Updates to SME Instrument Phase II Summer 2019
New updates for SME Instrument Phase II are now available. We have summarized the most important information below.
Starting this summer, for the upcoming 9 October deadline, SME Instrument Phase 2 will offer an additional option to apply for. Currently, the grant consists of €2.5M. This summer, the additional option (blended finance) will combine the grant (€2.5M) with an equity investment from the European Commission (maximum €15M). This option is intended for early-stage and mature innovations for scale-up purposes. There is a total budget available of €100M for equity, within the 2019-2020 pilot phase.
For more information and the full call texts visit the website of EC -> European Commission Funding Programs Horizon 2020