SME Instruments, from Horizon 2020
Key Driver: transforming disruptive ideas into concrete, innovative solutions with a European and global impact.
Funding Body Horizon 2020
Funding Amount Various
Next Step Phase 1 application
Due Date Deadlines Here
Horizon 2020 is the key R&D grant support programme for all SMEs in the EU to 2020. The SME instruments scheme is part of the European Funding body Horizon 2020. It 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 1. CONCEPT & FEASIBILITY ASSESSMENT
Idea to concept (6 months)
The European Union will provide €50,000 in funding, to carry out a feasibility study to verify the viability of the proposed disruptive innovation or concept. There is no requirement for match funding from the applicant
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
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