End of the SME Instrument Phase 1

04-10-2019

The so-called Phase 1 of the Horizon 2020 SME Instrument has now been effectively terminated, with only the Phase 2 instrument – now called the EIC Accelerator – remaining for the rest of the Horizon 2020 programme, and to be continued in the new Horizon Europe programme running from 2021 to 2027.

The Phase 1 funded ”feasibility studies” leading up towards the preparation of Phase 2 proposals for large grants of up to 2.5 Million Euro for market preparation and deployment activities. The grant offered to Phase 1 beneficiaries was 50.000 Euro.

With the recent September 2019 deadline gone, and all evaluation results now received, Innovayt is able to finally close our books on the Phase 1 instrument, which has been a resounding success for our clients. Since the inception of the SME Instrument in 2014, Innovayt has secured Phase 1 funding for more than 110 projects, with a success rate as high as 74 percent for all proposals fully prepared by Innovayt consultants.

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