The SME instrument has been designed specifically for single or groups of highly innovative SMEs with international ambitions, determined to turn strong, innovative business ideas into winners on the market. The instrument provides full-cycle business innovation support from the stage of business idea conception and planning (phase I) over business plan execution and demonstration (phase II) to commercialisation (phase III). Participants will be able to call on business innovation coaching for the duration of their project.
- Phase I (proof-of-concept): Explore the scientific or technical feasibility and commercial potential of your new idea in order to develop an innovation project, with the help of a € 50,000 grant, and receive more support in case of a positive outcome!
- Phase II (development & demonstration): Develop your sound, ground-breaking business idea further with the help of a grant in the order of € 500,000 to 3 million into a market-ready product, service or process!
- Phase III (go-to-market): Take advantage of additional EU support to enter the market successfully (no grants).
The SME Instrument Calls relevant to SSPC members are:
NMP-25 Call Open Deadline 17th Dec 2014 and reopening in 2015
The NMP-25 Call centres around Accelerating the uptake of nanotechnologies, advanced materials or advanced manufacturing and processing technologies by SME’s. This Call is aimed specifically at SME’s and aims to bring technology and production to industrial readiness and maturity for commercialisation after the project. If your organisation is interested in conducting a feasibility study verifying the technological/practical as well as economic viability of an innovation idea then this call may be of benefit. The project must demonstrate high potential in terms of competiveness and growth underpinned by a strategic business plan. Innovation activities should focus on activities that aim to bring ideas to industrial readiness and maturity for market introduction, but may also include research.
Maximum EU contribution EUR 2.5 million for projects in duration of 12 – 24 months.