Do You Need Additional Investors? Posted on March 19, 2019March 18, 2020 By Stephan Segler, Ph.D. Phase 1 is funded as a flat fee of €50,000 for the purpose of performing a feasibility study. Phase 2, while being flexible with €500,000 to €5,000,000 in funding, is also paid as 70% of the total projects costs. The reason for the remaining 30% is that the EU wants to fund companies that are able to allocate the remaining investments or already have revenues as opposed to companies that do not have the means to do so. In summary, the remaining 30% would be covered through private investors, product revenues or through private funds. Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator Industries & CompaniesInvestorsSME Instrument Phase 1SME Instrument Phase 2tip#05
EIC Accelerator A Winning Candidate for the EIC Accelerator Posted on February 6, 2023February 19, 2023 The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity) by the European Commission (EC) and European Innovation Council (EIC) funds European Small- and Medium-Sized Enterprises (SME) and startups. The provided funding per project can reach €17.5 million in total (€2.5 million in grant and €15 million… Read More
EIC Accelerator The Reliance of EU Startups on Consultancies for the EIC Accelerator (SME Instrument) Posted on February 12, 2021February 4, 2021 The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) is an innovation funding program that provides up to €17.5M to startups and Small- and Medium-Sized Enterprises (SME). It is very attractive for eligible companies since it allows single-applicants to directly apply online and participate in… Read More
EIC Accelerator EIC Accelerator and the Vanevo GmbH Success Case Posted on October 19, 2022February 28, 2024 The EIC Accelerator funding (grant and equity, with blended financing option) by the European Innovation Council (EIC) and European Commission (EC) has recently closed its latest financing cut-off with a total budget of €396.7 million (read: Diverse Grant Strategy). The 75 winners are startups and Small- and Medium-Sized Enterprises (SME)… Read More