The SME Instrument is the Horizon 2020 tool for boosting strong growth and internationalisation of potentially disruptive business aiming at becoming world-market leaders. It is addressed to highly innovative single European SMEs or consortiums from all economic sectors, preferably already established for a while.<\/span><\/p>\n
The SME Instrument is based on the European Commission analysis on the resources available for SMEs during the innovation cycle. They evidence how public funding is generally available for the first research phase of innovation, and private funding from angel investors, venture capitalists and industry can be accessed at the last commercialisation phase. However, there is a persistent funding gap in the intermediate development phase of innovation. The transition towards development, development, and the transition towards commercialisation is the core innovation phases the SME Instrument intends to support.<\/span><\/p>\n