1. Catalysing European Innovation
The first two years of implementation of the SME Instrument
Bernd Reichert
European Agency for Small and
Medium-sized Enterprises (EASME)

2. 3 bn Euro programme until 2020
7500 SMEs to be supported

4. 26.031 proposals received (2014-2016)
1879 projects €
695 M€ budget allocated
860 finalised (phase 1)

5. Currently around 60 days to inform about funding
Always some delays for the last cut-off of the year

8. NACE codes: In terms of Industry sectors NACE code level 1 "Manufacturing" is by far the most represented (24%)

15. On 1 December 2015, Immunovia a Swedish SME in the life science sector went public on NASDAQ and gathered 6,4M€.
In March 2015, the European “SME instrument” provided a grant of 4,2M€ for clinical validation of a serum protein biomarker signature for the early diagnosis of pancreatic cancer.
"The SME instrument has been a decisive financial and confidence support to convince investors to subscribe to our share issue this year (2015) required to entry in the market in US and EU."
Mats Grahn Immunovia, CEO

16. Feeling without touching
Company founded in 2013, Bristol (UK)
Jaguar Land Rover investigates ultrasound gesture controls in cars
Grants and Funding: 
March 2015: 1.5M€ Phase 2 grant
November 2015: private A round of 10.1 M£
Website: 
channel/UCN1OKsIVyMxskq0apQA8Y1A

17. 183 jobs created in one year
eVision, a Dutch SME that obtained a 2,3 M€ Phase 2 grant in 2015 for developing its flagship product: the eVision Predictive Vision Software. The aim is to decrease the likelihood of fatal accidents at work. The SME instrument grant helped them to grow double digit in the last months, and to create 183 high qualified jobs in Europe in less than 1 year.

18. Thank you very much