EIC releases annexes and updates to Part A ahead of Accelerator Step 2 cut-off

Brussels, February 7th 2024
Summary
  • Applicants who passed the EIC Accelerator short proposal stage can review annexes ahead of the 13 March 2024 full proposal deadline
  • Annexes include a simplified financial plan, equity needs template, detailed budget table for lump sum calculations, and an ownership control declaration
  • Part A of the full application has been updated to collect key data automatically including CEO/CTO/CSO gender, requested funding type, and consent to share application data with NCPs and EEN
  • Finalised Part A and annex documents are expected on the Funding & Tenders Portal by mid February and applicants are advised to wait to upload final files

Annexes published for EIC Accelerator full proposal and changes to Part A

On 7 February 2024 the European Innovation Council and SMEs Executive Agency published guidance for applicants that have received a 'GO' for their short proposal and are preparing full applications for the EIC Accelerator cut-off on 13 March 2024. The announcement sets out which annexes applicants should familiarise themselves with and flags an update to 'Part A' of the full application form intended to collect key data automatically. The agency recommends preparatory work but asks applicants not to upload forms until the final templates are available on the Funding & Tenders Portal.

What the annexes cover

Examples of annexes included:The annex pack includes templates and forms applicants will need when preparing the full proposal. Examples cited by the EIC include a simplified financial plan and equity needs template, a detailed budget table to support lump sum calculations, and an ownership control declaration. The agency published a ZIP file with the annexes alongside the announcement for applicants to download and review.

These annexes are procedural and administrative documents. They exist to standardise the financial and ownership information received from companies and to facilitate assessment and contracting. For offers that include the EIC investment component, the equity needs template will be important because the EIC has separate processes for the grant and for the EU funded equity investment managed by the EIC Fund.

Annex or itemPurposeNotes
Simplified financial plan and equity needsCapture company financial forecasts and quantify equity requirementsUsed by evaluators and by EIC Fund due diligence when an investment component is relevant
Detailed budget table for lump sum calculationsBreak down costs to match lump sum rules and help justify funding requestsSupports lump sum reconciliations at contracting stage
Ownership control declarationClarify company ownership and control relationshipsImportant for eligibility checks and for conflict of interest screening

Changes to Part A of the full application form

Data fields added to Part A:The updated Part A will automatically collect specific data points for the EIC. These include the gender of CEO, CTO, or CSO where applicable, the type of funding requested by the applicant, and whether the applicant consents to share application data with Horizon Europe National Contact Points and the Enterprise Europe Network. The update aims to streamline data collection and to facilitate downstream support and signposting for applicants.

Collecting this information centrally will make it easier for the EIC and network partners to target coaching, matchmaking and follow up. Applicants should note that some of the new fields are consent based. Explicit consent will be needed to share application data with external support networks. The EISMEA data protection notice and Horizon Europe rules govern how personal and company data are processed and shared. Applicants concerned about privacy should read those notices before giving consent.

Availability and recommended applicant actions

The EIC expects the updated Part A and the full annex pack to be available on the European Commission Funding & Tenders Portal by mid February 2024 for eligible applicants. The portal will send automatic notifications with submission links to applicants who received a 'GO' at Step 1. The agency advises applicants to familiarise themselves with the forms and annexes now but to wait to upload completed templates until the final versions appear on the Portal.

Practical advice for applicants preparing their full proposal:Start work on financial forecasts, lump sum justifications and ownership documentation now so you can react quickly when the final templates are published. Coordinate with your legal and finance teams to ensure the ownership control declaration aligns with corporate documents. Decide in advance whether to consent to sharing data with National Contact Points and the Enterprise Europe Network so you can complete Part A without delay once the form is live. Finally, do not upload draft documents to the Funding & Tenders Portal until the official annex versions are released to avoid resubmission issues.

Context and implications for applicants and the ecosystem

The EIC Accelerator is a two stage process. Step 1 is a short proposal stage. Successful Step 1 applicants receive an invitation to prepare a full proposal for Step 2. Step 2 includes remote evaluation and often a jury interview. The paperwork released in these annexes is part of routine preparation for contracting and for assessing any investment component that may accompany a grant. The EIC operates within the broader Horizon Europe framework and works with ecosystem partners such as National Contact Points and the Enterprise Europe Network to support applicants.

From a practical perspective the updated Part A is intended to reduce manual data entry and to allow the EIC to surface basic demographic information. That can be useful for monitoring diversity targets and for tailoring support. Applicants should be aware that giving consent to share application data with ecosystem partners will increase the number of bodies that may see their application information. That can accelerate access to services but also increases the surface for data sharing. The EISMEA data protection notice explains retention periods and recipients in more detail.

Timing and next steps

MilestoneDate or timeframeAction for applicants
EIC announcement of annexes7 February 2024Download and start reviewing annex list and required documents
Expected upload of final Part A and annexes on Funding & Tenders PortalAround mid February 2024Wait for final templates. Prepare answers and documentation in advance
Full proposal cut-off13 March 2024Submit completed full proposal and annexes through the Portal

Contacts and where to find the documents

The updated Part A and the annex pack are available through the European Commission Funding & Tenders Portal once published. The EIC announcement also provided a downloadable ZIP of annexes linked from the EIC website. For questions applicants can contact the EISMEA helpdesk. Applicants should consult the EISMEA data protection notice for details on data use, retention and recipients before consenting to share application data with third party networks.

A measured view

The annexes and form updates are administrative steps intended to speed up assessment and support. They do not change the substantive evaluation criteria of the EIC Accelerator. Applicants should use the time between the announcement and mid February to organise internal paperwork and financial modelling. They should also treat the new consent options deliberately rather than reflexively. Sharing data with National Contact Points and Enterprise Europe Network members can unlock helpful services but it is not obligatory. Read the data protection information and consider the trade off between additional support and wider data distribution.