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Q: What about traditional SMEs with limited innovation capacity? Will they have their place in H2020?
A: SMEs will be encouraged to participate across the Horizon 2020 programme. The SME instrument is open to highly innovative SMEs showing a strong ambition to develop, grow and internationalise regardless of whether they are high-tech or not. The SME instrument will be competitive, business-oriented and focused on creating impact, bringing high-potential innovations closer to the market. Closer to the market activities under the rules of participation has a reimbursement rate of 70%. SMEs may still take part in collaborative R&D projects where the rules of participation state the reimbursement rate is 100%. A good chunk of the Horizon 2020 budgetary target for SMEs will be delivered through the dedicated SME instrument. The exact budget allocation is still to be decided.
Category : Horizon 2020 , Small and Medium-sized Enterprises (SMEs)