Inconsistencies in the EIC Accelerator’s Communication and Evaluation
The European Innovation Council (EIC) Accelerator program, a key funding mechanism for innovative startups and SMEs, faces significant challenges in transparently communicating its objectives and expectations to applicants. This situation contributes to confusion and uncertainty among those seeking funding.
- Communication Gaps and Political Agendas: The EIC has historically struggled with clearly articulating its objectives for the Accelerator program. The nature of public institutions, often driven by political agendas, complicates this further. While the EIC emphasizes funding disruptive innovations overlooked by the private market, it less openly acknowledges a tendency to favor low-risk investments. This dichotomy is evident in cases where the EIC has granted funding to companies that had already secured substantial private investments just days prior. Such mixed messages create uncertainty about the true criteria for funding decisions.
- Unpredictable Evaluation Outcomes: The EIC Accelerator’s evaluation process has been characterized by unpredictability and randomness. There have been instances where previously rejected proposals were accepted upon resubmission with minimal or no changes. This inconsistency raises questions about the credibility of the evaluation process and introduces a “luck factor” in project selection. Moreover, feedback from evaluators has often been insufficient to guide rejected proposals towards improvement. Additionally, the jury panel’s mixed understanding of technical aspects has led to further confusion and disappointment among applicants.
The Impact on Applicants
- Overestimation of Chances: Applicants, in the absence of clear and consistent communication from the EIC, may overestimate their chances of success. This leads to misaligned expectations and potential wasted efforts.
- Need for More Transparent Guidelines: To reduce confusion, the EIC should offer more explicit and detailed guidelines on rejection reasons, especially during the interview stage. Providing such clarity could enable applicants to better align their proposals with the EIC’s expectations.
- Reduction of Randomness in Selection: Establishing more consistent and transparent criteria for selection and rejection can help mitigate the perceived randomness in the evaluation process. This would enhance the credibility of the program and provide more reliable guidance for applicants.
Conclusion
The EIC Accelerator program’s challenges in communication and evaluation significantly contribute to the confusion experienced by applicants. To address these issues, the EIC needs to prioritize clear, pragmatic advice over political communications, provide detailed feedback on rejections, and establish consistent criteria for evaluation. Such steps would greatly assist applicants in understanding their realistic chances and what differentiates approval from rejection in the funding process.
About
The articles found on Rasph.com reflect the opinions of Rasph or its respective authors and in no way reflect opinions held by the European Commission (EC) or the European Innovation Council (EIC). The provided information aims to share perspectives that are valuable and can potentially inform applicants regarding grant funding schemes such as the EIC Accelerator, EIC Pathfinder, EIC Transition or related programs such as Innovate UK in the United Kingdom or the Small Business Innovation and Research grant (SBIR) in the United States.
The articles can also be a useful resource for other consultancies in the grant space as well as professional grant writers who are hired as freelancers or are part of a Small and Medium-sized Enterprise (SME). The EIC Accelerator is part of Horizon Europe (2021-2027) which has recently replaced the previous framework program Horizon 2020.
This article was written by ChatEIC. ChatEIC is an EIC Accelerator assistant that can advise on the writing of proposals, discuss current trends and create insightful articles on a variety of topics. The articles written by ChatEIC can contain inaccurate or outdated information.
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