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 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 Business Models for EIC Accelerator Applications (SME Instrument) Posted on May 24, 2020October 9, 2020 There are a great number of different business models available to choose from (i.e. marketplaces, product sales, SaaS, B2B, B2C, B2B2C, etc.) and the EU even lists business model innovations as a viable project type which can receive innovation financing. Still, some business models are better than others but it… Read More
EIC Accelerator EIC Accelerator Proposal Design: Helpful Resources and Graphics (SME Instrument) Posted on June 3, 2020October 9, 2020 1. Pictograms Pictograms can be very helpful in designing concept graphics and in increasing the general appeal of figures and images. Since a single project might have very specific needs regarding the type and look of the desired illustrations, a large database of pictograms is highly beneficial. The Noun Project… Read More