EIC Accelerator Technology Readiness Levels and the EIC Accelerator (SME Instrument) Posted on June 5, 2020October 9, 2020 Technology Readiness Levels (TRL) are a useful way of classifying the current stage of an innovation or technology. They have originally been developed by the National Aeronautics and Space Administration (NASA) many decades ago but have persisted as a popular tool used by institutions such as the European Commission (EC)… Read more
EIC Accelerator Technology Readiness Levels (TRL) for the EIC Accelerator (SME Instrument) Posted on May 28, 2020October 9, 2020 To apply for the EIC Accelerator (SME Instrument Phase 2) financing, your project will need to be at the prototype level which is defined as TRL6 (i.e. proof-of-concept) according to the Technology Readiness Level (TRL) classifications which are ranging from TRL1 (i.e. basic research or idea stage) to TRL9 (i.e…. 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 Business Models for EIC Accelerator Applications (SME Instrument) Posted on May 24, 2020October 9, 2020 There are a great number of different business models available to choose from (i.e. marketplaces, product sales, SaaS, B2B, B2C, B2B2C, etc.) and the EU even lists business model innovations as a viable project type which can receive innovation financing. Still, some business models are better than others but it… 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
Horizon 2020 What Does “Prototype Stage” Mean? Posted on March 19, 2019March 18, 2020 If you already have a prototype (an App or a physical product) then it is important to have some quantifiable feedback. For example: (a) You have active users on your platform who have given you feedback regarding the effectiveness of your solution (lowered costs or other benefits – expressed in… Read more
Horizon 2020 Technical Writing Tips Posted on March 19, 2019March 18, 2020 When you write your proposal, you must make sure that your technology is well explained and that your explanation is not too superficial. This is difficult since the proposal has a page limit but the evaluator must see that you and your team have put a lot of development efforts… Read more