Granted Consultancy Ltd

Specialists in securing grant funding

The team at Granted Consultancy share a common desire to make projects happen. We achieve this by identifying opportunities, understanding the barriers to success and helping our clients on the journey to realising their projects.

SME Instruments, from Horizon 2020


GRANT SUMMARY

KEY INFO

Key Driver: transforming disruptive ideas into concrete, innovative solutions with a European and global impact.

Opens                            Now       
Funding Body              Horizon 2020   
Funding Amount         Various
Next Step                      Phase 1 application
Due Date                       Deadlines Here

 

BACKGROUND

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 OVERVIEW
 

  • 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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If you think you could benefit from this funding, or would like to know more about other funds you might be eligible for, please do not hesitate to contact us, on:

01392 427860

or

info@grantedltd.co.uk