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SME Instrument Report 2018
05. June 2018 News

SME Instrument Report 2018

Thanks to its “smart money” the SME Instrument programme bridges the critical investment gap in early-stage innovation and makes market-creating innovation easier in Europe.

Thanks to its “smart money” the SME Instrument programme bridges the critical investment gap in early-stage innovation and makes market-creating innovation easier in Europe. 

Since its start in 2014, the SME Instrument has invested €1.3 billion in a unique selection of 3 200 small and medium-sized enterprises (SMEs) to get their breakthrough innovations faster on the market. With a network of 750 international business coaches and a growing community of global business and finance partners from the corporate and VC world, the SME Instrument gives the right business support and coaching to get companies ready to scale up and go global. Each €1 invested by the SME Instrument generated €1.6 of private investment and this is just a glimpse of the companies’ potential. Companies funded under Phase 2 of the programme have benefitted from a 118% increase in turnover and a 158% increase in employment two years down the line.

Looking ahead, in 2018 the SME Instrument has become a central pillar of the European Innovation Council (EIC) pilot that focuses even more on market-creating innovation. The SME Instrument brings forward a new evaluation process involving a Jury of investment experts responsible for selecting the most innovative small businesses for funding.

More info about the SME Instrument HERE

Next cut-off dates for SME instrument phase 1:

05 September 2018 17:00:00 
07 November 2018 17:00:00 
13 February 2019 17:00:00 
07 May 2019 17:00:00 
05 September 2019 17:00:00 
06 November 2019 17:00:00 
12 February 2020 17:00:00 
06 May 2020 17:00:00 
02 September 2020 17:00:00 
04 November 2020 17:00:00

Next cut-off dates for SME instrument phase 2:

10 October 2018 17:00:00 
09 January 2019 17:00:00 
03 April 2019 17:00:00 
05 June 2019 17:00:00 
09 October 2019 17:00:00 
08 January 2020 17:00:00 
18 March 2020 17:00:00 
19 May 2020 17:00:00 
07 October 2020 17:00:00 

On EU level our success rate is over 40%, which is a respectably high percentage, compared to the 5% average on the EU level.

 

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