The SME instrument has been designed specifically for single or groups of highly innovative SMEs with international ambitions, determined to turn strong, innovative business ideas into winners on the market. The instrument provides full-cycle business innovation support from the stage of business idea conception and planning (phase I) over business plan execution and demonstration (phase II) to commercialisation (phase III). Participants will be able to call on business innovation coaching for the duration of their project.
- Phase I (proof-of-concept): Explore the scientific or technical feasibility and commercial potential of your new idea in order to develop an innovation project, with the help of a € 50,000 grant, and receive more support in case of a positive outcome!
- Phase II (development & demonstration): Develop your sound, ground-breaking business idea further with the help of a grant in the order of € 500,000 to 2,5 million into a market-ready product, service or process!
- Phase III (go-to-market): Take advantage of additional EU support to enter the market successfully (no grants).
Collaborative Projects (SME + partners)
Work with at least 2 international partners (separate legal entities) from different EU countries (at least 3 in total) and request EU project support! To find partners, you can use the assistance of various partner search services.
Access to Debt and Equity Financing
Discover where and how the EU can help your company to access finance for further business development.
For more information, please see the Work Programme part Access to Risk Finance.
Support to SME
Get personalized advice and guidance on how to apply from two support networks who understand your local and global challenges. Discover your personal help lines:
Whether you need information on EU legislation, help finding a business partner, want to benefit from innovation networks in your region or need information on funding opportunities, this is the place to start.
NCPs provide information and guidance to SMEs wishing to participate in EU research and are able to offer personalized support in the proposer's own language.
Quick online guide on steps from proposal preparation up to reporting on your project.
Useful information for managing intellectual property rights in your business and projects.
Is my Company an SME ?
To count as an SME, your organisation must be engaged in an economic activity and must have:
- fewer than 250 employees
- an annual turnover of no more than €50 million and/or an annual balance sheet of no more than €43 million.
Whether you count as an SME may depend on how you count your workforce, turnover or balance sheet. Please note that you must take account of any relationships you have with other enterprises. Depending on the category in which your enterprise fits you may then need to add some, or all of the data. For more details: Recommendation 2003/361/EC - see "Annex" for a full definition of an SME.
The Beneficiary Register on the portal includes a questionnaire that allows determining whether an organisation is an SME according to the EC rules and thus whether it is eligible to apply for the funding of certain H2020 actions.