EIC Accelerator Applications and EU Policies or Targets (SME Instrument Phase 2) Posted on May 25, 2020October 9, 2020 By Stephan Segler, Ph.D. Preparing a great EIC Accelerator application always includes the consideration of the EU policies and targets which are directly supported by the project but this strategy goes both ways. While the EIC Accelerator is open to innovations of all industries, any project that is directly going against EU policies will not be funded and be deemed ineligible. Examples for this would be new AI-solutions to better identify rich oil fields or new innovations to bring cheap diesel generators to third world countries. These two innovations are directly moving against the desired fossil fuel phase-out in the EU and would likewise oppose climate targets. The same principle can be extended to societal (i.e. relating to poverty, liberty, ethics or human rights), gender (i.e. in respect to giving more opportunities to women) or ethnic implications (i.e. immigration or discrimination issues). A new platform to help men find careers in STEM fields is less interesting than an innovation which provides an equivalent service for women due to the EU’s pronounced interest in gender issues. Avoiding all conflicts with EU policies while highlighting its alignment and even support of the EU’s agenda is an important part of writing a successful application. This article was last modified on Oct 9, 2020 @ 11:19 These tips are not only useful for European startups, professional writers, consultants and Small and Medium-Sized Enterprises (SME) but are generally recommended when writing a business plan or investor documents. Deadlines: Post-Horizon 2020, the EIC Accelerator accepts Step 1 submissions now while the deadlines for the full applications (Step 2) under Horizon Europe are: Step 1 Open now: Apply as soon as possible to be eligible for the next Step 2 submission deadline Proposals are sent for evaluation on the first Tuesday of every month Step 2 (closing 17:00 Brussels Time) 1st cut-off 2025: - 2nd cut-off 2025: March 12th 2025 3rd cut-off 2025: - 4th cut-off 2025: October 1st 2025 Step 3 1st cut-off 2025: - 2nd cut-off 2025: TBD 3rd cut-off 2025: - 4th cut-off 2025: TBD The Step 1 applications must be submitted weeks in advance of Step 2. The next EIC Accelerator cut-off for Step 2 (full proposal) can be found here. After Brexit, UK companies can still apply to the EIC Accelerator under Horizon Europe albeit with non-dilutive grant applications only - thereby excluding equity-financing. Contact: You can reach out to us via this contact form to work with a professional consultant. AI Grant Writer: ChatEIC is a fully automated EIC Accelerator grant proposal writer: Get it here. EU, UK & US Startups: Alternative financing options for EU, UK and US innovation startups are the EIC Pathfinder (combining Future and Emerging Technologies - FET Open & FET Proactive) with €4M per project, Thematic Priorities, European Innovation Partnerships (EIP), Innovate UK with £3M (for UK-companies only) as well as the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants with $1M (for US-companies only). Any more questions? View the Frequently Asked Questions (FAQ) section. Want to see all articles? They can be found here. For Updates: Join this Newsletter! by Stephan Segler, PhDProfessional Grant Consultant at Segler Consulting General information on the EIC Accelerator template, professional grant writing and how to prepare a successful application can be found in the following articles: A Quick FTO Guide for EIC Accelerator Applicants in a Rush 2023 Budget Allocations for EIC Pathfinder, Transition and Accelerator Developing the Unique Selling Points (USP) for the EIC Accelerator Explaining the Resubmission Process for the EIC Accelerator A Short but Comprehensive Explanation of the EIC Accelerator EIC Accelerator Success Cases Deciding Between EIC Pathfinder, Transition and Accelerator A Winning Candidate for the EIC Accelerator EIC Accelerator Interview Preparation Process: Scripting the Pitch (Part 1) EIC Accelerator Horizon 2020 Phase 2 SME Instrument / EIC Accelerator EIC Accelerator helpEIC Accelerator womenSME Instrument Phase 2SoftwareWriting Tips
EIC Accelerator Assessing an EIC Accelerator Applicant for Innovation, Traction and the Team (SME Instrument) – Part 3 Posted on October 21, 2020October 18, 2020 Part 1 (Innovation) and Part 2 (Traction) of this article can be found under the provided links. 3. Team After a professional grant writer or consultant has successfully assessed the innovativeness and traction of a project, an in-depth look at the team should follow to cover the most important bases… Read More
EIC Accelerator Why it is So Difficult to Assess an EIC Accelerator Project (SME Instrument Phase 2) Posted on December 19, 2020December 12, 2020 Assessing a company for an EIC Accelerator blended financing application (formerly SME Instrument Phase 2, grant and equity financing) can be a challenge since it requires a comprehensive investigation of multiple variables (read: Assessing a Project). Small- and Medium-Sized Enterprises (SME) would often like to receive such an assessment in… Read More
EIC Accelerator Document Formatting Tips for the EIC Accelerator Grant pt.1 (SME Instrument Phase 2) Posted on June 10, 2020October 9, 2020 For the EIC Accelerator Grant (SME Instrument Phase 2), the design of the text, headers and pages are an important factor in making an overall positive impression on the evaluators of the proposal. As such, a clean and easy-to-read structure should always be prioritized over an overloaded block of text… Read More