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24 Oct 2016

189 SMEs selected for funding in latest round of Horizon2020 SME Instrument

189 small and medium-sized enterprises (SMEs) from 24 countries have been selected for funding in the latest round of the Horizon2020 SME Instrument. The SMEs will receive € 9.1 million in total for this cut-off.

The funding is provided under Phase 1 of the instrument, which means that each project will receive € 50,000 to finance feasibility studies for new products that can disrupt the market. They can also ask for up to three days of free business coaching.

Italian SMEs were particularly successful with 34 companies accepted for funding, followed by firms from Spain (30) and the United Kingdom (18). With 8 successful SMEs Austria ranks seventh in this round:

  • INTELLIC GMBH Hausmannstätten
  • decide Clinical Software GmbH Graz
  • AMR Propuslion Innovations GmbH Vienna
  • LIFEtool Solutions GmbH Linz
  • SUSTEC GmbH Klosterneuburg
  • Mold-Thix-Consulting Bueltermann GmbH Graz-Weinitzen
  • X-Net Technologies GmbH Linz
  • Xephor Solutions GmbH Purkersdorf

Most of the projects funded will be in the area of ICT (29), followed by transport and low-carbon energy systems (both 24).

For the third cut-off of the SME Instrument Phase 1 this year, EASME received 1,938 project proposals from 40 countries. Since the launch of the programme on 1 January 2014, 1840 SMEs have been selected under Phase 1 of the SME Instrument.

The next cut-off for Phase 1 is 9 November 2016.

List of beneficiaries

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