sme-instrument-eng2017-08-02T23:51:40+00:00

SME INSTRUMENT

€ 3 Billion
  • Highly innovative SMEs, high-potential SMEs with global ambitions develop groundbreaking innovative ideas for products, services or projects that are ready to face global market competition
  • Supports innovation projects that will help SMEs grow and expand their activities

3 phased support

  • Proof of concept → Exploring and assessing technical and commercial potential of a breakthrough innovation
  • Feasibility study, Risk Assessment, Intellectual Property Regime (IPR)
  • Funding: lump sum → € 50.000
  • Duration: 6 months
  • Innovation projects underpinned by a sound and strategic business plan
  • Demonstration, testing, prototyping, scaling-up, design, validation for market replication, miniaturisation
  • Funding indicative range of 0.5 – 2.5 million euros
  • EU funding covering 70% of eligible costs
  • Duration 1-2 years
  • Business innovation plan incorporating a detailed commercialisation strategy and a financing plan in view of market launch
  • Not direct EU funding
  • Indirect support through easier access to financial facilities → debt and equity financial instruments
    Innovation and business development coaching, IPR, networking opportunities via the Enterprise Europe Network (EEN)

2014-2015 call themes

  • High risk ICT innovation
  • Nanotech, or other advanced tech for manufacturing and materials
  • Space research and development
  • Ricerca nello spazio
  •  Diagnostics devices and biomarkers
  • Sustainable food production and processing
  • Seas and oceans (Blue growth)
  • Low carbon energy systems
  • Trasporti verdi e maggiormente integrati
  • Greener and more integrated transport
  • Eco-innovation and sustainable raw material supply
  • Urban critical infrastructure
  • Biotechnology-based industrial processes
  • Mobile e-government applications (2015)
  • SME business model innovation (2015)
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