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 Which Companies Should Not Apply to the EIC Accelerator (SME Instrument) – Part 2 Posted on December 18, 2020December 12, 2020 This article is a continuation of Part 1 and presents an exploration of criteria that could lead to the immediate dismissals of projects applying to the EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity financing) by the European Innovation Council (EIC) and the European Commission (EC)…. Read More
EIC Accelerator How the EIC Can Incentivise Shorter and Clearer Applications for the EIC Accelerator (SME Instrument Phase 2) – Part 2 Posted on December 14, 2020December 10, 2020 Information for readers: The following is a description of a proposed evaluation process but it does not, in any way, reflect the current way EIC Accelerator applications are evaluated. For this, please read this article. This article is a continuation of Part 1 and is followed by Part 3 and… Read More
EIC Accelerator Investing in Well-Funded Projects: How the EIC is Breaking its Own Rules (EIC Accelerator) Posted on January 30, 2023January 23, 2023 The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity) by the European Innovation Council (EIC) and European Commission (EC) awards up to €2.5 million in grant and €15 million in equity financing per project (€17.5 million total) to startups and Small- and Medium-Sized Enterprises (SME). It… Read More