We are very pleased to announce that we just received a support from the European Commission. The Instrument SME - Phase 1 is a grant awarded within the Horizon 2020 (H2020) program. This 50k€ funding is extremely competitive and awarded to about 8.4% of the applicant projects (2017 data). It will help us to further accelerate our development program through the funding of business and technical validity studies.
INSTRUMENT SME - PHASE 1
Horizon 2020, the EU research and innovation programme, will support 257 small and medium-sized companies (SMEs) from 31 countries with €12.65 million of funding under this cut-off of the SME instrument. Each SME will receive €50,000 to prepare feasibility assessment plans, known as phase 1 of the SME instrument. The companies will also receive coaching and business acceleration services. The Instrument SME - Phase 2's award can fund project from 0.5 to 2.5M€.