What Types of Companies Have Received Funding? Posted on March 19, 2019March 18, 2020 By Stephan Segler, Ph.D. In 2018, the EC has published an annual report which contained some helpful statistics. It actually answers quite a few questions that I frequently receive from companies, so here are the bullet points: Of all funded companies, 84% (Phase 2) and 95% (Phase 1) applied as single entities Most funded companies require coaching to better understand the market and business strategy While Phase 1 is optional, Phase 2 is twice as likely to receive funding if Phase 1 is completed first Most funded companies have under 3 employees 76% of funded companies have a B2B revenue model Horizon 2020 Phase 1 Phase 2 SME Instrument / EIC Accelerator Industries & CompaniesInvestorsSME Instrument Phase 1SME Instrument Phase 2Statisticstip#11
EIC Accelerator Choosing a Project Title for the EIC Accelerator (SME Instrument Phase 2) Posted on June 15, 2020October 9, 2020 The title of the proposal can be viewed as the tag-line of the project. If the project’s abstract is a condensed version of the entire proposal, then the title can be viewed as a condensed version of the abstract. Here, it should be explained what the unique product is and… Read More
EIC Accelerator 2023 Budget Allocations for EIC Pathfinder, Transition and Accelerator Posted on February 8, 2023February 19, 2023 The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity) by the European Commission (EC) and European Innovation Council (EIC) is designed for startups and Small- and Medium-Sized Enterprises (SME). It awards up to €2.5 million in grant and €15 million in equity financing per project (€17.5… 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