Latest results: European Commission to invest € 73 million in 50 innovative companies under the SME Instrument - European Commission

Latest results: European Commission to invest € 73 million in 50 innovative companies under the SME Instrument - European Commission
50 SMEs from 14 countries have been selected in the latest round of Horizon2020 SME Instrument Phase 2. Each project, 47 in total, will receive up to € 2.5 million (€ 5 million for health projects) to bring their product from pilot-phase to the market. The European Commission received 553 project proposals involving 689 participants by 3 February, the first cut-off date for Phase 2 in 2016.