EIC Accelerator Developing a Commercial Strategy for the EIC Accelerator (SME Instrument Phase 2) Posted on August 18, 2020October 9, 2020 One of the core sections of an EIC Accelerator application (SME Instrument Phase 2), taken from the official grant proposal template, is the commercial strategy. Such a strategy might seem very straight forward in many cases but, in order to fully advertise the impact and scalability of a project, great… Read more
EIC Accelerator The Biggest Mistakes When Applying to the EIC Accelerator (SME Instrument Phase 2) Posted on August 11, 2020February 19, 2023 Every once in a while, a company is reaching out to us with a rejected EIC Accelerator grant (SME Instrument Phase 2) application which they have prepared themselves but were unsuccessful with. Very rarely, such self-prepared applications are professionally written and reach a high score (i.e. above 13 out of… Read more
EIC Accelerator Why It’s Great to be a Female Entrepreneur in the EU (EIC Accelerator) Posted on August 4, 2020October 9, 2020 The Europen Commission has long implemented policies and targets to increase gender equality across all industries and government institutions. While the EIC Accelerator (formerly the SME Instrument Phase 2) has been largely free from any interventions of such policies, there are a variety of factors that have been part of… Read more
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 Document Formatting Tips for the EIC Accelerator Grant pt.3 (SME Instrument Phase 2) Posted on June 12, 2020October 9, 2020 For part 1 & part 2 of the EIC Accelerator grant formatting tips, please read this & this article. Proposal Colour The EIC Accelerator grant (SME Instrument Phase 2) proposal colour should be pleasant, consistent and not distract from the written content. It is recommended to choose one main proposal… Read more
EIC Accelerator Document Formatting Tips for the EIC Accelerator Grant pt.2 (SME Instrument Phase 2) Posted on June 11, 2020October 9, 2020 For part 1 of the EIC Accelerator grant formatting tips, please read this article. Hyper-links, cross-references and bookmarks It is recommended for a professional writer or consultant to use hyperlinks (i.e. for footnotes and for in-text references such as company names), cross-references (i.e. to sections in the same document) and… Read more
EIC Accelerator EIC Accelerator Interviews: Pitch Deck vs. Proposal Documents (SME Instrument) Posted on June 4, 2020October 9, 2020 The EIC Accelerator (SME Instrument) grant program follows a two-step evaluation process consisting of a written application (step 1) and an in-person interview (step 2). Each evaluation stage is equally important but, due to the differing mechanisms for scoring a respective project, the approach for preparing the individual parts of… Read more
EIC Accelerator Choosing a Good Project for the EIC Accelerator (SME Instrument Phase 2) Posted on May 29, 2020October 9, 2020 While any type of industry or product is eligible for an EIC Accelerator application, the EU specifically seeks out innovative businesses that are providing high-risk and high-reward products or services. The evaluation criteria directly mention new market creation, market disruption as well as the establishment of new value-chains and, while… Read more
EIC Accelerator Presenting Customer Interest for a Successful EIC Accelerator Application (SME Instrument Phase 2) Posted on May 27, 2020October 9, 2020 Next to outlining the innovative nature of a project, being able to demonstrate customer interest (i.e. traction) is a key factor for the success of an EIC Accelerator application. Like most other recommendations, this criteria is not an official requirement to be eligible for the financing but the evaluation checklist… Read more
EIC Accelerator EIC Accelerator (SME Instrument Phase 2) – Introduction and Blended Finance Posted on May 22, 2020October 9, 2020 Writing a successful EIC Accelerator (SME Instrument) application is always challenging due to the competitive nature of the grant and the 2 step evaluation process (i.e. written application and in-person interview). Success Rates Typical success rates range between 2% and 5% depending on the individual budget and the number of… Read more