Results of latest SME Instrument call published
A total of 262 small and medium-sized companies have been selected for funding under the latest round of Horizon 2020's SME Instrument. The total amount to be distributed to the companies under both phases of the programme is €114.237 million. With this funding, companies will be able to finance their innovation activities ranging from feasibility studies to market launch.
69 small and medium-sized companies (SMEs) from 22 countries were selected for funding SME Instrument Phase 2. The total amount to be distributed between the SMEs working on 62 projects is €104.587 million. In this phase of the SME Instrument, each project will receive up to €2.5 million (€5 million for health projects) to finance innovation activities like demonstration, testing, piloting and scaling up. The companies will also benefit from 12 days of business coaching and free business acceleration services.
Spanish SMEs were the most successful with 16 companies selected for funding. They were followed by companies from Italy (11), Sweden (6) and Germany (5). From Austria, the project "Digital Iris - Bringing the human being into the digital loop" submitted by the Viennese SME Viewpointsystem was selected for funding.
193 innovative SMEs from 28 countries were selected for funding under SME Instrument Phase 1. The total amount to be distributed between the SMEs working on 193 projects is €9.65 million. In this phase of the SME Instrument, each project will receive a lump-sum of €50 000 to carry out a feasibility study. The companies will also receive three days of business coaching and free business acceleration services.
Spanish SMEs were the most successful with 27 companies selected for funding, followed by Italy (26) and Switzerland (22). 6 Austrian SMEs were successful in Phase 1.TOP