Evaluations EIC SME Instrument

How are companies selected for funding? 

The EIC SME Instrument consists of two separate grant phases, both complemented by coaching and business acceleration services. Participants can apply to Phase 1 with a view to applying to Phase 2 at a later stage, or directly to Phase 2 if the idea has sufficient maturity and proven feasibility.

Evaluation criteria

All proposals are evaluated based on three award criteria:

  • Excellence: your project has high innovation potential and is beyond the state of the art. It has a strong added-value, it is viable and better than existing solutions.
  • Impact: your innovation meets a pressing need on European and global markets, it will generate revenue and create jobs and has an international dimension.
  • Implementation: your work plan is efficient and coherent with a realistic time-frame. Your team has hte technical and commercial competence to deliver.

Evaluations for Phase 1

In Phase 1, your proposal is evaluated remotely and scored by at least four expert-evaluators. The experts are carefully chosen to guarantee proposals are evaluated independently by experts with different profiles with expertise in for example technology a specific industry sector, business and finance.

Proposals are ranked in descending order and the best scores get funded until available budget is exhausted. Results for Phase 1 will be available at the latest after 2 months but on average it takes one month to get your results. All applicants are informed about the outcome through the Participant Portal with a letter and an Evaluation Summary Report (ESR).

Evaluations for Phase 2

In Phase 2 proposals are evaluated in two steps. In Step 1, proposals are evaluated remotely by four independent expert-evaluators with different profiles. Companies that pass the initial selection stage, will be invited to pitch their innovation projects in front of a panel of jury experts, consisting of private investors, business angels and other players in the innovation ecosystem. This Step 2 complements the existing paper based assessment in order to take full account of the personal qualities and motivations of the applicant innovators. 

The face-to-face interviews will be in English and last 30 minutes. Companies selected for the interview will receive a pitch document in the invitation to participate to the second step - a template will be attached to the invitation letter. At this stage around 50% of the companies will get selected for funding.

The list of jury members consists of around 15% business angels, 20% entrepreneurs, 20% venture capitalists, with other experts coming from larger corporates, innovation hubs and accelerators. The majority of the experts are women. The list of over 90 experts is regularly updated as new experts join the jury.

For Phase 2, applicants will receive results at the latest after 4 months. On average however, applicants are informed within 2 months.

For full details on the evaluation procedure read the guidelines for applicants.

List of EIC Jury Members

 

Name

Affiliation

Nationality

Kristin Aamodt

Managing Director Statoil Technology Invest

NO

Remi Alquier

President ID&SENSE; Toulouse Business School;  INNOV@ Invest

FR

Carlos Bártolo Co-founder and Chairman Glymt; Founder APBA ( Business Angel Association) PT

Pedro Alvarez Bretones

Partner Food Evolutions, Food Industry Changemaker

ES

Anna Amati

Founder and Owner META Group

IT

Marta Baptista

Innovation Manager at Beta-i - Association for the Promotion of Innovation and Entrepreneurship

PT

Ana Barjasic

Director at EBAN; Founder and CEO Connectology Investments; Global Entrepreneurship Network

HR

Brigitte Baumann Gervais

founder and CEO of Go Beyond Investing, ex-EBAN president

FR

Dr. Barak Ben-Avinoam Partner at Benhamou Global Ventures IL

Jonathan Berger

CEO at the Kitchen Food Tech Hub

IL

Larissa Best

LBAN; Executive Director Equilibre Luxembourg; serial entrepreneur; FJD (Young Directors Luxembourg)

LU

Claudia Blomgren-Hansen

Founder and Partner of LIFE SCIENCE PLUS Advokater, Denmark; former Director of Alliance Management, Global R&D at LEO Pharma

DE

Christine Bosse

Board member in international orientated companies (Allianz, TDC, BankNordik, Tele Greenland, Nunaoil, etc.)

DK

Csaba Bundik Partner at HATCH Ventures, Vice Chairman of CEEC, Business Angel HU

John B. Carrigan

Chief Scientist @ RebelBio Accelerator; Sean O Sullivan Ventures

IR

Andy Cars

CEO @ Seedcap AB

SE

Ricardas Cepas Chairman at Labas Ventures, USA LT

Dominique Chambas

Owner, founder and board member (TRF Retail, aldata, SQLI) 

FR

Lucia Chierchia

Managing Partner @ Gellify

IT

Dilek Dayinlarli

Managing Partner at ScaleX Ventures; Kauffman fellow

TR

Sara Paulina

De Oliveira Monteiro

Science and Technology Manager at the Navigator Company, Invited Jury at Start up Chile, Quadruple Helix Innovation Nexus Editor @Palgrave Macmillan

PT

Aletta Debernardi

Director Operations of the Netherlands eScience Center

NL

Muriel Desaeger

General Manager of Technology Trends Analysis, Toyota Motor Europe

BE

Patricia Dimond

COO Value Retail Management; IMD Switzerland; various C-level operating roles

UK

Kirsten Drejer

Co-founder and CEO of Symphogen; Board member Vækstfonden

DK

Javier Echarri

CEO EBN, former Secretary General EVCA/InvestEurope

ES

Aki Eldar Executive Chairman at Sixgill, entrepreneur, advisor to startups and mentor IL

Mar Eroles Navarro

President at Innovation Forum Barcelona

ES

Leo Exter

Chief Energizer at Hack Belgium; Founder @westartup

BE

Cristina Fanjul Alonso

Managing Director CEEI Asturias

ES

Emma Fau

Founder of EU Capital, Investor of Sofia Square, Founding Member Startup Europe Africa Network, Consultant Business Development of Princip.al, Independent Board Member of Business Angels Europe

BE

Carla Filotico

Partner at SpaceTec Partners

IT

Antonio Fonduca

Tech investor (venture capitalist & business angel), Board Director in numerous SMEs. Startup CEO. Industries: health tech and fintech. Head of Innovation, R&D & corporate venturing (BillerudKorsnäs, AstraZeneca, Brighter)

SE

Uli Fricke

CEO at FunderNation; Triangle Venture Capital Group; Invest Europe

DE

Maria Eugenia Girón

Corporación Financiera Alba; Executive Director IE Business School

ES

Angele Giuliano

CEO AcrossLimits & iSmart; Business Angel with Rising Tide & Go Beyond Investing; President Foundation for Women Entrepreneurs

MT

Daria Gołębiowska-Tataj

Founder and EO Tataj Innovation; World Economic Forum; ex-Governing Board EIT

PL

Franz-Werner Haas

Curevac AG

DE

Anna Hejka

Poland Growth Fund; MIT Technology Juror

PL

Søren Hejnfelt

CBDO @ Finestmedia; CEO @ Nordic 360, Startup Wise Guys Estonia

DK

 

Isabella Hermann-Schön

Managing Partner at Round2 Capital Partners

AT

Maria-Victoria Hernandez

Board and C-level executive for Telcos, ICT, BPO and Fintech business; Shareholder at Sequeris

FR

Janneke Hoedemaekers

Managing director MESA+ Institute for Nanotechnology (@UT) and High Tech Factory

NL

Kristin Hollung

Research Director, Food and Health at Nofima

NO

Anne Hovi Worsøe

Portfolio Manager at Bakken & Bæck; Angel Investor No Isolation Oslo; Co-funder Nordic Innovation House; CEO of the Norwegian Venture Capital Association

NO

Lina A. Huertas

Head of Technology Strategy for Digital Manufacturing, MTC - Manufacturing Technology Centre

UK/CO

Sue Hunter

Chairman of the Investment Committee at Frog Capital

UK

Barbara Imhof

Executive Board Member at Women in Aerospace Europe; Co-Founder and Managing Director LIQUIFER Systems Group

AT

Tatiana Issaeva

Managing Partner at Fluent Digital Capital

FI

Katarzyna Janocha

Board member at Centre for Innovation and Technology Commercialization Foundation (CIKT); Co-founder at Interne.st;

MIT Innovators under 35 Ambassador

PL

Ada Jonuse

entrepreneur Lympo, A.lot parking; PM screen group

LT

Sonja Jost

Board Member of the German Startups Association; CEO and Head of R&D, DexLeChem GmbH

DE

Nora Kaarela

Director & Head of Industry, Health and Wellbeing Finpro; several board positions

FI

Stavriana Kofteros

Co-Founder Start-up Cyprus; Global Entrepreneurship Network Cyprus Board; VP European Start-up Network; WEF European Digital Leaders; Angel investor

CY

Tanja Kufner

 Managing Director at Rainmaking Innovation;

Startupbootcamp Smart Transportation and Energy

DE

Magnus Graf Lambsdorff

Partner at Lakestar

DE

Giny Laroche

Partner The Impact Lab sàrl

LU

Patricia Layola Castro

Investment Manager & Co-founder at VICTORIA Venture Capital SCR-PYME S.A., Barcelona

ES

Anne Lebreton-Wolf

Business Angel, member of FBA and Finance teacher at IFAM and ISEG

FR

Valérie-Anne Lencznar

Managing Director Think Smart Grid

FR

Monika Lessl

VP Head of Corporate Innovation and R&D at Bayer AG

DE

Evert Jaap Lugt

Managing Director at YES!Delft

NL

Anna Maj

FinTech Advisor – CreativeLink, PayTech; Mentor - PwC Startup Collider; European Women Payments Network (EWPN)

PL

Ron Margalit Founding Partner at Venture Kinetics IL

Claire McHugh

Co-Founder and CEO Axonista

IE

Mary McKenna

Director Elemental-Software Derry, Entrepreneurship Expert Saïd Business School

UK

Gemma Milne

Co-Founder at Science: Disrupt; Freelance Tech and Science Journalist

UK

Zlatolina Mukova

Partner at NEVEQ Capital Partners; former Vice-Minister of Transport and Communications

BG

Madalina Nazare

Manager R&D Programmes at Digital Catapult

RO

Jan Petr Nekovář

Founder at UP21

CZ

Iris Öhrn

Investment Advisor Life Science/ Healthcare
Business Region Göteborg AB

SE

Florin Paun

Director Innovation Group at Akka Technologies; ex-Innovation Director Onera – The French Aerospace lab

RO/FR

Olivier Perrinot

Engineering Director at Gemalto

FR

René Reijtenbagh

Board Member of BAN Nederland, Vice President of Business Angels Europe; CEO of Business Angels Connect

NL

Philippe Richard

CEO at Pegase Croissance Accelerator; ex-VP Commercial & Business Development ONERA - The French Aerospace Lab

FR

Erik Robertson

Managing Director at Nordic Game Resources AB; CEO Redikod AB

SE

Andrea Rosen

Chief Innovation Officer at CUBE gmbh Berlin

DE

Marie-Elisabeth Rusling

CEO Business Angels Europe

FR

Daria Saharova Partner at Vito ONE DE

Diana Saraceni

Co-founder & General Partner at Panakes Partners Milano

IT

Ayse Nil Sarigollu

CEO Cardtec

TR

Oliver Schlüter

Managing Director, CFO NOVALIQ GmbH

DE

Marko Seppä

Owner & CEO, Venture Capital Corporation VCC Oy; Co-Founder and Chairman, Global Enabler Corporation

FI

Cecile Sevrain

Co-founder Tiime; Managing Director LBAN; Program officer EBAN Impact Investment Committee

FR

Maria Shiao

Senior IT and Telecoms business executive, Technology investor, expert and advisor (IoT, Smart Cities), ICT and Future Cities Executive Panel at Institution for Engineering and Technology.

Lead investor and deal leader at Rising Tide Europe

ES

Tanya Suarez

Co-Founder of IoT Tribe; CEO at BluSpecs Innovation

ES

Hilde Tonne

former Senior Vice President in Telenor and now member of the advisory board of Digital Norway as well as Member of the Board of Directors in in Vattenfall and Danske Bank. 

NO

Ewa A. Treitz

Partner @Black Pearls VC; Kauffman Fellow; Mentor@Techstars

PL

Mari Vavulski

Head of Startup Estonia

EE

Adiari Vazquez

VC Investment Manager Caixa Capital; International Venture Club 

US/PT

Jelena Vester

Business angel, early stage business/start-up investor; Corporate Board member

LT

Cristina Vicini

International Senior Executive, Independent Board Director, Entrepreneur, Impact investor, President at TIAW.org

IT

Helena Vieira

Director at BLUEBIO ALLIANCE; CEO and President BIOALVO SA

PT

Claus von Riegen

Vice President, Head of Business Model Innovation SAP

DE

Ingrid von Streng Velken

Director of strategy and innovation in the energy company BKK. Chair of the Board of BKK Grønn InVest (BKKs venture)

NO

Sandra Wycech

Innovation Community Manager at Bank of Ireland

PL

Jose Zurstrassen

Chairman MyMicroInvest.com; Skynet; Belgacom; Keytrade Bank 

BE