H2020 SME Instruments
'Industrial Leadership' > 'Innovation in SMEs' >
- SME INSTRUMENTS -
Click the button to learn how we can plan your grant funding venture from start to finish:
The SME instruments scheme can be found under the Category 'Industrial Leadership' > 'Innovation in SMEs'
The instrument will take place in three phases, with the aim of transforming disruptive ideas into concrete, innovative solutions with a European and global impact.
SMEs are recommended to apply for Phase 1, but may also apply for subsequent phases depending on the progress of their proposals:
- PHASE OVERVIEW -
PHASE 1. CONCEPT & FEASIBILITY ASSESSMENT
Idea to concept (6 months)
The European Union will provide €50 000 in funding, and carry out a feasibility study to verify the viability of the proposed disruptive innovation or concept.
The SME will draft an initial business proposal (around 10 pages).
PHASE 2. DEMONSTRATION, MARKET REPLICATION, R&D
Concept to Market-Maturity (1-2 years)
Assisted by the EU, the SME will further develop its proposal through innovation activities, such as demonstration, testing, piloting, scaling up, and miniaturisation. It will also draft a more developed business plan (around 30 pages).
Proposals will be based on a business plan developed on phase 1 or otherwise. The EU aims to contribute between €0.5 million and €2.5 million.
PHASE 3. COMMERCIALISATION
Prepare for Market Launch
SMEs will receive extensive support, training, mentorship and facilitating access to risk finance as the project is further polished into a marketable product.
Additional support and networking opportunities will be provided by Enterprise Europe Network (EEN).
The EU will not provide additional direct funding in this phase.
- PHASE DEADLINES -
SME INSTRUMENT PHASE 1
15th Feb 17
3rd May 17
6th Sep 17
8th Nov 17
SME INSTRUMENT PHASE 2
18th Jan 17
6th Apr 17
1st Jun 17
18th Oct 17
- 'SME INSTRUMENT' CALLS AND BUDGETS, 2016-
THE 2016 'SME INSTRUMENT' CALLS AND BUDGETS:
Granted Consultancy is a leading provider of funding services to ambitious businesses in the UK and EU with specific expertise in identifying and securing grant funding. Our experienced team works across tech, digital, advanced engineering & manufacturing, public and third sectors to help develop and fund ambitious projects. We continue to work with clients on Grant, Angel, VC, Crowd and Accelerator Funding options to unlock exciting and disruptive projects in the UK, EU and worldwide. To find out more, contact us on 0203 507 1903 (London) or 01392 427860 (Exeter) or contact us online.