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Segler Consulting

What Types of Companies Have Received Funding?

March 19, 2019 • By Stephan Segler, PhD
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

 


 

These tips are not only useful for European startups, professional writers, consultants and Small and Medium-Sized Enterprises (SME) but are generally recommended when writing a business plan or investor documents.

Deadlines: Post-Horizon 2020, the EIC Accelerator accepts Step 1 submissions now while the deadlines for the full applications (Step 2) under Horizon Europe are:

EIC Accelerator Step 1 Deadline 2025

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EIC Accelerator Step 2 Deadline 2025

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EIC Accelerator Step 2 Deadlines: March 12th 2025 and October 1st 2025

EIC Accelerator Step 3 Deadline 2025

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EIC Accelerator Step 3 Interview Dates: Week of June 2nd 2025 and January 2026

 

The Step 1 applications must be submitted weeks in advance of Step 2. The next EIC Accelerator cut-off for Step 2 (full proposal) can be found here. After Brexit, UK companies can still apply to the EIC Accelerator under Horizon Europe albeit with non-dilutive grant applications only - thereby excluding equity-financing.

Contact: You can reach out to us via this contact form to work with a professional consultant.

AI Grant Writer: ChatEIC is a fully automated EIC Accelerator grant proposal writer: Get it here.

EU, UK & US Startups: Alternative financing options for EU, UK and US innovation startups are the EIC Pathfinder (combining Future and Emerging Technologies - FET Open & FET Proactive) with €4M per project, Thematic Priorities, European Innovation Partnerships (EIP), Innovate UK with £3M (for UK-companies only) as well as the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants with $1M (for US-companies only).

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