brochure about sme instrument in horizon 2020 programme
DESCRIPTION
Businesses can now get EU funding and support for innovation projects that will help them develop and expand into other countries – in Europe and beyond. The funding is available through the SME Instrument, part of the EU's Horizon 2020 programme. The SME Instrument offers small and medium-sized businesses: - funding for innovation projects in two phases concept and feasibility assessment phase (phase 1); - innovation project (phase 2); - support services to help you make money from your innovation, including help accessing private financing–commercialisation (phase 3); - coaching – to enhance the firm's innovation capacity and help align the project to strategic business needs. To qualify for funding or other support, a project must fit one of the current bottom-up SME Instrument topics.TRANSCRIPT
Research and Inno vation
The SME instrument has been designed to help fill a financing gap for business innovators with international ambitions.
Commercialization
Reso
urce
s In
vest
ed
Development
Funding Gap (range: 1-3 m€)
Research
PublicFunds
PrivateFunds
Industry
Venture Capital
Angel Investors
IT OFFERS… ✓ Funding to find out whether your innovative idea can
translate into market success ✓ Financial support for the development of your
innovative ideas at an early, high-risk stage ✓ Concrete and easy business support and coaching
from design to market, on the basis of a business (innovation) plan
✓ Guidance on how to identify and attract private investors
The SME Instrument is the tool to give your business a boost!Find out more at http://ec.europa.eu/research/sme_funding
You are determined to grab the wheel of successful innovation…• You represent one single SME or a consortium of
SMEs• You have a radically innovative idea that can
create value at the EU level• You want to make your business grow in Europe
and beyond
….but you are still looking for support to help you go from idea to market, such as …
… financing to develop your idea into a groundbreaking product, service or business model that works?
… a strategy or more skills and competences to export your innovation successfully?
… EU-wide promotion of your innovative business activities, which can help you to tap into new market andfinancingopportunities?
Go for the SME Instrument, € 3 billion over the period 2014-2020 to support Europe’s best innovative SMEs!
• Visit the Horizon 2020 Participant Portal, and check out the area in which your SME could get support…
• Prepare a brief business plan…• After an independent review, the best ideas will
receive EU funding and support
The SME Instrument is a new initiative under Horizon 2020, the EU Framework Programme for Research and Innovation.http://ec.europa.eu/research/horizon2020/index_en.cfm
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SMEYour highway toinnovation
The
Instrument
doi:10.2777/43984
PHASE I
Grant of € 50,000 (lump sum) + coaching support
PHASE II
Grant of € 0.5 Million to € 2.5 Million (70% of funding)* + coaching support
*as a general rule
PHASE III
Risk Finance (Private/Public)
Concept & Feasibility AssessmentIdea to Concept
Demonstration Market Replication R&DConcept to Market-Maturity
CommercialisationMarket-Maturity to Market Launch
6 months 12-24 months
The SME Instrument SEAMLESS BUSINESS INNOVATION SUPPORT FROM IDEA TO MARKET…
…YOUR HIGHWAY TO DELIVER INNOVATION ON THE MARKET!
ACTIVITIES SUPPORTEDPROOF OF CONCEPT
✓ Prove Technical and Commercial Viability
✓ Explore IP Regime
✓ Design Study
✓ Develop Pilot Application
✓ Risk Assessment
DEMONSTRATION OF COMMERCIAL POTENTIAL via ✓ Prototyping
✓ Testing
✓ Piloting
✓ Miniaturization
✓ Scaling-up
✓ Application Development
GO-TO-MARKET ✓ EU Quality Label (Promotion & Networking with
Financiers/Clients)
✓ Investment Readiness Training
✓ SME window in the EU Financial Facilities (debt &
equity backed by EIB/EIF)
✓ Link to Public Procurement Networks
Elaborated Business Plan
Idea > Business Plan
Apply at any time!
CommercialisableOutput
Market Success