Horizon Europe Guarantee – EIC 2021

Background

Since its departure from the European Union, there's been much uncertainty around whether the UK will still have access to Horizon Europe going forward. In order to provide some clarity, back in November 2021 the government announced a new scheme that guarantees funding for successful applicants to the first wave of Horizon Europe grant awards. Such grants will still be offered, regardless of the UK's association with Horizon Europe.

Although formalisation has been delayed, Horizon Europe Guarantee grants are a short-term solution to help the situation. To provide reassurance, the government has guaranteed funding for the first wave of eligible, successful applicants to Horizon Europe if they are unable to sign their grant agreements with the EU. This guarantee includes the EIC 2021 calls.

Who can apply?

Applicants will be eligible to register with UKRI for the Horizon Europe guarantee through this route if they are a UK-based organisation which has been successful through an EIC 2021 call, and which for the consortium grants remains a partner on the project and is listed on the EIC grant agreement as an Associate Partner.

Further details are available here.

How to apply:

The application is split into 3 sections called Project details, Application questions and Finances.

All the details and criteria about each section can be found on the Horizon Europe Guarantee – EIC 2021 page of the Gov.uk website.

Dates

• 21 February 2022 - Competition opens
• 14 March 2022 11:00am - Competition closes
• 17 March 2022 - Applicants notified

Ready to apply? Don't go it alone

Although it's tempting to put together an application for innovation funding yourself, the process of doing so can be complex. Each round of funding is held "competition style" meaning only the highest quality, most persuasive applications stand any chance of winning the grant.

The Myriad Associates team has a long and enviable track record in putting together R&D grant applications for the very best chances of success. This gives you a huge advantage over your competitors.

In submitting your grant application, we'll go through these simple steps:

1. Project Assessment

Our specialist consultants will sit down with you to understand the relevant technical, commercial and financial details of your R&D project so we can assess whether this type of funding is definitely for you. We can then look objectively at your chances of success.

2. Workshop Session

Project assessment will be followed up by a workshop session where we aim to understand your company and your proposed project in more detail. This includes the technical problems and solutions your project will seek to address, as well as commercial opportunities, market dynamics, project team and financial projections.

3. Grant Writing

Once we have everything we need, our experts will work with you to prepare and write an award winning R&D grant application ready for you to review and approve.

4. Submission and Feedback

Once you're happy with your application, we'll register online on your behalf and submit the web-based grant application for you. Grant assessors will feedback on which grant applications have been successful, and our team will go through this feedback (positive and negative) with further advice and guidance.

5. Compliance and Monitoring

When your grant application is approved, we help you comply with all requests from the grant body’s monitoring officers.

You may also be able to claim R&D Tax Credits for grant funded projects under the Large Company and RDEC (Research and Development Expenditure Credit) Scheme. Myriad Associates can help you navigate through this process too, enabling you to maximise your return and put much needed cash back into your company's pocket.

Get in touch

If you believe your company is eligible for this latest grant - or any other innovation grant funding - why not chat to our team on 0207 118 6045 or send us a message. It's free to do so and there's no obligation - we look forward to hearing from you.