What is the Timeline for the Application? Posted on March 19, 2019March 18, 2020 By Stephan Segler, Ph.D. Since I am frequently asked about the specific timeline and duration for the EU’s SME Instrument funding, here is a brief overview of how long it takes to apply: Phase 1: – There are 4 deadlines per year for which applications can be submitted (usually February, May, September and November) – 1 Month is required to prepare the application so that there is enough time to get all support documents ready – 4 to 8 weeks until the result is out – 6 to 12 weeks until the grant agreement contract is signed (and the first part of the grant is received) Once Phase 1 is funded, it should take 3-5 month to prepare the feasibility study and to get ready for Phase 2. The process for Phase 2 is similar to Phase 1 with 4 deadlines per year and roughly the same waiting periods. Important: If the first application is rejected then the next deadline will be 3 months later which means that each re-submission increases the time needed to receive the grant. Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator EIC Accelerator deadlineEIC Accelerator grantEIC Accelerator submissionInvestorsSME Instrument Phase 1SME Instrument Phase 2Timelinetip#10Writing Tips
EIC Accelerator Choosing an Acronym for the EIC Accelerator Grant (SME Instrument Phase 2) Posted on June 17, 2020October 9, 2020 The acronym of the EIC Accelerator grant (SME Instrument Phase 2 for European startups) can be viewed as an even more condensed version of the proposal which should give the reader a memorable indication of what the project is about. If the abstract (see: Abstract Guide) summarizes the proposal and… Read More
EIC Accelerator The Difference Between Innovation and Features (EIC Accelerator) Posted on January 17, 2020October 14, 2020 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… Read More
EIC Accelerator The Challenge with EIC Accelerator Open Calls: MedTech Innovations Dominate Posted on June 13, 2024June 13, 2024 The EIC Accelerator funding (grant and equity, with blended financing option) by the European Innovation Council (EIC) and European Commission (EC) provides funding in a variety of different ways. Startups and Small- and Medium-Sized Enterprises (SME) can choose between Challenge and Open Calls which present two different budget segments of… Read More