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
Introduction The journey to secure non-dilutive grant funding through the European Innovation Council’s (EIC) Accelerator program is undoubtedly long and challenging. Despite the daunting process, avoiding the opportunity to apply is a misstep for startups and Small- and Medium-Sized Enterprises (SMEs). This article examines why, despite the arduous nature of the application process, the pursuit … Read more
Introduction In the realm of grant applications, particularly in programs like the European Innovation Council’s (EIC) Accelerator, there exists a significant asymmetry between the role of Artificial Intelligence (AI) in writing applications and its capacity to evaluate them. This article explores the dichotomy where AI can streamline the application writing process but falls short in … Read more
Introduction In the vibrant ecosystem of startup financing, non-dilutive grants emerge as a cornerstone, offering vital oxygen for innovation without the compromise of equity loss. This article navigates through the labyrinth of non-dilutive financing, emphasizing its importance for startups and Small- and Medium-Sized Enterprises (SMEs), especially within the context of the European Innovation Council’s (EIC) … Read more
Introduction In the bustling corridors of innovation and entrepreneurship, the European Innovation Council’s (EIC) Accelerator program stands out as a beacon of support for startups and Small- and Medium-Sized Enterprises (SMEs). By offering a combined package of up to €17.5 million in grants and equity financing, the EIC Accelerator has become a pivotal player in … Read more
Imagine you could simply generate an entire EIC Accelerator application based on a single company file and a few prompts. ChatEIC, a custom AI based on GPT-4, is able to do exactly just that. EIC Accelerator Modules The EIC Accelerator Training Program utilizes a Module-based approach to grant writing where specific sections are combined into … Read more
Introduction In the dynamic and competitive realm of startup funding, particularly within the European Innovation Council’s (EIC) Accelerator program, the role of expert writers, consultants, and freelancers transcends mere documentation. Their expertise in navigating the complexities of the official proposal template and their strategic narrative crafting are pivotal in securing non-dilutive grants and equity financing … Read more
In 2021, the EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity) has completed its first year under the new application framework (read: Application Process). With 2 cut-offs in 2021 (June and October), it presented a steep learning curve for Small- and Medium-Sized Enterprises (SME), professional writers and the European Innovation Council … Read more
The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity) has made significant changes in 2021 and has successfully passed its first submission- and approval-cycle for new beneficiaries (read: Re-Inventing the EIC Accelerator). Out of over 1,500 startups and Small- and Medium-Sized Enterprises (SME) that have applied since April 2021 (read: AI … Read more
The EIC Accelerator blended financing (formerly SME Instrument Phase 2, grant and equity) has introduced a new stage to the application process in 2021 which acts as a mini-proposal termed Step 1 (read: Re-Inventing the EIC Accelerator). It includes materials such as a written grant application, a video pitch and a pitch deck which must … Read more
