The Numbers Game in the EIC Accelerator: Tackling Randomness in Evaluation

Introduction Securing funding from the European Innovation Council’s (EIC) Accelerator program is often likened to a numbers game. This perception stems from the inherent randomness in the evaluation process, making precise prediction of successful applicants a challenging task, even for expert consultants. This article explores why increasing the number of applications is seen as a … Read more

The Road to Success: The Necessity of Applicant Training and Detailed Templates

Introduction Securing funding through competitive programs like the European Innovation Council’s (EIC) Accelerator is a challenging endeavor that often requires more than just a groundbreaking innovation. Applicants, particularly startups and Small- and Medium-Sized Enterprises (SMEs), need robust training programs and more detailed templates to enhance their chances of success. This article explores the need for … Read more

The Grant Template Challenge: Catering to Diverse Technology Readiness Levels

Introduction Crafting a grant template that effectively accommodates startups and Small- and Medium-Sized Enterprises (SMEs) at various stages of technological development is a complex task. This article delves into the challenges associated with creating a one-size-fits-all grant application template for companies operating at different Technology Readiness Levels (TRLs), such as TRL5 or TRL8, within the … Read more

The Luck Factor: Navigating Complexity in Grant Applications

Introduction In the competitive and intricate world of grant funding, particularly within the European Innovation Council’s (EIC) Accelerator program, the role of luck is becoming increasingly pronounced. As startups and Small- and Medium-Sized Enterprises (SMEs) vie for significant funding like the EIC Accelerator’s total financing of up to €17.5 million, the growing complexity of the … Read more

The Inevitable Disruption: AI’s Role in Reshaping the EIC’s Investment in Innovation

Introduction The European Innovation Council (EIC), a beacon of support for startups and Small- and Medium-Sized Enterprises (SMEs), is not immune to the disruptive forces of Artificial Intelligence (AI). Known for investing in disruptive innovation, the EIC itself is bound to be revolutionized by AI, altering the landscape of funding, evaluation, and technological advancement. AI … Read more

The Confusion Conundrum: Why Applicants Turn to Consultants for Grant Applications

Introduction Navigating the labyrinth of official application guidelines for grant programs, such as the European Innovation Council’s (EIC) Accelerator, can be a daunting task for startups and Small- and Medium-Sized Enterprises (SMEs). This complexity often leads applicants to seek the expertise of consultants even before attempting the process themselves. This article discusses the reasons behind … Read more

The Pitfalls of Large Writing Teams in Grant Applications

Introduction The grant application process, particularly for prestigious programs like the European Innovation Council’s (EIC) Accelerator, is a complex task often undertaken by large writing teams. However, this approach can inadvertently hinder the application’s effectiveness, primarily due to the diffusion of responsibility among team members. The Challenge of Diffused Responsibility In large writing teams, no … Read more

The Illusion of Ease: Expert Consultancy and Success in the EIC Accelerator

Introduction Success in the European Innovation Council’s (EIC) Accelerator program can often be misconstrued as an easy feat, especially for those working with expert consultancies. However, this perception belies the reality of the program’s extreme selectiveness and low success rates, which are typically below 5%. The Role of Expert Consultancies Expert consultancies play a pivotal … Read more

The EIC Proposal Paradox: Length vs. Substance in Grant Applications

Introduction A curious paradox exists in the realm of grant applications for the European Innovation Council’s (EIC) Accelerator program. While the EIC generally recommends submitting concise, shorter proposals, it’s often observed that longer proposals, packed with extensive information, tend to perform better. This article examines this phenomenon and its implications for startups and SMEs. The … Read more

The Grant Writing Paradox: Balancing Business Commitment with Proposal Development

Introduction In the competitive world of grant funding, particularly for programs like the European Innovation Council’s (EIC) Accelerator, there exists a paradoxical expectation for applicants. On one hand, they are required to spend months meticulously crafting proposals, and on the other, they are expected to remain 100% committed to their business operations. This article explores … Read more

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