The European Innovation Council (EIC) has published The Deep Tech Europe Report: key numbers from the EIC performance (PDF) which summarizes key impact figures and statistics with respect to the EIC Accelerators performance. The EIC Accelerator blended financing program (formerly SME Instrument Phase 2, grant and equity financing) has been…
Tag: Software
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The Biggest Mistakes When Applying to the EIC Accelerator (SME Instrument Phase 2)
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…
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Technology Readiness Levels and the EIC Accelerator (SME Instrument)
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)…
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Pre-Requisites for an EIC Accelerator Application (SME Instrument Phase 2)
The applicant for the EIC Accelerator (SME Instrument Phase 2) financing is a registered company which will need to create an account on the EU’s Funding and Tenders Portal in order to receive a Participant Identification Code (PIC). Once registered, the company can apply for a variety of grants and…
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EIC Accelerator Applications and EU Policies or Targets (SME Instrument Phase 2)
Preparing a great EIC Accelerator application always includes the consideration of the EU policies and targets which are directly supported by the project but this strategy goes both ways. While the EIC Accelerator is open to innovations of all industries, any project that is directly going against EU policies will…
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Designing Images for an EIC Accelerator Application (SME Instrument Phase 2) – Part 2
Part 1 of this article can be found under the provided link. 4. Image Guide for Selected Sections Whatever type of EIC Accelerator (formerly SME Instrument Phase 2 – grant, equity and blended finance) project it is, in almost all cases, it is useful to create or re-create certain images….
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Assessing an EIC Accelerator Applicant for Innovation, Traction and the Team (SME Instrument) – Part 2
Part 1 (Innovation) of this article can be found under the provided link. 2. Traction The suitability of a project for an EIC Accelerator grant or blended financing application (SME Instrument Phase 2, with equity option) can be difficult to assess even for professional writers or high-level consultants. For this…
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EIC Accelerator: Software Choices for the Annexes (SME Instrument Phase 2)
For Document 1 writing tips, please view: Writing an EIC Accelerator Application: Microsoft Word vs. Adobe InDesign (SME Instrument Writing) Illustrations & Graphics While writing a well-narrated EIC Accelerator (SME Instrument Phase 2) proposal is important, it cannot be overstated how essential clear and visually appealing graphics are for a…
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EIC Accelerator Proposal Design: Helpful Resources and Graphics (SME Instrument)
1. Pictograms Pictograms can be very helpful in designing concept graphics and in increasing the general appeal of figures and images. Since a single project might have very specific needs regarding the type and look of the desired illustrations, a large database of pictograms is highly beneficial. The Noun Project…
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Technology Readiness Levels (TRL) for the EIC Accelerator (SME Instrument)
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….
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Business Models for EIC Accelerator Applications (SME Instrument)
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…