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 Helpful Resources for an EIC Accelerator Pitch Video (SME Instrument) Posted on February 8, 2021February 4, 2021 In 2021, the EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) will include a video pitch as a new proposal document which is expected to place an additional burden on applying startups and Small- and Medium-Sized Enterprises (SME). While tips on choosing an appropriate video… Read More
EIC Accelerator SME Instrument Grant Writing Tips (EIC Accelerator) Posted on October 12, 2019October 9, 2020 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… Read More
Horizon 2020 What Projects Does the EU Like Most? Posted on March 19, 2019March 18, 2020 The EU is not a private investor. Next to a great business proposition, the EU also cares about long term social, environmental and economic benefits in Europe with respects to climate change, a reduction in unemployment, boosting innovation, gender equality, integration of ethnic minorities, sustainability, infrastructure and facilitating the introduction of future… Read More