What challenges do businesses face when seeking funding?

  • The most challenging part of the application process is to convince the EU that your companies’ interests are aligned with the objectives of the EU. If this alignment is not obvious we might spend significant time in negotiations with bureaucrats and policy makers.
  • Strict deadlines.
  • The European Union requires all the applicant companies requesting funding to comply with its stringent ESG standards.
  • A representative of your company should frequently provide us accurate and updated information. An application is a dynamic process that requires continuous updates, reports and documentation.
  • A representative is also indispensable while drafting the project’s business plan. The EU requires specialized templates of business plans. Even business plans prepared by the Big Four Accounting companies are not eligible for EU funding applications.
  • Excessive bureaucracy. Our experience can help you circumvent bureaucracy but still the EU will require a large amount of documentation that cannot be garnered without the active participation of a representative of your company.
  • A prerequisite of a successful application requires meetings every 15 – 30 days with the representative of your company to keep track of the progress. At the first stage of the application it is required weekly or even daily communication.


What are the chances of securing EU funding?

If your project or startup aligns with the European Union's objectives, the likelihood of receiving funding exceeds 80%. Typically, the European Commission does not allocate the entire funding amount in the first call of a funding programme.
It often requires a second or third call for the budget to be fully absorbed by companies.
If your project is innovative and introduces new technology (R&D), the chances of funding success is more than 95%.

The likelihood of obtaining funding increases if:

  • Your project is already self-funded through equity and does not depend on EU funding or credit for progression.
  • You submit your application ahead of the time and meet all deadlines
  • You compile all necessary documentation promptly

At Amazon Consulting, we can assist you in:

  • Aligning your company's goals with those of the EU
  • Acquiring funding through venture capital.


Why to cooperate with Amazon Consulting?

  • We have significant experience in successfully applying for various EU funding plans over the past 10 years. We have ensured funding for our clients of more than €250 mil.
  • We can identify and mobilize influential European consultants and scientists who actively contribute to the formulation of the EU legislation.
  • Through our extensive network, we will introduce your company to the legislative activities in Brussels and initiate contact with policymakers, legislators, commissioners and ex-ministers.
  • We maintain strong relationships with EU lobbies (public affairs companies) operating within the EU, as well as with scientists involved in drafting legislation.
  • Our network includes strong ties with prominent educational and research institutions in the UK, such as the London School of Economics, Oxford University, and Durham University
  • Capitalizing on our connections with universities and laboratories, we can assist in the recruitment of experts and scientists.

What are Amazon Consulting’s fees?

Our fees consist of:

  • Operating expenses from on-going services (e.g. drafting of business plan, submission of applications, negotiations, follow-up meetings, preparation of reports etc.)
  • Success fee. This fee is payable only if the subsidy is granted. The success fee is expressed as a percentage of the subsidy amount.