chances to receive Phase 2 funding after a completed Phase 1 are twice as high. My suggestion is always to get Phase 1 first since it is easier to finance and then use the financial support to prepare for Phase 2. Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator InvestorsSME Instrument Phase 1SME Instrument Phase 2tip#08
EIC Accelerator Writing the Abstract for the EIC Accelerator Grant (SME Instrument Phase 2) Posted on June 16, 2020October 9, 2020 The abstract for the EIC Accelerator (SME Instrument Phase 2) project will be the only part of the proposal that, if successful, is made public through the Community Research and Development Information Service (CORDIS) website. In general, it should contain a complete summary of the project, condensed into 2,000 characters,… 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 Last-Minute Restrictions of EIC Accelerator Step 1 Submissions Posted on May 6, 2021May 6, 2021 On May 5th 2021, it has been announced that all submissions for Step 1 of the EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity) application process are closed until June 22nd. This has come as a surprise to many since the call was supposed to be… Read More