The EIC Accelerator funding (grant and equity, with blended financing option) awards up to €2.5 million in grant and €15 million in equity financing per project (€17.5 million total). It is a popular funding instrument specializing in DeepTech startups and small mid-caps which aim to finalize their product developments, enter…
Tag: SME Instrument Phase 1
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Update: Proposal Template for the EIC Accelerator Green Deal Deadline (SME Instrument May 2020)
There has been an update on April 3rd (here) for the EIC Accelerator (SME Instrument) template which now gives applicants the opportunity to receive inquiries from potential investors, provided a Seal of Excellence (score of 13/15) has been received. In Annex 3 of the proposal, every applicant now has the…
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Using the Evaluation Summary Report (ESR) to Improve Grant Proposal Writing (EIC Accelerator)
Every great grant application starts with a great project. It must be able to check all the necessary boxes from the innovation, the team, the commercialisation strategy over to the market impact but it is very common to forget how most of these factors are not directly evaluated by the…
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The European Green Deal – A Dedicated Cut-Off for the EIC Accelerator
Here is some information on the new “Green Deal” deadline for the EIC Accelerator – the EU’s innovation startup funding (up to €17.5m per project). One of the four cut-off dates in 2020 has been dedicated to innovations which are focusing on anything that can have a positive and quantifiable…
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Changes in the EIC Accelerator during 2019
Since 2019 has come to an end, here is a summary of the main changes that have occurred regarding the EUs startup grant – the EIC Accelerator: 1. Equity Finance: The most significant change was the discontinuation of Phase 1 (€50,000 grant financing) and the introduction of the new blended financing…
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EIC Accelerator Success Rates and Feasibility Studies (SME Instrument)
The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) is a competitive program targeted at innovative Small- and Medium-Sized Enterprises (SME) and startups. Under the name SME Instrument, it was active for many years and provided a financial support system over two phases – Phase…
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Work Packages for the EIC Accelerator (SME Instrument Phase 2)
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…
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EIC Accelerator: New Proposal Template from March 20th (2020)
The new proposal template for the EIC Accelerators Green Deal deadline on May 19th has recently been released and this article summarises the major changes. New Form Fields: The first change is found in the application forms under “Call Specific Questions” where it is now required to provide the gender of…
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The EIC Accelerator: Grant vs. Blended Financing (Equity)
Here are the answers to some frequently asked questions regarding the equity financing option of the EU’s start-up grant (SME Instrument, EIC Accelerator). The EIC Accelerator offers the application for either a pure grant or blended finance (a mix between a grant and equity-based financing). While the application and reviewing…
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The Difference Between Innovation and Features (EIC Accelerator)
Here are some tips regarding applications for the EU’s start-up grant (up to €2,500,000 via grant + €15,000,000 through equity financing). The central component for the grant application is the innovative nature of the project, meaning that it not only addresses customer needs and has a significant market impact but…
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SME Instrument Grant Writing Tips (EIC Accelerator)
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…