Horizon 2020
The EU Framework Programme for Research and Innovation

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Innovation in SMEs

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Horizon 2020 actively supports SMEs by providing both direct financial support, and indirect support to increase their innovation capacity. 'Innovation in SMEs' aims at creating a bridge between the core of the framework programme - support to research, development and innovation projects - and the creation of a favourable ecosystem for SME innovation and growth.

The objective of ‘Innovation in SMEs’ is to optimise the Research, Development & Innovation environment for SMEs, including through the establishment and facilitation of a range of support services, with the aim of strengthening the innovation capacity of SMEs and creating value on the market and/or into society, thus underpinning the Europe2020 strategy for smart, inclusive and sustainable growth.

A range of actions contributes to building innovation management capacity for Small and Medium Enterprises. Innovation management capacity is the internal ability of companies to manage innovation processes from the generation of the idea to its profitability on the market.

SMEs can find this kind of support via a dedicated SME instrument, which is a novel approach to support SMEs' innovation activities. It attracts more SMEs to Horizon 2020,and helps to increase the economic impact of project results by a company-centric and market-driven approach.

The SME instrument addresses the financing needs of internationally oriented SMEs, in implementing high-risk and high-potential innovation ideas. It aims at supporting projects with a European dimension that lead to radical changes in how business (product, processes, services, marketing etc.) is done. It launches companies into new markets, promote growth, and create high returns of investment. The SME instrument addresses all types of innovative SMEs so as to be able to promote growth champions in all sectors.

'Innovation in SMEs' also includes actions which provide indirect support to SMEs in the form of tailored services and projects (innovation management capacity building, IPR management, etc…), networking and mobilization actions for innovation service providers and policymakers (i.e. exchange of experience between national innovation agencies); moreover, Horizon 2020 provides direct support to the Enterprise Europe Network, a key player in improving SMEs' access to funding opportunities. 'Innovation in SMEs' funds additional activities intended to support entrepreneurship, internationalisation, and improving access to markets (through the COSME programme).

Furthermore, this challenge supports the second EUREKA/Eurostars Joint Programme Initiative (2014-2020), that provides funding for market-oriented transnational collaborative R&D projects, spearheaded by R&D performing SMEs established in any of the 34 EUREKA Member-States that participate to Eurostars. Eurostars pools together national resources, with the aim of strengthening integration and synchronization of national research programmes contributing to the achievement of a European Research Area.

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News

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Small and medium-sized enterprises (SMEs) in Luxembourg will get easier access to risk capital thanks to a new EU-backed loan guarantee facility under the Horizon 2020 programmes. Read more

11/05/2015 - 13:25

161 companies from 23 countries have been selected in the latest round of Horizon 2020 SME Instrument Phase 1. For each project, the participants will receive €50,000 to finance feasibility studies. They can also request up to three days of business coaching. Read more

31/03/2015 - 02:00

Small and medium-sized enterprises (SMEs) in the Czech Republic will get easier access to risk capital thanks to the new EU-backed loan guarantee facilities under the Horizon 2020 programmes. Two deals signed today by European Investment Fund (EIF) with Komerční banka and Česká spořitelna will allow both Czech banks to enter into new loan agreements with SMEs as well as Small Mid-caps for a total of CZK 6950 million(over €250 million) over the next two years. Read more

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02/07/2015 - 15:45

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Publications

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For three decades, the EU Framework Programmes have been funding breakthroughs across Europe. RTD’s Horizon Magazine looks at the people and events that have helped shape European research policy, taking you behind the scenes during the pivotal moments from the last 30 years of research funding. These articles have been brought together into a special Horizon supplement to commemorate the 30th anniversary of the Framework Programmes. Read more

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15/01/2014 - 11:51

The SME instrument (Horizon 2020) offers seamless business innovation support from idea to market, covering the three stages of the full innovation cycle (proof-of-concept, innovation development and commercialisation). In addition, a coaching and mentoring scheme is provided exclusively to beneficiaries of the instrument in order to accelerate the impact of the funding provided. Find out more via this brochure! Read more

Press Release

08/04/2015 - 18:50

Researchers, businesses and innovators from Ukraine will now be able to fully participate in Horizon 2020, the European Union's research and innovation funding programme, on equal terms with EU Member States and other associated countries. Read more

09/01/2015 - 13:15

Today the European Commission is announcing new support for innovative companies around Europe through two initiatives. One of these is a new, €200 million, "Fast Track to Innovation" initiative launched today by the Commissioner for Research, Science and Innovation Carlos Moedas. This instrument will promote innovation by reducing the time it takes to bring innovative ideas to market. Read more

19/12/2014 - 17:55

A new European Union loan guarantee facility for innovative small and medium-sized enterprises (SMEs) has been launched in Portugal. The European Investment Fund (EIF) and the Portuguese bank Banco BPI today signed the first "InnovFin SME Guarantee" agreement in the country. Read more

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