Fail to run the compiled MPS2+ project

Hi,

After compiling the MPS2+ FPGA designstart project (unmodified, as-is out of the box), i'm failing to run it on the FPGA.

While the already downloaded image that arrives on the FPGA runs fine (i run the demo application), the image I compiled fails to run. After the FPGA configuration finishes the LCD remain blank, all the leds are constantly lightened and the LOG.txt (in the root directory of the board) shows the following message: "SMSC9220 initialisation failed."

All LOG.txt:
2654.LOG.TXT

Also, i see the following messages in Quartus:

I'll appreciate your advice.

Thanks,

Eli