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 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 How to Craft an EIC Accelerator Rebuttal: Explaining Grant Proposal Resubmissions Posted on April 5, 2023April 5, 2023 The EIC Accelerator by the European Commission (EC) and European Innovation Council (EIC) awards up to €2.5 million in grant and €15 million in equity financing per project (€17.5 million total). Startups and Small- and Medium-Sized Enterprises (SME) often rely on consultants, professional writers or freelancers to support them in… Read More
EIC Accelerator EIC Accelerator Budget Retrospectively Increased By €150m due to COVID-19 Posted on April 30, 2020October 9, 2020 It has today been announced that the budget for the March 20th cut-off for the EIC Accelerator has been increased retrospectively. This has been decided due to the record number of applications received (almost 4,000 instead of the usual ~1,900) and the EU’s push towards applicants to present COVID-19 related… Read More