A total of 57 small and medium-sized companies form 17 countries have been selected for funding under the latest round of the SME Instrument. This is the first round of small businesses selected under the recently launched European Innovation Council (EIC) pilot. The companies, selected following face-to-face interviews with a jury of innovators, entrepreneurs and venture capitalists, will receive a total […]
Read moreOverall aim The SME Instrument call is directed at SMEs with a revolutionary business idea and an underlying technology, all based on a business plan for rolling out a marketable innovation solution – and with an ambition to significantly scale up. In 2018-2020 under the European Innovation Council (EIC), this instrument focuses on market-creating innovations, […]
Read moreEvaluation criteria overview Excellence: Credibility of the approach, soundness of concept, clarity and pertinence of the objectives, extent of ambition, innovation potential Impact: As explained in Work Programme, exploitation communication and dissemination plan Quality & Efficiency of Implementation: Coherence, effectiveness, complementarity in the consortium, risk and innovation management, appropriateness of management structures and procedures Excellence […]
Read moreEXPECTATION Proposals to SME Instrument are expected to: Demonstrate an understanding of the technology and market environment, to select and justify the project objectives Present a credible and viable methodology to achieve the project objectives Deliver innovations with impact Demonstrate the ability and capability to deliver, including work Plan, governance, policies, systems, structures, operational processes […]
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Read moreEU DEFINITION OF AN SME AM I AN ENTREPRISE ? According to the definition, an enterprise is ‘any entity engaged in an economic activity, irrespective of its legal form’. An economic activity is usually seen as ‘the sale of products or services at a given price, on a giv- en/direct market’. The category of micro, […]
Read moreH2020’S SME INSTRUMENT– Objectives and approach The SME Instrument is an impact oriented approach that must be addressed in all sections at all stages of the project development. PURPOSES : Delivering strategic technologies that can drive competitiveness and growth. Looking for Europe’s next innovation leaders. H2020’S SME INSTRUMENT– FUNDING SCHEME The SME Instrument is an […]
Read moreSME INSTRUMENT’S KEY WORDS IP and IPR IP is the product of the mind or research, it is a result, a valuable asset that can be traded. IP is a key asset of a project which brings outputs. IPR is about commercial usage of an IP. They were designed to encourage innovators with financial incentive […]
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