SME Instrument Phase 1 vs. Phase 2 (EIC Accelerator)

Since Phase 1 (€50,000) of the EUs start-up grant will be discontinued after September 2019 but Phase 2 (€2,500,000) will remain open, here is an overview of the main differences between the applications.

 

While Phase 1 &2 proposals do follow almost the exact same template, there are important variations to consider:

 

  • Feasibility vs Implementation: Phase 1 is granted for a feasibility study of the project while Phase 2 is for the implementation of all technical and commercial developments.
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  • Grant amount and competitiveness: Due to the higher grant amount, Phase 2 is more difficult to achieve than Phase 1
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  • Funding threshold: The official threshold for funding is 13/15 for Phase 1 and 12/15 for Phase 2
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  • Interview: Phase 2 requires an in-person interview before the grant is approved
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  • Proposal length and additional sections: The main document is 10 pages for Phase 1 while Phase 2 is 30 pages.
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  • Value for money of subcontracting is rated: The subcontracting in the proposed project must be described and justified according to its best value for money.