175 projects have been selected for funding under the last 2015 SME instrument cut-off date. One of these was presented by an innovative Tuscan SME with support from Resolvo Srl.
2057 proposals were presented under Phase 1, bringing the success rate of funded proposals up to 8.4%. Spain was particularly successful with 39 SMEs funded, followed by Italy (37) and UK (20).
The projects approved will receive 50,000 to finance feasibility studies for new innovative products.
The next cut-off date for SME instrument Phase 1 is 24 February 2016.
