HOW DOES THE BUDGET OF THE SME INSTRUMENT WORK?

The budget of the SME Instrument is a part of the Horizon 2020 budget. It represents 7% of the Company’s Challenges and Leadership in Industrial Technologies.

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The European Commission publishes a biannual work program including the amounts dedicated to each topic. For the SME Instrument 500 million € have been allocated for 2014 and 2015; 10% for Phase 1, 88% for phase 2 and 2% for evaluation and coaching. The quantities are equally divided among the four cuts.

The services of the European Commission in charge of the different subjects could decide to increase their contribution annual budget in order to avoid a premature exhaustion of the budget. This depends on budget availability in other areas of Horizon 2020.

The most complicated part refers to areas with little budget. The amount allocated to projects is not reduced during the process of preparing the grant. Therefore, a single project could use more money than expected for a cut-off point, thus exhausting the budget towards the end of the year.

HORIZON2020: RESULTS OF THE SME INSTRUMENT

Image result for horizon 2020On September 24, the deadline for submitting proposals in Phase 1 of the SME Instrument of the Horizon2020 program was completed. EASME ( Executive Agency for Small and Medium-sized enterprises ) received 1944 new proposals, which amounts to more than 4600 with those submitted in June.

The ranking by countries continues as last June, with Italy leading the number of applications (351), followed by Spain (283), United Kingdom (149), Germany (128), France (93), and Hungary (91 ).

The topic with the highest number of proposals is ODI ( Open Disruptive Innovation ) with 608, followed by energy systems with low carbon emissions with 268, nanotechnologies (234) and eco-innovations and raw materials (199)

The result of the evaluation is expected to be available by November 2014.

The list of the first 155 beneficiaries of the SME Instrument in phase 1 was published on September 18. Those selected will receive € 50,000 to finance feasibility studies of the projects and may benefit from up to three days of coaching.
From INBIOTIC-ESMEDAGRO as a consultant of the HORIZON2020 We invite you to participate in the next call for which we will offer you the necessary advice. The next date for the submission of proposals to phase 1 is December 17, 2014.