H2020 Call for Proposals: SME instrument
Topic identifier: EIC-SMEInst-2018-2020
The SME Instrument supports high-risk, high-potential small and medium-sized enterprises to develop and bring to market new products, services and business models that could drive economic growth. The SME Instrument is for innovators with ground-breaking concepts that could shape new markets or disrupt existing ones in Europe and worldwide.
Proposals can be funded after a thorough evaluation by multinational panels of technology, business and finance experts. Selected companies receive funding and are offered business coaching to scale up their innovation idea, and can also receive mentoring. They are helped in networking with other SME Instrument clients, with other companies of all sizes, and with potential co-investors and follow-up investors across Europe. As an SME Instrument client, you will gain visibility and boost your chances of success in European and international markets.
The SME Instrument provides full-cycle business innovation support. It has three phases, including a coaching and mentoring service.
> Feasibility study: Phase 1 - helps SMEs to get a grip on the R&D, technical feasibility and commercial potential of a ground-breaking, innovative idea and develop it into a credible business plan for scaling it up. Phase 1 funding is a lump sum of €50 000.
> From concept to market: Phase 2 - focusing on strategic business plans, expected outcome of the project and criteria for success, expected impacts on the company in both qualitative and quantitative terms. Grant funding is provided (funding rate 70%) of between €0.5 million and €2.5 million. Phase 2 offers a grant only support to SMEs in need of one last push before the scaling-up phase and it will offer blended finance (combining grant and equity) to SMEs looking to further develop their idea.
Please note that Phase 1 was discontinued after the final deadline of 05 September 2019. Applicants may apply directly to Phase 2, for the blended finance option following the cut-off date of 5 June 2019 for Phase 2.
An overview of the evaluation results for Phase 1 is available here.
Grant only funding is provided (funding rate 70%) of between €0.5 million and €2.5 million. Under the blended finance option, the grant component is limited to €2.5 million combined with an equity component of up to €15 million.
> Commercialisation: Phase 3 - helps SMEs take advantage of additional EU support extended via a range of business support services offered on the EIC Community Platform
Please find more information on the topic conditions and documents here.
Deadline model: multiple cut-off
|SME-1 SME instrument phase 1||SME-2 SME instrument phase 2|
|08 February 2018 17:00:00||10 January 2018 17:00:00|
|03 May 2018 17:00:00||14 March 2018 17:00:00|
|05 September 2018 17:00:00||23 May 2018 17:00:00|
|07 November 2018 17:00:00||10 October 2018 17:00:00|
|13 February 2019 17:00:00||09 January 2019 17:00:00|
|07 May 2019 17:00:00||03 April 2019 17:00:00|
|05 September 2019 17:00:00||05 June 2019 17:00:00|
SME-2b SME Instrument (grant only and blended finance) - Deadline Model: multiple cut-off:
|09 October 2019 17:00:00 Brussels time|
|08 January 2020 17:00:00 Brussels time|
|18 March 2020 17:00:00 Brussels time|
|19 May 2020 17:00:00 Brussels time|
|07 October 2020 17:00:00 Brussels time|