What EU funding is available to a SME?

Cresco Innovation will provide advice on which EU bid to target.

There are currently 3 major types of EU bids for SMEs.

Horizon 2020 Dedicated SME instrument Phase 1 (a feasibility study) and Phase 2, and the Fast Track to Innovation Pilot (link). The Dedicated SME instruments Phase 1 and Phase 2 are split into categories (or calls). Each project will need to fit into a category. Cresco Innovation will advise on which call is likely to have the best chance of the project receiving funding.

Your project must at least be at a Technology Readiness Level (TRL) of 6.

TRL 6 – technology demonstrated in relevant environment (industrially relevant environment in the case of key enabling technologies)

With the Fast Track to Innovation, the result of the project is the launch of product or service within 3 years of the project starting, and the product or service should have been proven in the operational environment (TRL 9).


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