What Does “Prototype Stage” Mean? Posted on March 19, 2019March 18, 2020 By Stephan Segler, Ph.D. 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 percentages or absolute values). (b) If you have a physical product then you have proven its functionality and possibly have some commitments from retailers, companies (if B2B) or pre-sales from end-users (if B2C). This shows that your project is functional and that there is a market demand/benefit. Horizon 2020 Phase 1 SME Instrument / EIC Accelerator HardwareIndustries & CompaniesSME Instrument Phase 1Softwaretip#03
EIC Accelerator Zombie Innovation: EIC Accelerator Funding for the Living Dead Posted on May 29, 2023May 26, 2023 The EIC Accelerator funding (grant and equity, with blended financing option) by the European Commission (EC) and European Innovation Council (EIC) is designed for startups and Small- and Medium-Sized Enterprises (SME) and provides €2.5 million in grant and €15 million in venture financing per project. This article investigates the importance… Read More
EIC Accelerator Glitches on the EIC Accelerator’s AI Platform and Changes to the Work Programme (SME Instrument) Posted on April 22, 2021April 20, 2021 In 2021, the EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity) has been re-launched into its most sophisticated iteration yet. With a new AI Tool, a semi-automated evaluation process and a clear focus on disruptive projects, it has now opened its doors for Small- and Medium-Sized… Read More
EIC Accelerator What to Expect in an EIC Accelerator Interview (SME Instrument Phase 2) Posted on December 20, 2020December 15, 2020 The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) by the European Innovation Council (EIC) and European Commission (EC) is a great way for non-bankable and disruptive startups to obtain government funding but the 3-stage application process is highly competitive. With the final stage of… Read More