HORIZON 2020 EU GRANTS

Horizon 2020 is the European Framework Programme for research and innovation. It is subsequent to FP7 and covers the period 2014-2020. Horizon 2020 supports research and innovation projects and programmes in ground breaking basic research, strategic and applied research, demonstration projects and close-to-market activities. Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness. In principle Horizon 2020 combines all research and innovation funding previously provided through the Framework Programmes for Research and Technological Development, the innovation related activities of the Competitiveness and Innovation Framework Programme (CIP) and the European Institute of Innovation and Technology (EIT). The total budget of Horizon 2020 will be 70.2 billion EUR for the period 2014-2020.

SME Instrument

The SME instrument has been designed specifically for single or groups of highly innovative SMEs with international ambitions, determined to turn strong, innovative business ideas into winners on the market. The instrument provides full-cycle business innovation support from the stage of business idea conception and planning (phase I) over business plan execution and demonstration (phase II) to commercialisation (phase III). Participants will be able to call on business innovation coaching for the duration of their project.

  • Phase I (proof-of-concept): Explore the scientific or technical feasibility and commercial potential of your new idea in order to develop an innovation project, with the help of a € 50,000 grant, and receive more support in case of a positive outcome!
  • Phase II (development & demonstration): Develop your sound, ground-breaking business idea further with the help of a grant in the order of € 500,000 to 2,5 million into a market-ready product, service or process!
  • Phase III (go-to-market): Take advantage of additional EU support to enter the market successfully (no grants).

For more information about the SME instrument, please see the H2020 Online Manual and related FAQ.