EIC Board warns on consultancy use for EIC applications while underscoring free support options

Brussels, February 28th 2025
Summary
  • The EIC Board published observations on the use of consultants by applicants to EIC calls and stressed that external consultants are not necessary for success.
  • A voluntary Code of Conduct for consultancies was published in November 2023 and applicants are encouraged to verify adherence before hiring.
  • The Board highlights free public support options including National Contact Points, university technology transfer offices, Enterprise Europe Network and EIC business coaching after Step 1.
  • Applicants must remain engaged and responsible for their applications since EIC Accelerator candidates are required to present and defend proposals in front of a jury.
  • The Board flags contractual risks with consultants such as exclusivity clauses, unclear IP terms and problematic success fee arrangements.

EIC Board observations on the use of consultants for EIC applications

On 28 February 2025 the European Innovation Council Board published a set of observations addressing how applicants use private consultants when preparing submissions to EIC calls. The guidance reiterates that using a paid consultant is optional and that success in EIC instruments is attainable without external advice. It aims to help applicants make informed choices about when and how to engage third parties and to point to public, low or no cost alternatives within the EU innovation ecosystem.

Why the EIC addressed consultancy use

The European consultancy market that has grown around EIC calls creates both opportunities and risks. Professional advisers can add value where applicants lack experience in grant-writing, investor-grade pitch design or administrative processes. At the same time the Board flagged a need for transparency and professionalism to avoid exploitative practices and to protect fairness in evaluation. The guidance is part of a longer effort to ensure applicants understand their responsibilities and to promote ethical standards among service providers.

Code of Conduct for consultants:The EIC Board points to a voluntary Code of Conduct published in November 2023 that sets minimum standards for consultancies offering services to EIC applicants. The Code aims to foster transparency and ethical behaviour and includes provisions on client information, conflicts of interest and clarity on fees. Applicants are advised to check whether a consultant claims to adhere to the Code and to ask for proof of compliance before contracting.

Core recommendations to applicants

The Board frames its observations as practical steps applicants should take before engaging external consultants. These are intended both to protect applicants and to preserve the integrity of the application process.

Assess your needs and capabilities first:Applicants should self-assess competencies in technology, business model and the grant application process. If the team can cover those gaps internally, the Board stresses that external consultancy is not a prerequisite for success.
Compare multiple offers:When external help is needed, applicants should obtain and compare several proposals. The Board recommends assessing track record, sector-specific expertise and the concrete deliverables offered rather than choosing on price alone.
Verify Code of Conduct compliance:Applicants are encouraged to verify a consultant’s adherence to the EIC Code of Conduct and to request written confirmation of practices around confidentiality, conflict of interest and transparency on fees.
Stay engaged and responsible:Even when consultants draft sections of an application, applicants must remain the decision makers and owners of the content. For EIC Accelerator in particular, applicants must be prepared to personally present and defend the project before a jury.

Contractual and commercial risks to watch

The Board emphasises that contracting a consultant can introduce legal and commercial risks. It singled out several clauses and fee models that applicants should scrutinise carefully and, where needed, discuss with legal counsel or trusted public advisers.

Exclusivity clauses:Applicants should be wary of exclusivity agreements that prevent them from engaging other advisers or from communicating freely with funders. Such clauses can hinder the company’s ability to pivot or to work with investors and are often unnecessary for advisory work.
Intellectual property and data rights:Contracts should clearly state who owns IP and the treatment of confidential business information. Applicants must not sign away ownership of core technology or grant broad licences that extend beyond the consultancy engagement.
Success fees and contingent payments:The Board warns against certain success fee arrangements that pivot consultant incentives away from ethical behaviour. Fee models that claim payment only on 'success' may mask high hidden costs or encourage overpromising. Applicants should understand how success is defined and whether fees are compliant with EIC rules and public procurement or grant regulations where relevant.

Public and low cost alternatives the Board highlights

To reduce dependence on paid consultants the EIC Board underlined a range of publicly available supports across the EU innovation ecosystem. These services are often free or subsidised and provide practical, domain-specific and procedural help.

Support sourceTypical costScope of assistanceAdvantagesPotential limitations
National Contact Points (NCPs)FreeGuidance on Horizon rules, national funding links and application processLocal knowledge, bridge to national programmesVaries by country in capacity and responsiveness
Enterprise Europe Network (EEN)Free or low costInternationalisation advice, partner search, business supportWide network across EU, practical business servicesNot tailored to detailed EIC technical evaluation
University Technology Transfer OfficesOften free for spinouts or researchersIP guidance, commercialisation strategy, early business supportTechnical and IP expertise, links to academic resourcesMay lack investor or grant-writing experience for scaleup-stage companies
EIC Business Acceleration Services coachingFree after Step 1Tailored coaching to prepare full EIC proposals, investor readinessDesigned for EIC applicants, experienced coachesOnly available to applicants that pass Step 1 short proposal
Paid private consultantsMarket rates applyEnd-to-end application writing, pitch design, grant administrationCan fill capacity gaps rapidly and provide polished deliverablesCosts, variable quality, contractual pitfalls and potential conflicts of interest
EIC business coaching after Step 1:One important element is free coaching offered via the EIC Business Acceleration Services for applicants who pass the Step 1 short proposal. The coaching is explicitly tailored to help teams prepare the Step 2 full proposal and is meant to strengthen the applicant’s own capacity rather than replace it.

Practical checklist for applicants considering a consultant

Below is a condensed checklist applicants should use when evaluating a consultancy. The Board expects applicants to remain the accountable party for their proposals and to exercise due diligence when contracting third parties.

QuestionWhy it mattersWhat to ask or request
Does the consultant adhere to the EIC Code of Conduct?Signals commitment to ethical practicesAsk for written confirmation and examples of past compliance
What are the deliverables and timelines?Avoid vague scope that leads to hidden costsGet a detailed statement of work and milestones
How are fees structured?Fee model affects incentives and total costClarify fixed fees, hourly rates, and precise definition of success fees
Who owns IP and data produced during engagement?Protect core technology and confidential informationInsist on narrow licences to the extent necessary for the service
Are there exclusivity or non compete clauses?May limit future funding or collaborationsAvoid broad exclusivity or limit it to a short, well-defined period
Can you produce references and examples?Past performance is a strong indicator of qualityRequest referees and anonymised samples of prior EIC-related work
Will the consultant support oral defence preparation?Applicants must present and defend in personConfirm coach will prepare the actual project team for jury interviews

Wider context and implications

The EIC Board observations come amid an expanded EU effort to professionalise innovation support while protecting applicants and public funds. EISMEA, which administers the EIC, manages an ecosystem of supports including the EIC Fund, National Contact Points and networks such as the Enterprise Europe Network. The Code of Conduct is voluntary but the Board expects it to raise market standards and to give applicants a practical lever to demand better conduct from advisers.

From a policy perspective this guidance balances two goals. The first is to ensure applicants can access expertise that raises the quality of proposals and of funded projects. The second is to limit market distortions where paid intermediaries capture an outsized share of value or create perverse incentives. The Board’s clear insistence that applicants must remain responsible for their applications is a reminder that consultancy is an input and not a substitute for an applicant’s own technical and strategic ownership.

A realistic conclusion for applicants

The EIC Board does not ban consultants nor does it claim they are always unnecessary. It aims to level the playing field by providing a set of observations and pointing to public alternatives. For prospective applicants the practical takeaway is to prioritise internal ownership of the application, to exhaust free or low cost supports available in the EU innovation system, and to contract external help only after careful vetting using the checks above.

Where to find the documents and next steps

The Board’s observations were published by the European Innovation Council and SMEs Executive Agency on 28 February 2025. Applicants should read the EIC Code of Conduct published in November 2023, consult National Contact Points, check the EIC Business Acceleration Services for coaching after Step 1, and use the Funding and Tenders Portal for official submission procedures. When in doubt, seek free local supports before signing substantial contracts with private consultancies.