How To Improve Your Chances of Getting Funded Posted on August 29, 2017May 23, 2020 By Stephan Segler, Ph.D. To find out if your project is suitable for funding, please read What Types of Industries Receive Funding?. Three of the four evaluators that will review the proposal have a business background and only one will have a technical or scientific background. While it is impossible to know what the specific evaluators will focus on and look for, there are some general things that make the project look more suitable for investments: You have financial backing other than the SME Instrument (Own revenues, parent company, private investors) You have been acknowledged for your innovation (prices, funds, awards, features on blogs, TV or magazines) You address a promising market segment (market growth, market size, small competition) You have Letters of Recommendation from key partners and stakeholders (regulatory agencies, decision makers, relevant authorities, thought leaders) You have Letters of Intent from Suppliers, Customers or Distributors You have a highly experienced and capable team (work experience, relevant projects, education, extensive support network) Your project brings not only financial but also social benefits to the EU Your project has more potential than just the Phase 2 developments and can be expanded further within the next decade It is not necessary to fill all the boxes but we should be able to address as many points as possible. Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator Industries & CompaniesInvestorsSME Instrument Phase 1SME Instrument Phase 2Writing Tips
EIC Accelerator The Challenge with EIC Accelerator Open Calls: MedTech Innovations Dominate Posted on June 13, 2024June 13, 2024 The EIC Accelerator funding (grant and equity, with blended financing option) by the European Innovation Council (EIC) and European Commission (EC) provides funding in a variety of different ways. Startups and Small- and Medium-Sized Enterprises (SME) can choose between Challenge and Open Calls which present two different budget segments of… Read More
EIC Accelerator EIC Accelerator Writing: Providing the Missing Link (SME Instrument Phase 2) Posted on May 31, 2020October 9, 2020 The introduction of an EIC Accelerator (SME Instrument Phase 2) application is one of the most important sections and it is one on which I spend a disproportionate amount of time on. Outside of researching and understanding a certain innovative technology, understanding the context of the innovation in terms of… Read More
EIC Accelerator ChatGPT for the EIC Accelerator: Will the Real AI Please Stand Up Posted on January 25, 2023January 21, 2023 The EIC Accelerator funding (grant and equity, with blended financing option) by the European Innovation Council (EIC) and European Commission (EC) has been largely reinvented in 2021. The previous application process of preparing and submitting a 30-page PDF file has been overhauled and replaced with a very comprehensive online platform… Read More