The European Commission received 1873 proposals under Phase 1 by 17 September 2015, the third cut-off date for this year.
Italian SMEs were particularly successful with 30 beneficiaries accepted for funding, followed by firms from Spain (24) and the UK (15). Since the launch of the programme on 1st January 2014, 1099 SMEs have been selected under Phase 1 of the SME Instrument.
The results for the second phase of the SME Instrument, where companies get funding up to € 2.5 million to make their products ready for the market, will follow around mid-November 2015.
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