Segler Consulting

Frequently Asked Questions

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How should I use color to organize my proposal?

Use your main color to help readers navigate the proposal. It should clearly differentiate between sections and subsections. However, ensure the color doesn't overshadow the headers or make them difficult to find.

What opacity should I use for my watermarks?

Keep the opacity of your watermarks very low, ideally between 2-7%. This ensures they are subtle and don't distract from the main content of your proposal. The watermark should enhance, not overshadow, the text.

How can I ensure my proposal looks professional?

Use colors consistently throughout the proposal, create custom images and tables, and use watermarks sparingly and subtly. Ensure all visuals are high-quality and relevant to the text. These elements contribute to a polished and professional appearance.

What kind of visual materials are helpful to provide?

Any visual aids that showcase your project or company are beneficial. This includes pictures, links to relevant videos, your website address, a list of previous clients, any publications you've been featured in, and any awards you've received.

What kind of financial projections are you looking for?

We need financial projections that demonstrate the potential profitability and sustainability of your project. This includes projected revenue, expenses, and cash flow. The level of detail required will depend on the nature and scope of your project.

How long is the initial video call and what will we discuss?

The first video call typically lasts between 2 to 2.5 hours. During this call, we'll delve into the core aspects of your project, including innovation, target market, customer base, potential challenges, financial forecasts, and your overall business model.

What if I don't have all the information you request?

Don't worry if you don't have everything immediately available. We can discuss any gaps during our initial call and work together to gather the necessary information. Our goal is to help you create a strong and compelling proposal.

How do I send you the documents and visual materials?

The specific method for sending documents and visual materials will be discussed after our initial video call. We'll determine the most secure and efficient way to transfer the files, ensuring the confidentiality of your information.

Do I need to have a signed contract before the initial video call?

No, a signed contract is not required before the initial video call. The purpose of the call is to discuss the project details and determine if we are a good fit for each other. The NDA is the only document required beforehand.

What are Letters of Support and why are they important?

Letters of Support (LOS) are statements from interested customers, influential supporters, suppliers, institutions, or regulatory agencies. They demonstrate external validation and support for your project, significantly strengthening your proposal's credibility.

What's the first step in working with you on a proposal?

The initial step involves signing a Non-Disclosure Agreement (NDA) to protect sensitive information. This happens before our first video call and the NDA details will be sent to you via email for review and signature. This ensures confidentiality for both parties as we discuss your project.

What's considered a 'high-quality' proposal, and how does it affect my chances?

A high-quality proposal is one that meets or exceeds the general funding threshold based on the evaluation criteria. When considering only high-quality proposals, the success rates increase dramatically, ranging from 28% to 100% depending on the topic.

Where can I find more information on how to improve my chances of getting funded?

The blog post mentions an article titled 'How To Improve Your Chances of Getting Funded'. Refer to that resource for detailed guidance on strengthening your proposal and increasing your likelihood of success in securing government funding.

Is it worth applying to a highly competitive topic like 'Open Disruptive Innovation'?

While Topic 01 (Open Disruptive Innovation) is known to be highly competitive, it can still be a worthwhile topic for application if your project aligns perfectly with its goals and you have a strong, innovative proposal. Don't be discouraged by the competition if you believe your project is a good fit.

What's the overall average success rate for getting funded?

Across all applications, the success rate for receiving funding ranges from 0% to 21%, with an average success rate of about 9%. However, focusing on submitting a high-quality proposal significantly increases your chances.

Are the 2015 statistics still relevant for current applications?

Yes, the 2015 data can serve as a general guide for choosing a topic, even for current applications. The topics have largely been continued in subsequent years with minor differences. Use the 2015 data to identify less competitive areas.

What was the average success rate for Phase 1 proposals in 2015?

In 2015, the November cut-off statistics showed that 175 Phase 1 proposals were funded out of 2057 applications. This resulted in an average success rate of approximately 8.5%. However, this rate varied considerably depending on the specific topic.

Which SME Instrument topics had the highest success rates?

Based on the analysis, Topic 09 (Low-Carbon and Efficient Energy), Topic 07 (Agri-Culture, Food and Bio-Based Sectors), and Topic 06 (Health, Well-Being and Ageing Well) were among the most promising topics for applications based on past success rates.

If my proposal scores well but is still rejected, what could be the reason?

Even with a high score, proposals can be rejected due to budget limitations or the competitiveness of the topic. Make sure to research the specific topic thoroughly and tailor your proposal to address its priorities effectively to maximize your chances.

How much does the budget influence my chances of getting funded?

The budget allocated to each topic is a significant factor. While a larger budget might seem more appealing, it's important to consider the number of applicants. Aim for a topic with a relatively high budget but not so 'crowded' that your chances are significantly reduced.

Does the EU fund biotechnology SMEs?

Yes, there's dedicated support for biotechnology SMEs to bridge the gap from lab to market. SMEs working in industrial biotechnology or using systems and/or synthetic biology are encouraged to apply. The focus is on translating innovative biotech ideas into commercially viable products and services.

Can SMEs get funding for transport and smart city innovations?

Yes, the EU provides funding for small business innovation research in transport and smart cities mobility. This supports SMEs in delivering innovations for sustainable and smarter mobility, better accessibility, and logistics. The goal is to foster economic growth through SME contributions to urban transportation and smart city solutions.

What kind of 'blue growth' projects are funded?

The EU supports SMEs contributing to the 'Blue Growth Strategy' through innovative solutions. This includes marine biotechnology, fisheries, marine and freshwater aquaculture, and marine litter prevention. The goal is to foster sustainable growth in the marine and maritime sectors through SME innovation.

Is there funding for ICT solutions related to health and aging?

Yes, funding is available to accelerate the market introduction of ICT solutions for health, well-being, and aging well. The goal is to bridge the gap between research results and market uptake of relevant ICT products and services. This aims to improve the availability and adoption of ICT solutions for health and aging populations.

Is there funding for SMEs involved in space research?

Yes, the EU provides funding to engage SMEs in space research and development. This includes applications related to Galileo and Copernicus, spinning-in terrestrial solutions to space challenges, and developing critical space technologies. The goal is to foster SME participation in the space sector.

Are there funding opportunities for SMEs in the energy sector?

Yes, funding is available to stimulate the innovation potential of SMEs for a low-carbon and efficient energy system. This includes projects focused on reducing energy consumption, low-carbon electricity supply, alternative fuels, smart electricity grids, and new energy technologies. The aim is to support SMEs in developing innovative energy solutions.

Does the EU support SMEs in agriculture and bio-based sectors?

Yes, funding is available to stimulate the innovation potential of SMEs for sustainable and competitive agriculture, forestry, agri-food, and bio-based sectors. This supports SMEs in developing resource-efficient solutions for safe, healthy food and bio-based products. It also fosters sustainable primary production systems and low-carbon supply chains.

Can healthcare biotechnology SMEs receive funding?

Yes, there is funding available for innovative SMEs in the healthcare biotechnology sector. This includes support for clinical research validating biomarkers and diagnostic medical devices, as well as cell technologies in medical applications. The aim is to advance healthcare solutions through SME innovation.

Can I get funding for nanotechnology or advanced materials?

Yes, funding is available to accelerate the uptake of nanotechnologies, advanced materials, or advanced manufacturing and processing technologies by SMEs. The aim is to combine existing research results creatively, transfer knowledge across sectors, and accelerate innovation to generate profit or other benefits.

What key elements should I include in my EIC Accelerator project title?

Your title should highlight the unique selling points (USPs) of your product, clearly identify the product itself, and indicate the expected impact on the industry or Europe. Use descriptive adjectives to showcase what makes your product stand out.

Should the project title match the acronym I choose for the project?

While not mandatory, a project title that aligns well with the acronym can create a more cohesive and memorable brand for your project. Consider how the acronym and title can complement each other.

How can I ensure my project title is unique and stands out from the competition?

Thoroughly research existing projects in your field to identify gaps and opportunities. Emphasize the novel aspects of your technology and its specific advantages over existing solutions in your project title.

Is there a limit to the length of the project title?

While not explicitly stated, aim for a concise and impactful title. Shorter titles are generally easier to remember and understand. Focus on clarity and conveying the essential information efficiently.

Should the project title be technical or more focused on the business impact?

It should be a balance of both. While highlighting the technical aspects (USPs) is important, clearly stating the broader business or societal impact is crucial for demonstrating the value and relevance of your project to the EIC.

How important is the project title compared to the rest of the proposal?

The title is extremely important as it's often the first thing evaluators see. A strong title can create a positive first impression and encourage them to delve deeper into your proposal. It sets the stage for your entire application.

Where can I find examples of successful project titles for EIC Accelerator proposals?

You can find examples of successful abstracts, titles, and acronyms in the Community Research and Development Information Service (CORDIS) database and on the EIC Accelerator call page. These resources offer valuable insights.

Is there a specific structure or template I should follow for my project title?

While there isn't a mandatory structure, a helpful template includes an introduction (e.g., "The first"), followed by adjectives describing the product, the product noun, its USPs, and finally, the broader impact. This provides a clear and compelling narrative.

What is the main purpose of the project title for an EIC Accelerator proposal?

The project title acts as a concise tagline, summarizing the core offering and its anticipated impact. Think of it as a condensed version of your abstract, immediately grabbing the evaluator's attention and conveying the essence of your project.

Does the EIC Accelerator really fund high-risk, disruptive projects?

While the EIC Accelerator aims to fund disruptive innovations, the reality is that projects with very high risk profiles are often less attractive to the EIC jury. They tend to favor projects with a medium risk profile and some level of market validation.

Is it a problem if my technology is complicated but my business model is simple?

Having a complicated and innovative technology coupled with a clear, proven, and simple commercial strategy is actually a good approach for the EIC Accelerator. The jury prefers simplicity and validation in the business model.

How important is market validation for the EIC Accelerator?

Extensive validation of both the technology and, especially, the business model is crucial for an EIC Accelerator application. The jury wants to see proof of customer interest and potential revenue streams.

What does the EIC Accelerator mean by 'patient capital'?

The EIC Accelerator uses the term 'patient capital' to describe funding for innovations that require a long timeframe before generating returns. These innovations often struggle to attract financing due to the extended period involved.

If I can't get funding anywhere else, will the EIC Accelerator fund me?

Based on experience, companies that are unable to obtain financing outside of the EIC Accelerator have a lower chance of success in the program. External validation is a positive signal.

What if my revenue stream is unproven or the market is new?

If your revenue stream is unproven, customer interest is uncertain, or the market is newly created, the EIC jury will likely be less interested in funding your project. They prefer projects with existing validation.

What kind of innovation is the EIC Accelerator looking for?

The EIC Accelerator seeks innovations building on scientific discovery or technological breakthroughs ('deep tech') that require significant funding over a long timeframe. These innovations often struggle to attract financing due to high risks and long timelines.

What is the EIC Accelerator program?

The EIC Accelerator, funded by the European Commission and European Innovation Council, provides grants and equity financing (up to €17.5 million total) to SMEs and startups. It targets disruptive innovations, particularly in the DeepTech space, to help them scale up.

What are the different steps in the EIC Accelerator evaluation process?

The EIC Accelerator evaluation process consists of three steps. Steps 1 and 2 focus on the innovation and technology aspects, while Step 3 interviews place a strong emphasis on financial and commercial validation.

What's more important for the EIC Accelerator, technology or business model?

While the technology should be innovative and complex, the EIC Accelerator places a strong emphasis on a clear, proven, and simple commercial strategy. A validated business model is crucial for securing funding.

Does recognition for my innovation actually help my chances?

Yes, definitely! Recognition through prices, awards, features in media outlets, or other forms of acknowledgement validates your innovation. It provides external proof of your project's potential and increases its attractiveness to evaluators.

What kind of background do the proposal evaluators have?

The evaluation panel typically consists of individuals with diverse backgrounds. Expect that roughly three out of four evaluators will have a business background, while only one will possess a technical or scientific background. Keep this in mind when framing your proposal to appeal to a broader audience.