42 innovative SMEs to share €68.5 million under Horizon 2020 SME Instrument

42 innovative SMEs to share €68.5 million under Horizon 2020 SME Instrument

Printer-friendly versionPDF version

42 SMEs from 14 countries have been selected in the latest round of Horizon 2020 SME Instrument Phase 2. For each project, the participants will receive up to €2.5 million 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 European Commission received 614 proposals under Phase 2 by the first cut-off date of 2015 on 18 March. 230 received an evaluation score above the application threshold and 37 or 16.1% have been selected for funding.

Spanish SMEs have once again been particularly successful with 7 beneficiaries on track to receive over €12.6 million.

They are closely followed by firms from Italy, Finland, France, Netherlands and the UK. Since the launch of the programme on 1st January 2014, 214 SMEs from 22 countries have been selected under Phase 2 of the SME Instrument sharing more than €294 million.

Map and lists of beneficiaries

List of SME Instrument project






  • Andy W's picture

    Is there a reason why, despite many more proposals meeting the evaluation threshhold in this call, the number of projects funded has reduced?.
    In the previous 2 cut off's, over 40% of "above threshhold" proposals were funded but this time it is reduced to 16% and the total value reduced from over €100m to €68?.

    Is the budget being reduced?.

    Thank you.

  • martizr's picture

    The budget has not been reduced. It's actually the budget for the December 2014 cut-off that has been increased.

    Erwan @EASME

  • Andy W's picture

    Thank you for the reply, Erwan, but the value for September was €108m and December was €116m. Suddenly March reduced to €68.5m despite there being many more propsals which achieved the threshold.
    Is it because there is an annual budget and there were just 2 calls in 2014 and there will be 4 in 2015?.

  • martizr's picture

    It was only 68.5 this time because we did not receive enough good proposals. The annual budget has not been reduced.

    Erwan @EASME

  • SRB's picture

    Could you please elaborate how the reduced number of supported projects (and thus reduced budget allocated) in this round could be due to fewer good proposals than in previous rounds - when the number of proposals scoring over threshold was higher in the March round than in both the September and December rounds.
    (September: proposals received around 600, proposals over threshold around 130
    December: proposals received around 600, proposals over threshold around 180
    March: proposals recieved around 600, proposals over threshold around 230)

    It seems that the number of good proposals actually increased in the March round...?


  • Alexandra 's picture

    I would like to tap on that: If the official reason for the low budget in this call is that there were not enough "good" proposals, how can it be that only from our region (Brandenburg/Germany) there were 4 proposals OVER the threshold, but NOT receiving funding? Erwan, could you please comment on that? Thank you

  • ATRC's picture

    Here below is a comparison for the 3 cut off's for Phase 2. Clearly something has changed with the March cut off. So far the only answer that there were not enough good proposals is clearly not backed up by the facts.

    Cut off Proposals Proposals over threshold Number Funded Value €m

    Mar 15 614 230 37 68.5

    Dec 14 629 180 74 116

    Sep 14 580 132 60 108

    Despite there being many more good proposals which met threshold, the number and value successful was roughly half of those previously. All we are asking is why?

  • Gregor's picture

    You were right about the four cut-offs in 2015 and two cut-offs in 2014. That is why it seems the budget is lower for 2015. In 2014 there were two cut-offs and in 2015 there will be four alltogether. And this is the reason why there were only 37 projects selected for the first cut-off. The budget was the same for two cut-offs in 2014 and for four cut-offs in 2015.

Add new comment

Please answer this question
Enter the characters shown in the image.