Ivan FILUS BIC Bratislava Enterprise Europe Network SME NCP / Access2Finance NCP SME Instrument Experiences from the first calls Results, recommendations, main problems and feedback from Slovak SMEs SME Instrument Experiences from the first calls Results, recommendations, main problems and feedback from Slovak SMEs
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Ivan FILUS BIC Bratislava Enterprise Europe Network SME NCP / Access2Finance NCP
SME Instrument Experiences from the first calls
Results, recommendations, main problems and feedback from Slovak SMEs
SME Instrument Experiences from the first calls
Results, recommendations, main problems and feedback from Slovak SMEs
SME Instrument vs. SBIR
Only for-profit SMEs established in the EU or associated countries may apply for funding and support
Single company support possible
70% funding (exceptions possible)
No obligation for applicants to sequentially cover all three phases
Innovative SMEs with a potential to develop, grow and have an international impact
Focused on established SMEs with high growth potential
Clear European dimension
SME instrument Your Highway to deliver Innovation to the Market
PHASE 3: Commercialisation
~ 2% budget (Phase 3 + coaching scheme/Phase 1&2)
Not designed to be a sequential phase, Phase 3 will also support activities in parallel to Phase 1 and Phase 2 participation
Main issues to be implemented:
Promote instrument as quality label for successful projects
Facilitate access to private finance
Support via networking, training, mentoring, information addressing i.e. IP management, knowledge sharing, dissemination
SME window in the EU financial facilities (debt facility and equity facility)
Possible connection to public procurement activities
SME Instrument: Guiding principles
• It is mainly about the innovative business
– financing a business growth through innovation
– new product, technology, service = driving force
• SMEI is a complex process
– consists of three phases
• open access (but not completely)
– possibility of presenting innovative ideas (BUT in a more or less pre-defined areas)
Step 0
• before you start writing
• internal / external evaluation
– idea / concept
– business idea
– suitability of the instrument (SMEI) • Financing possibilities
• Time frame
• Administrative restrictions
Submission of the proposal -
recommendations
• Register in advance - PIC/LEAR
• Do not wait for the cut-off date
• Read the documents / ask for assistance
• ATTENTION! – you cannot re-write the submitted proposal