Taking you to the frontier: the popular funding scheme for SMEs revamped
European Commission shifts into high gear in its popular funding scheme for small and medium-sized enterprises. Preparing for Horizon Europe, the upcoming ninth framework programme for funding innovation, the European Innovation Council is rolling out the Accelerator Pilot during 2019 and 2020. Combining grant and equity funding, the EIC Accelerator Pilot replaces the SME Instrument Phase II with its first cut-off on October 9th. The SME Instrument Phase I, the 50,000 € grant for a feasibility study, will no longer be available after the September 5th cut-off.