The European Commission received 2596 proposals from 43 countries for SME Instrument Phase 1 before the latest cut-off date on 9 November 2017. The initial cut-off date of 7 November was extended by two days due to miscommunication on the Participant Portal.
Small and medium-sized businesses selected funding under the Horizon 2020 SME Instrument Phase receive a lump-sum of €50.000 from the EU to co-finance up to 70% of their innovation project.
Most proposals were submitted in the topics ICT (668) ICT for health (260) followed by sustainable food and agriculture (239) and nanotechnologies (238). The largest number of proposals was submitted by Italian applicants (440) followed by Spanish (403), French (150) and British (147) applicants. 97% of applicants were single SMEs.
Results for this cut-off will be published around mid-December 2017. The next cut-off for Phase 1 will be under the European Innovation Council Pilot on 08/02/2018. See what changes for the SME Instrument.