SME Instrument: €108 million for innovation activities and business plans (Phase 2)

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The European Commission has selected 78 SMEs from 18 countries to each receive a grant of up to €2.5 million (€5 million for health projects) to finance innovation activities and the development of their business plans. The companies will also be entitled to benefit from up to 12 days of business coaching.

The Commission received 580 project proposals involving 785 SMEs by the first cut-off date of Horizon 2020’s SME Instrument programme Phase 2 (9 October 2014). Evaluation by independent experts showed that 132 of the proposals met the evaluation standard. 60 (45.45%) have been selected for funding.

UK companies have been particularly successful in this call, with 10 participants on track to receive over €17 million. They are closely followed by France, the Netherlands and Spain, which actually has the biggest number of single beneficiaries (12).

For a detailed breakdown of the number of beneficiaries in Phase 2 of the SME instrument per country, please see this table.

Participant Portal – lists of beneficiaries in Phase 2

Map of SME Instrument beneficiaries

Published on
Magali | Thu, 05/02/2015 - 14:27
Score of the lowest proposal selected for funding

Have all proposals above thresholds been selected for funding ?
What is the score of the lowest proposal selected, in SC5 in particular ?

  • chladag | Thu, 05/02/2015 - 16:29
    No, 132 of the proposals met

    No, 132 of the proposals met the evaluation standard. 60 have been selected for funding.
    Unfortunately we do not disclose the scores.
    Agnieszka @EASME

  • Liam | Sat, 07/02/2015 - 15:36
    Feedback Regarding Meeting Threshold Scores in Phase 2

    Hi there,
    I wish to determine when applicants to the most recent Phase 2 call (deadline in December 2014) will hear if they have reached the initial treshold? The FAQs say about 4 weeks, but I presume with holidays, it will take a bit longer. Thanks.

  • martizr | Tue, 10/02/2015 - 10:07
    All the applicants will be

    All the applicants will be informed of the outcome at the same time in April. For the moment we can't provide feedback earlier...

  • JOI | Mon, 16/02/2015 - 03:50
    Funding opportunities

    I seek information on taping into funding opportunities attainable through EEC. I have a number of long term and high yields projects for which I seek funding for its feasibility, implementation and execution / equity partners. I have the cooperation of technical partners from both Spain and Canada. I am a Spanish entrepreneur.

  • Takis | Thu, 19/02/2015 - 14:00
    phase 1 December cutoff

    Does the April announcement of Phase 2 proposals submitted during December apply also for Phase 1 proposals? If not is there any indication when the results will be announced?

  • martizr | Thu, 19/02/2015 - 14:20
    We do not know yet but we

    We do not know yet but we will keep you informed.

    Erwan @EASME

  • Evan Mitchell | Sat, 21/03/2015 - 06:39
    Innovation business plans

    For the development of a business we need a perfect business plan and strategy. Therefore every business organization is looking for better plans to implement in their business; here we have found that the commission received 580 project proposals involving 785 SMEs for better business plans and even every other companies are also follow the same way or structure to build or a set up a better business.

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