The first applications are in, and the first results for the European Commission's Horizon 2020 SME Instrument have surpassed expectations! The first cut-off date has just passed on 18 June 2014, and 2 666 proposals have been submitted.
The open disruptive innovation scheme attracted the most proposals (885), followed by low carbon energy systems (372), nanotechnologies (305) and eco-innovation/raw materials (241). The general expected success rate for applications in this cut-off date is of 6.2%.
Italy led the number of applications (436), with Spain as a close second (420), followed by the United Kingdom (232), Germany (188), France (167) and Hungary (166).
The majority of SMEs applied individually, and most consortia were of two SMEs.
The EASME plans to have evaluated the proposals by the end of July 2014.
After our first exciting results, we are looking forward to working together with SMEs to promote disruptive innovation in Europe.
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