H2020 SME instrument - success stories

11/01/2016
Diego Gutiérrez
H2020 SME instrument - success stories
SME Instrument is a funding programme for SMEs that have the ambition to grow, develop and internationalise through an innovation project with a European dimension, high risk and business potential. The programme is developed in two phases. Phase 1 consists of the elaboration of a detailed Business Plan. Phase 2 consists of obtaining a prototype, demonstrator or pilot project close to the market.

 

Cut-off dates for the year 2016- 2017

 

Results third call h2020 2015

 

A total of 141 SMEs from 24 different countries have been selected for funding in the last cut of SME Instrument Phase 1, out of the 1873 companies that applied.

Spain, with 24 projects financed in the last call, has positioned itself in second place after Italy in terms of the number of projects financed. Furthermore, Spain is currently leading the rankings of beneficiary SMEs in Phase 1 with a total of 216 beneficiary companies.

Due to the high level of competition, those companies with proposals that passed the demanding evaluation thresholds but were not funded due to budgetary constraints, have for the first time received the so-called "Seal of Excellence", an official document issued by the European Commission, which will open the door to funding at national level.

Wetech, an example of a company that has been successful in H2020 PHASE 1

Wetech is one of the 22 European SMEs funded in the ICT area, out of the 448 projects submitted in the last call.

Wetech's project focuses on the development and demonstration of new wearables for payments. This project was submitted to the ICT category, which funds "Open Disruptive Innovations".

With the support of the H2020 programme, Wetech will strengthen its capabilities in the development and production of wearables for payments.

 Wetech has a clear differentiating element in the care of its designs and the quality of its materials, offering solutions with attractive aesthetics to encourage widespread adoption by bank customers. These wearables for payments have other interesting advantages, beyond their aesthetics, such as not needing batteries or recharging, i.e. they are always operational, just like a normal bank card.

 

 

 

If you think you can participate in H2020 SME instrument, please contact us. Abra-Invest has a team of experts in public funding at your disposal to accompany you in a successful process. Call us on + 34 946424142 or fill in the contact form.

Other posts that may interest you

Profound success of Horizon SME instrument in Spain

Who can be beneficiaries of the H2020 SME instrument?

H2020 - SME instrument

 

 

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