Menu

SME Instrument Update July 2016 – Latest Phase 1 and Phase 2 beneficiaries

The results for the May and April cut-off date have been published for the SME Instrument programme that assists SMEs in innovating ideas and bringing them to the market. The results concern Phase 1 and Phase 2 of the SME Instrument. Phase 1 provides funds for feasibility studies on new products that can disrupt the market, whilst Phase 2 provides funds to further develop Phase 1 proposals from pilot-phase to commercialisation through various innovation activities.

Phase 1 beneficiaries from May 2016 cut-off: EASME has selected 166 projects from 178 SMEs in 28 countries on the basis of the proposals received in Phase 1 cut-off in May 2016. Projects selected from this cut-off will receive a total of €8.3 million, and each project will receive €50,000. The projects were selected from 1,975 proposals and the number of projects has slightly decreased from the February 2016 cut-off date. You can check the country and topic breakdown here.

Phase 2 beneficiaries from April 2016 cut-off: EASME has selected 48 projects from 58 SMEs in 16 countries on the basis of the proposals received in Phase 2 cut-off in April 2016. Projects selected from this cut-off will receive a total of €77.7 million, and each project will receive €0.5 and €2.5 million (€5 million for health projects). The projects were selected from 961 proposals and the number of projects has slightly increased from the February 2016 cut-off date. You can check the country and topic breakdown here.

Comments are closed.