Discover our blog about the EIC ! Dive into the exciting world of disruptive innovations and groundbreaking projects funded by the EIC. We'll bring you fresh insights about the programs and the usual methods of the EIC. Send us a message here if you have any question.
Articles about the EIC
Know everything about the EIC
The European Innovation Council (EIC) is a European Union initiative that supports innovative projects and companies in their efforts to bring new products and services to the market. It was established in 2017 as a pilot program within the Horizon 2020 research and innovation funding program, and has since become a standalone program with its own budget. The EIC aims to bridge the gap between research and the market, by providing funding and support to innovative projects and companies at all stages of development. It offers a range of funding opportunities, including grants, equity financing, and risk finance instruments, to help companies bring their innovative ideas to market. One of the key features of the EIC is its focus on high-risk, high-impact projects. It is designed to support projects that may be too risky for traditional investors, but have the potential to bring significant benefits and disruptive innovations to society. In addition to financial support, the EIC also provides access to a range of services and resources to help companies succeed. These include mentoring and coaching from experienced entrepreneurs, access to networks and business partners, and help with finding and securing funding from other sources. To be eligible for EIC funding, projects and companies must meet certain criteria, including demonstrating a high level of innovation and a clear plan for commercialization. The EIC is particularly interested in supporting projects in the fields of clean energy, digital technologies, and health, but also considers proposals from other sectors. The EIC has already supported a number of successful projects and companies, including the development of new energy storage technologies, the creation of innovative digital platforms, and the development of new treatments for diseases. Overall, the European Innovation Council is an important source of support for innovative projects and companies in Europe. It helps bridge the gap between research and the market, and provides the financial and support resources needed to bring new ideas to life.
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Choosing the Right Program: A Guide to EIC Pathfinder, Transition, and Accelerator
The European Innovation Council (EIC) and European Commission (EC) offer various funding programs to Small- and Medium-Sized Enterprises (SME) and startups, one of which is the EIC Accelerator funding. This program provides a maximum of €2.5 million in grant and €15 million in equity financing per project, with applications typically supported by consultants, writers or freelancers. However, there are alternative funding options available under the EIC framework.
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Composite sketch of a winner of the EIC Accelerator
The EIC Accelerator blended financing, formerly known as SME Instrument Phase 2, provides grant and equity funding for small and medium-sized enterprises (SMEs) and startups in Europe. The provided funding can reach up to €17.5 million per project, and there are consultants available to help assess the project's chances of success and submit the proposal. Here are five key areas that can make a project stand out and increase its chances of receiving funding.
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EIC Accelerator for beginners
The EIC Accelerator is a funding instrument provided by the European Commission and the European Innovation Council to support startups and SMEs in Europe.
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EIC Accelerator Interview : Insights and Tips
The EIC Accelerator blended financing, formerly known as SME Instrument Phase 2, grant and equity financing, offered by the European Innovation Council (EIC) and European Commission, provides a valuable opportunity for non-bankable and disruptive startups to secure government funding. However, the 3-stage application process is highly competitive, and the final stage involves an in-person interview with a jury. To support the preparation of SMEs, this article presents an overview of the types of questions they may encounter during the interview.
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Factors to Consider Before Applying to the EIC Accelerator Grant
The EIC Accelerator is a grant financing program that provides Small and Medium-Sized Enterprises (SMEs) and startups with up to €2.5 million in grants and €15 million in equity financing per project. The program aims to support startups and spinout companies to develop and scale up game-changing innovations. While the EIC Accelerator sets out clear guidelines for applicants, the general criteria can be quite vague, making it difficult for companies to determine if the program is suitable for them. In this article, we will explore the reasons why certain companies may not be suitable for the EIC Accelerator program and should consider alternatives.
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How to Prepare for an EIC Accelerator Pitch Interview
The EIC Accelerator pitch interviews have become an essential part of the evaluation process for blended financing. Understanding the importance of commercialization and having a solid go-to-market strategy is crucial when facing a jury primarily composed of Venture Capitalists (VC) and angel investors. In this article, we will explore the steps to take before the interview and discuss how to facilitate a successful EIC Accelerator pitch interview.
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The Resubmission Process: the EIC Accelerator Journey
The EIC Accelerator, once a straightforward avenue for startups and SMEs to secure substantial funding, has evolved into a more intricate program. With significant changes introduced by the European Innovation Council (EIC) and European Commission (EC), it's crucial for innovative business owners to grasp the resubmission mechanisms of the application process.
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The EIC Accelerator: Embracing Disruption and Navigating Risk
In this discussion, we delve into the intricacies of shaping a project seeking funding through the EIC Accelerator, an initiative driven by the European Commission (EC) and European Innovation Council (EIC). Designed to cater to Small- and Medium-Sized Enterprises (SMEs) and startups, often with the support of freelancers, professional writers, or consultants, the EIC Accelerator offers a blend of grants and equity financing options, with an enticing potential of up to €2.5 million in grant and €15 million in equity financing per project (€17.5 million in total).
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