SME Instrument

Up to €2.5 million for innovation

Horizon 2020´s SME Instrument is a European Commission programme for the most innovative SMEs.

The aim of the SME Instrument is to transform disruptive ideas into concrete, innovative solutions with a European and global impact.

Any SME from a European Union member state or selected associated countries may apply

Companies can receive funding of up to €2.5 million, and business coaching

Funding is given to the most innovative companies and the best prepared projects.

Phases

  • Phase 1 Feasibility Assessment

    Evaluation of the business potential through the technical and economic analysis

  • Phase 2 Development

    Preparation of innovative idea to market implementation (business and technical aspects)

  • Phase 3 Comercialization

    Support during the introduction of the product to the market

Requirements

Small and medium enterprise (SME)
Innovation disruptive on a global scale
Prototype TRL 6 or higher
Company is reliable
Small and medium enterprise (SME)
  • Company may employ up to 250 people with a maximum annual turnover of € 50 million.
  • A company may apply alone or participate in a consortium with business partners.
  • The full definition of SME provided by the European Commission is available at:

http://ec.europa.eu/enterprise/policies/sme/files/sme_definition/sme_user_guide_en.pdf

Innovation disruptive on a global scale

Disruptive innovation changes the rules of existing markets or creates new ones.

The project should solve a particular problem and there should be a real market demand for the solution.

Prototype TRL 6 or higher

Technology readiness levels are used to describe the maturity of technological solutions.

TRL 6 means that the technology has been demonstrated in an operational environment. There should be a working prototype that has been successfully tested.

Company is reliable

As long as you are an established SME you can apply for funding, whether you are a start-up or a company with 20 years of experience.

Your chances increase if the company has been operating for more than 2 years and has at least a few employees.

€ 3.2 billion is the total budget of the SME Instrument

Funding

The European Commission is directly funding projects in two phases, depending on the maturity of the solution.

Phase 1

funding
€ 50 000 per project
  • Up to 6 months
  • 70% funding
  • Feasibility study preparation (business and technical)
  • Free business coaching

Phase 2

funding up to
€ 2 500 000 per project
  • Up to 24 months
  • 70% funding
  • Demonstration activities: testing, prototyping, design, scaling-up, miniaturization and pilot actions.
    Business plan preparation.
    Communication activities.
  • Free business coaching

Phase 3

funding
No funding per project
  • Time adjusted individually
  • No direct funding
  • Support is provided through assistance in accessing to venture capital and other EU financial instruments and innovation support
  • Free business coaching

We´re happy to help, just send an email to hello@getzafiro.com, and we will get back to you shortly.

Deadlines 2019

2019

9th of January 2019

13th of February 2019

3rd of April 2019

7th of May 2019

5th of June 2019

5th of September 2019

9th of October 2019

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