You’re interested to secure funding without giving away equity? The European Union allocated €3 billion until 2020 for innovative startups and SMEs. The programme is looking to support breakthrough, high-risk – high potential innovation to help them reach the market and compete on the international level. The “SME Instrument Phase 1” grants €50,000 and the “SME Instrument Phase 2” provides funding from €500,000 up to € 2.5 million for innovation projects underpinned by a sound and strategic business plan.
You may think the success rate for applying for EU funding might be too low, but not if you work with the right experts. With over 30 startups funded in the last year alone, EU Startup Services can design a funding strategy tailored to your development schedule and positioning – using a combination of funding schemes to lower the risk, maximise the number of submissions and placing all odds on your side.
Their complementary services include Feasibility Reporting, Business Plan Review, Patentability Assessments, Freedom to Operate Analyses and Privacy Positioning (GDPR). This enables them to design a proposal which fulfils the most demanding requirements. In addition, EU Startup Services provides startups that are eligible for EU funding also with some personal introductions to Business Angels and VCs. As the team of EU Startup Services is reviewing dozens of business plans each day, they are uniquely positioned to make strategic introductions to complement public funding.
EU Startup Services is the leading funding consultancy in Brussels for startups. Their expertise on EU funding schemes includes the Horizon 2020 SME Instrument Phase 1 and 2, Fast Track to Innovation (FTI) and Eurostars.
Do you want to check if your startup might have a chance to receive EU funding? Submit the free eligibility check by filling out the form below: