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189 small-and-medium-sized enterprises (SMEs) from 26 countries were selected by the European Commission to benefit from the SME Instrument for a total of 8,7million euro of funding. It will finance feasibility studies for new products.

The 21st of April, the European Commission selected 189 small and medium-sized enterprises (SMEs) from 26 countries for a total of 8.7 million euro of funding under the latest round of the Horizon 2020 SME Instrument. The funding will finance feasibility studies for new products but as well three days of free business coaching.
The projects receiving funding are, for instance, a technology to turn residue from the wheat milling process into biodegradable packaging, a robotic inspection and cleaning system for solar panels, a low energy technology to capture CO2 from gasses , and a cost-reducing train maintenance system for early detection of wheel defects.

Since its launch in 2014, 1473 SMEs have benefited from funding for feasibility studies under the SME instrument 

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HORIZON 2020 - (2.3.2.) INDUSTRIAL LEADERSHIP - INNOVATION IN SMES - SMES INSTRUMENT - Enhancing SME innovation capacity by innovation support