The first results for the last year’s cut-off date in November have been published. 185 SMEs from 26 countries have been selected for funding under Phase 1 of the SME Instrument and will each receive EUR 50.000 for feasibility studies. Out of 2056 proposals, the 185 SMEs that will receive funding proposed 175 projects in total, thus bringing the success rate of funded proposals up to 8.4%. You can check the country and topic breakdown here.
Last cut-off date for Phase 2 in 2015 attracted applications from a wide range of companies, but only 45 SMEs from 19 countries, out of 1090 proposals, have been selected for funding. Each project will receive between EUR 0.5 mil. and EUR 2.5 mil. (EUR 5 mil. for health projects) to bring their products from pilot phase to market. You can check the country and topic breakdown here.
SME Instrument has kicked-off in 2016 having decoupled the cut-off dates for Phase 1 and Phase 2. The first deadline of the year was for Phase 2 and EASME has received a total of 553 proposals by 3rd of February. The next cut-off date for Phase 2 is 14th of April 2016 and for Phase 1 is 3rd of May 2016. Our statistical analysis is based on the public information made available by EASME. You can check it here.