What Types of Companies Have Received Funding?

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