EIC Accelerator Pre-Requisites for an EIC Accelerator Application (SME Instrument Phase 2) Posted on May 30, 2020October 9, 2020 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… 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 EIC Accelerator Applications and EU Policies or Targets (SME Instrument Phase 2) Posted on May 25, 2020October 9, 2020 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… 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 Writing an EIC Accelerator Application: Microsoft Word vs. Adobe InDesign (SME Instrument Writing) Posted on May 23, 2020October 9, 2020 The EIC Accelerator application consists of the following major parts: Document 1 (Main proposal as PDF – 30 pages1 ≤ 10MB) Document 2 (Annexes as PDF – unlimited pages ≤ 10MB) Document 3 (Financial documents as PDF & XLS/ODS ≤ 10MB) Document 4 (Pitch deck as PDF – unlimited pages… Read more
EIC Accelerator SME Instrument Grant Writing Tips (EIC Accelerator) Posted on October 12, 2019October 9, 2020 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… 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