242 SMEs selected for funding in latest round of SME Instrument
A total of 242 small and medium-sized enterprises (SMEs) from 30 countries have been selected for funding under the latest round of the SME Instrument. The companies will receive a total amount of €12 million to share between their projects to get their innovations faster on the market.
The companies will receive €50.000 each to draft a business plan. Several companies can team up to propose one project. The companies will also receive free coaching and business acceleration services.
The majority of the companies selected for funding are in the field of information and communication technology (ICT), health and engineering. Most companies are based in Spain (48), Italy (21) and France (18). 7 successful SMEs are located in Austria.
For more information: EC News