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Top-class innovative projects get €113 million from the EIC SME Instrument

The companies will receive a total amount of €113 million to share between their projects to get their innovations faster on the market.

Examples of the projects selected include a sensory feedback system for phantom pains, a new technology for micro motors, a control system for e-bikes that extends battery autonomy, a distance communication system for drones, a valuation tool for start-ups based on artificial intelligence, an add-on solution for industrial robots to improve their accuracy and a new ecological packaging based on straw fibers.

The companies will be supported in the so-called Phase 2 of the SMI Instrument, which means that each project, 63 in total, will receive up to €2.5 million to finance innovation activities like demonstration, testing, piloting and scaling up. The companies will also benefit from 12 days of free business coaching and acceleration services.

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The SME Instrument can be an exceptional opportunity for Brussels SMEs but is very competitive. Calls are continuously open with quarterly cut-off dates for evaluation.

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Aug 24, 2018 . 1 min read
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