SME instrument: more than 1,900 new applications received24 September 2014 was the second cut-off date for Horizon 2020’s SME Instrument phase 1 . EASME received 1,944 new proposals, which makes in total more than 4,600 when adding up the applications submitted in June.
First 155 SME Instrument beneficiaries announcedThe European Commission has today published a list of the 155 small and medium-sized enterprises (SMEs) that will be first to benefit from its new €3 billion SME Instrument. 155 SMEs from 21 countries will each receive €50,000 to finance feasibility studies for their projects, and they can also benefit from up to three days of business coaching.
SME instrument statistics for the first cut-off date of phase 1 releasedThe evaluation of proposals submitted before the first cut-off date for Phase 1 (18 June) is over. 155 projects from 21 countries have been pre-selected for funding. They will receive €50,000 to finance a feasibility study and up to 3 days of mentoring.
SME Instrument: 6 lessons learnt from the first evaluation (that are also tips for the applicants)As the SME Instrument is a brand new funding opportunity, we did not know what to expect from the first round of applications. As we said on many occasions, the Instrument is very selective and only the best of the best can succeed. We received some excellent proposals – 155 champions of innovation will soon get €50,000 to finance a feasibility study. But many proposals that were not good enough to compete in the innovation champions’ league.
SME instrument celebrates first great success after first cut-off dateThe 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.