SME Instrument Grant Writing Tips (EIC Accelerator) Posted on October 12, 2019October 9, 2020 By Stephan Segler, Ph.D. I frequently get asked about the application process for the SME Instrument Funding by the EU, so here is a brief overview for every startup that wants to apply: Proposal writing is the most important part but I am covering this in another post Choosing an Acronym and Tagline: Each proposal has a short Acronym that is used as a project identifier and a tagline which gives a quick overview of the project. The Acronym does not actually need to have any meaning at all and you can be creative. Here is an example of a fictional health project (“ACRONYM – Tagline”): PATIENT NETWORK – Smart & Secure Software for Hospitals to Automate Essential Patient Data Processing and Create a Unified Patient Network in the EU Abstract: Next to the Acronym and Tagline, you will also need to provide an abstract which is 2000 characters long and should give a brief summary of the project. If funded, the Abstract, Acronym and Tagline will be published by the EU. Make sure that every sentence is packed with information and that all information given here counts. Follow the general way scientific work is presented: Problem > Market Pain Point & Competitors > Your Solution > Your Current State > Your Commercial & Market Impact > EU Benefits Keywords: When you create the draft for the submission, you will be asked to select up to 3 keywords with respective sub-keywords from a drop-down list. You can then also add some manual keywords to better describe your project. These keywords will determine the background of our 4 evaluators. Excluding Evaluators: The EU is regularly publishing a list of all evaluators for the SME Instrument and if you suspect a conflict of interest, you can exclude specific reviewers. There are many more small things to consider such as legal/financial data and the overall company registration but the points above cover most of the writing parts for the proposal submission. EIC Accelerator Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator EIC Accelerator grantEIC Accelerator submissionIndustries & CompaniesInvestorsSME Instrument Phase 1Softwaretip#12Writing Tips
EIC Accelerator 2023 Budget Allocations for EIC Pathfinder, Transition and Accelerator Posted on February 8, 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) is designed for startups and Small- and Medium-Sized Enterprises (SME). It awards up to €2.5 million in grant and €15 million in equity financing per project (€17.5… Read More
Horizon 2020 What Types of Industries Receive Funding? Posted on August 29, 2017May 23, 2020 The detailed topic descriptions can be found here. When you are unsure if a specific topic applies to your project, please read the detailed description carefully. To gain an overview of the topics, continue reading. To find out if your company can receive funding by the EU, please read Can… Read More
EIC Accelerator EIC Accelerator Interview Preparation Process: Jury Considerations (Part 3) Posted on October 30, 2021October 26, 2021 One could argue that the Question & Answers (Q&A) session that is part of the EIC Accelerator interviews requires a significant amount of the overall preparation time. With a length of up to 35 minutes after the 10-minute pitch by the startup or Small- and Medium-Sized Enterprises (SME), it can… Read More