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 How to Interpret the Evaluation Summary Report (ESR) of an EIC Accelerator Application (SME Instrument) – Part 2 Posted on October 28, 2020October 18, 2020 This article is a continuation of Part 1 which can be found under the provided link. The Evaluation Summary Report (ESR) provides the EIC Accelerator blended financing applicant (formerly SME Instrument Phase 2, grant and equity financing) with feedback regarding the proposal quality. While separating and grading the central sections of… Read More
EIC Accelerator Work Packages for the EIC Accelerator (SME Instrument Phase 2) Posted on October 31, 2020October 18, 2020 Work packages are an integral part of EIC Accelerator applications (formerly SME Instrument Phase 2) and are the key to specifying and quantifying the exact use of the grant or blended financing requested (i.e. a combination of grant and equity). Professional writers and grant consultants are well aware of their… Read More
Horizon 2020 Can My Company Receive Funding from the EU? Posted on August 29, 2017October 9, 2020 To see if the project is eligible for funding in one of the 13 topics, please read What Types of Industries Receive Funding?. More information and FAQs by the European Commission can be found here. Your company can apply with a project proposal if: It registered in an EU-28 country such… Read More