SME Instrument Update September 2016 – Latest Phase 2 beneficiaries

The results for the June 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 2 of the SME Instrument, which provides funds to further develop Phase 1 proposals from pilot-phase to commercialisation through various innovation activities.

Phase 2 beneficiaries from June 2016 cut-off: EASME has selected 56 projects from 65 SMEs in 18 countries on the basis of the proposals received in Phase 2 cut-off in June 2016. Projects selected from this cut-off will receive a total of €89 million, and each project will receive up to €2.5 million (€5 million for health projects). The projects were selected from 1167 proposals and the number of projects has notably increased from the April 2016 cut-off date. For further information, you may view the country and topic breakdown here.

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