Industries & Companies

Accelerating EIC Accelerator Applications: The Advantages of Rasph Training for In-House Team Collaboration

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Introduction For startups and SMEs aiming to apply for the EIC Accelerator, the Rasph training program offers a strategic advantage. By equipping an in-house team with the necessary skills and knowledge, the program enables companies to write their applications collaboratively and efficiently. This approach can often lead to a faster final result compared to relying … Read more

Balancing Scale and Quality: The Challenges Faced by Large EIC Accelerator Consultancies

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Introduction In the realm of EIC Accelerator applications, the largest consultancies often face a paradoxical challenge: maintaining high-quality services while managing a vast pool of freelance writers. This article examines how the scale of operations in these consultancies can impact quality control and the implications of their need to take on a broad range of … Read more

The High Workload Challenge: Navigating Diverse Templates and Requirements in Grant Applications

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Introduction For startups and SMEs applying for various grant programs, such as the EIC Accelerator and others within the European Union (EU), the variance in templates and requirements can be a major source of workload and complexity. This article examines how these differences affect applicants and offers strategies to efficiently manage the diverse documentation demands. … Read more

Navigating Uncertainty: The Challenge of Inconsistent Deadlines in Grant Applications

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Introduction The application process for grants, particularly in programs like the EIC Accelerator, is fraught with complexities. One significant challenge that applicants face is the inconsistency in the number and timing of deadlines. This article delves into how such irregularities create uncertainty and the strategies applicants can adopt to mitigate these challenges. The Impact of … Read more

Navigating the Maze: The Rise of the Consultancy Ecosystem in the Grant Industry

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Introduction The grant industry, particularly for programs like the EIC Accelerator, is characterized by its complexity and uncertainty. These factors have given rise to a substantial consultancy ecosystem, designed to bridge the gap between grant agencies and applicants. This article explores how this ecosystem operates and its significance for startups and SMEs navigating the grant … Read more

The Essential Role of Consultancies in Leveling the Playing Field for DeepTech Companies in EIC Applications

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Introduction The European Innovation Council (EIC) operates in a landscape where the intricacies of grant applications can be daunting, especially for DeepTech companies. The presence of a robust consulting ecosystem is not just beneficial but essential in this context. It plays a critical role in leveling the playing field, ensuring that companies with groundbreaking technologies … Read more

The Misleading Path of EIC Accelerator’s Step 2: Understanding the Shift in Evaluation Focus for Step 3

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Introduction: The Dichotomy between Steps 2 and 3 in EIC Accelerator Evaluations The European Innovation Council (EIC) Accelerator’s application process is a rigorous and multi-staged journey, culminating in the final and crucial Step 3 – the interview phase. A closer examination of the evaluation process reveals a significant shift in focus between Step 2 and … Read more

Navigating the Changing Tides of EIC Accelerator Applications: A Guide to Keeping Up with Template and Process Updates

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The European Innovation Council (EIC) Accelerator program, a cornerstone of support for startups and Small- and Medium-Sized Enterprises (SMEs), is known for its dynamic approach to fostering innovation. However, this dynamism often translates into frequent changes in application templates and processes, leading to a challenging landscape for applicants. The constant updates, while aimed at improving … Read more

Understanding the EIC Accelerator’s Equity Financing: Co-Investment Requirements and the Element of Surprise

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The European Innovation Council (EIC) Accelerator’s approach to equity financing involves a critical element that often catches applicants by surprise: the requirement for co-investment. This aspect, coupled with the removal of the non-bankability criterion from the EIC Accelerator’s evaluation process, presents a unique challenge for companies seeking funding. Co-Investment: A Key Requirement The EIC Accelerator’s … Read more

Navigating the EIC Accelerator’s Equity Due Diligence: A Lengthy Journey Through Bureaucratic Delays

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The European Innovation Council (EIC) Accelerator is a significant funding mechanism for startups and SMEs, providing not just grants but also equity investments. However, the equity component, managed by the EIC Fund, has been subject to various challenges, including prolonged due diligence processes and bureaucratic delays. This article delves into the intricacies of these issues … Read more

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