Andriotto Financial Services

How can AFS consulting services help you craft a successful EIC Accelerator proposal

Every start-up that needs funding and investment to develop its project has its best shot with the EIC Accelerator. This article shows how AFS consulting services help you craft a successful EIC Accelerator proposal.   So, let’s begin with a brief explanation about the EIC Accelerator.   What is the EIC accelerator? The EIC Accelerator… Continue reading How can AFS consulting services help you craft a successful EIC Accelerator proposal

The meaning of Technology Readiness Level (TRL)

The TRL (acronym for Technology Readiness Level) is a method employed to understand the maturity of technologies during the acquisition phase of a programme. It enables consistent and uniform discussions across different types of technologies, allowing precise development follow-up. The TRL spans from Level 1 to Level 9, which is the most mature stage. In 2010, the European… Continue reading The meaning of Technology Readiness Level (TRL)

EIC Accelerator’s eligibility criteria for start-ups and SMEs

This article presents the EIC Accelerator’s eligibility criteria used as cut-off point to receive funding requests from companies. Small and medium-sized enterprises (SMEs) represent 99% of all businesses in the European Union. They are the driving disruptive mechanism for innovative solutions and a digital sustainable economy. SMEs are leading the revolution to tackle challenges like… Continue reading EIC Accelerator’s eligibility criteria for start-ups and SMEs

The secret sauce to writing a successful grant proposal: 6 tips to achieve the European Innovation Council excellence

Every project is unique on its weaknesses and strengths. This article gives six tips for writing a successful grant proposal, in particular for submission to the European Innovation Council (EIC).   The EIC Accelerator is one of the most competitive and advantageous funding programmes now available. All the innovation aspects of your proposal will be… Continue reading The secret sauce to writing a successful grant proposal: 6 tips to achieve the European Innovation Council excellence

First Round of EIC Accelerator Programme

The first round launched at the end of 2019. It backed small and medium firms with breakthrough ideas. This accelerator initiative funded selected businesses. Grants up to €2.5 million and financing up to €15 million were available. Non-refundable grants had a fast process while equity required more review before awards. The 6th of January the… Continue reading First Round of EIC Accelerator Programme

Funding Opportunies with EIC Accelerator

Funding opportunies with EIC Accelerator provide a great source of support for innovative European companies. The EIC Accelerator is a pilot project under the European Innovation Council. It aims to drive growth by funding risky, promising startups and small firms. It offers funding to support innovators, entrepreneurs, SMEs as well as high-level scientists developing breakthrough… Continue reading Funding Opportunies with EIC Accelerator

Individual Evaluation Report (IER) to assess the EIC Proposal

Individual Evaluation Report or IER is the model on which the evaluation of the individual proposal dedicated to the EIC Accelerator is based.  Basically, the European Innovation Council has prepared an evaluation grid based on 5 main applications: Operational Capacity, Sub-contracting, Technical Readiness Level (TRL), Use of embryonic stem cells (hESC) and Scope of the… Continue reading Individual Evaluation Report (IER) to assess the EIC Proposal

Work Packages in EIC Horizon Applications

When it comes to EIC Horizon project, the concept of work packages is central. Work packages provide important information when preparing the Horizon Project Proposal and budget and project evaluators assess them as a key area. What is Work Package? A work package is the smallest unit of a Work Breakdown Structure. When preparing a… Continue reading Work Packages in EIC Horizon Applications

TRL in the EIC Accelerator and its Importance

EIC Accelerator helps you develop your business concept further into a market-ready product, service or process aligned with your company’s growth strategy. Activities could include trials, prototyping, validation, demonstration and testing in real-world conditions, and market replication. The suitable Technology Readiness Level (TRL) for projects requesting only grants in the EIC Accelerator is 6-8. Projects… Continue reading TRL in the EIC Accelerator and its Importance

Key to EIC Success with Proposals

Being concise, yet effectively communicating operational capacity, is key to EIC success. Word limits on proposals require applicants to cover all points succinctly within established parameters on the submission platform. The applicant organization and partnered groups must possess the ability to carry out the proposed project. Proposals need to demonstrate this operational capacity through factual… Continue reading Key to EIC Success with Proposals