INNOVA4EU has been invited to evaluated proposals submitted to the EIC SME Instrument. This is the fifth year evaluating and helping proposals to get funding for projects.
The EIC SME Instrument is a public funding programme that funds risk innovation in small businesses. It funds market-creating innovation in disruptive small businesses that have significant growth potential and global ambitions. The EIC SME Instrument is part of Horizon 2020 – the EU's 80 billion € funding programme for Research and Innovation for 2014-2020.
SMEs could receive up to 2.5M€ in funding and world-class business support and mentoring.
The dedicated SME instrument encourages for-profit SMEs to put forward their most innovative ideas with an EU dimension. The instrument aims to fill gaps in funding for high-risk innovation and close-to-market activities to give a strong boost to breakthrough innovation.It targets highly innovative SMEs with a strong ambition to develop, grow and internationalise. It covers the whole innovation cycle, the focus being on delivery of new products, services or processes on the market.
What SME Instrument offers?
The SME Instrument, as part of the Horizon 2020 programme, acts as an accelerator programme at EU level offering funding, coaching and business acceleration services to innovative small or medium-sized business with global ambitions. The SME Instrument supports high-risk, high-potential small and medium-sized enterprises to develop and bring to the market new innovative products, services and business models that could drive economic growth.
Who are SME Instrument looking for?
SME instrument invests in for-profit SMEs (single companies or consortia) established in the EU or in countries associated to Horizon 2020 that have ground-breaking ideas that could shape new markets or disrupt existing ones.
Next cut-off dates for project submissions are: Phase 1: 7 November 2018 , Phase 2: 9 January 2019