SME Instrument Phase 1 vs. Phase 2 (EIC Accelerator) Part 2 Posted on October 12, 2019October 9, 2020 By Stephan Segler, Ph.D. Here is some additional information regarding the EU’s Startup Funding (The SME Instrument) that I frequently get questions about: Since Phase 1 will have its last two cut-off days this year with Phase 2 applications still being open, let me give you the main things to keep in mind when writing a Phase 2 proposal directly. Number of pages: Sections 1-3 (the main proposal) are 10 pages long for Phase 1 and 30 pages for Phase 2. Content: Naturally, in a Phase 2 proposal, you can go into more depth in each section but there are also a few parts that are unique compared to the Phase 1 template (e.g. “Communication and access to research data”) Work packages: This is an important one. Phase 1 applications are for a feasibility study and you do not need to have a fixed business plan in place but for Phase 2, you will need to have a very detailed cost structure for the next 2 years of developments. You must know who will perform each task, how much it will cost and what the deliverable will be. Plan about 7 to 15 pages just for the work packages. Budget: Phase 1 is fixed at €50,000 while Phase 2 can be set to €2,500,000 or higher in some cases. EIC Accelerator Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator EIC Accelerator templateInvestorsSME Instrument Phase 1SME Instrument Phase 2tip#14Writing Tips
EIC Accelerator Finding Updates and News for the EIC Accelerator (SME Instrument Phase 2) Posted on July 27, 2020February 19, 2023 The European Commission has a variety of channels where updates and news are published. For the EIC Accelerator (SME Instrument Phase 2), there is not a single, centralized source of information but a variety of fragmented channels which should be scanned periodically in order to remain up-to-date on recent developments…. Read More
EIC Accelerator How To Identify a High Quality SME Instrument Project (EIC Accelerator) Posted on October 12, 2019March 20, 2020 If you are considering to apply for the start-up grant by the EU, here is the most important information on how to identify a high-quality project: (1) Hardware products: More than 60% of all funded projects are related to hardware manufacturing, followed by subscription services at only 16%. This… Read More
EIC Accelerator Proposed Application Process for the EIC Accelerator 2021 (SME Instrument Phase 2) Posted on December 11, 2020March 7, 2021 Attention: A new article is available detailing the changes for the 2021 EIC Accelerator Work Program. The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) will be reinstated in 2021 with a higher budget, a new structure and a different evaluation process. For startups and… Read More