The European Union provides support to European small and medium-sized enterprises (SMEs).
This is available in different forms such as grants, loans and, in some cases, guarantees. Support is available either directly or through programmes managed at national or regional level, such as the European Union’s Structural Funds. SMEs can also benefit from a series of non-financial assistance measures in the form of programmes and business support services.
EU Financial Instruments for SMEs 2014 - 2020 ...
HORIZON 2020 – Support to foster high-potential innovation
HORIZON 2020, through SME Instrument, offers SMEs the following:
- Business innovation grants for feasibility assessment purposes: 50,000 € per project (70% of total cost of the project);
- Business innovation grants for innovation development & demonstration purposes: an amount in the indicative range of EUR 500,000 and 2,5 million (70% of total cost of the project as a general rule);
- Free-of-charge business coaching;
- Access to a wide range of innovation support services and facilitated access to risk finance, to facilitate the commercial exploitation of the innovation.
For more information about HORIZON 2020, contact our team.
COSME – Support to create favorable business environment and competitiveness
The new programme is first and foremost an instrument that will improve access to finance for SMEs, support their internationalization and improve their access to markets. 60% of COSME's estimated budget of €2.3 bn will be dedicated to financial instruments, providing guarantees (up to €150.000 €) and venture capital and encouraging the flow of credit and investment into the SME sector.
For more information about COSME, contact our team.