Greek’s map for granting the regional development aid between 2014 – 2020 is approved
13 May 2014
HR Policies and Tools
15 May 2014

Call for submission for small or medium sized businesses (SME’S) Pursuant to the HORIZON’s 2020 SME INSTRUMENT – EXPIRED –

New call for SME’S: HORIZON’s 2020 SME instrument

Update: The bellow call has been expired. The new call dates for submission for Horizon 2020 SME Instrument can be found in this link.

About the Programme “HORIZON’s 2020 SME INSTRUMENT”

Are you a highly innovative, ambitious and passionate small or medium-sized business with global ambitions and need mentorship and funding?
The next deadline for submitting applications (cut-off date) for Phase 1 and Phase 2 of the “Horizon’s 2020 SME Instrument (SME Instrument)” is on 17.09.2015.

The SME Instrument constitutes one of the activities of the EU funding Programme «Horizon 2020», which aims to fund innovative projects that will help SMEs grow and expand their activities.
The SME Instrument is implemented in three phases with the aim of transforming disruptive ideas into concrete, innovative solutions with a European and global impact: (SME Instrument).

Phase 1 [Concept & Feasibility Assessment]


Cut-off date1) 17/06/2015
2) 17/09/2015
3) 25/11/2015
ConceptCarry out a feasibility study to verify the viability of the proposed disruptive innovation or concept.
Budget€50,000 (EU Grant)
Duration::6 months

Phase 2 [Demonstration, Market Replication]


Cut-off date1) 17/06/2015
2) 17/09/2015
3) 25/11/2015
ConceptThe SME will further develop its proposal
through innovation activities, such as demonstration, testing, piloting, scaling up, and miniaturisation.
Budget€500,000 - €2,500,000 (70% up to 100% of EU Grant)
Duration:12-24 moths

Phase 3 [Commercialisation]


ConceptSMEs will receive extensive support, training, mentorship and facilitating access to risk finance as the project is further polished into a marketable product. (Venture Capitals, Business Angels, etc.)

SMEs may apply to either Phase 1 or Phase 2 of the call. It is recommended however to apply firstly to Phase 1 as this will facilitate procedures towards Phase 2 of the call.


The SME Instrument will sponsor SMEs operating within 13 themes:

  • High risk ICT innovation
  • Nanotech, or other advanced tech for manufacturing and materials
  • Space research and development
  • Clinical research for the validation of diagnostics devices and biomarkers
  • Sustainable food production and processing
  • Blue growth
  • Low carbon energy systems
  • Greener and more integrated transport
  • Eco-innovation and sustainable raw material supply
  • Urban critical infrastructure
  • Biotechnology-based industrial processes
  • Mobile e-government applications (2015 only)
  • SME business model innovation (2015 only)

All material and submission process for the submission for small or medium sized businesses (SME’S) Pursuant to the “HORIZON’s 2020 SME INSTRUMENT” is conducted in the English language.

For detailed information:

Tel:+302106835560 , Fax: +30210 6835551

VK PREMIUM BUSINESS CONSULTANTS LTD, one of the best and fast growing consulting companies established in 2007 with the scope of providing specialized services to companies and organizations from the commercial, services and manufacturing industries, from the private and public sectors.

VK PREMIUM guides its clients into selecting the appropriate investment incentive programs, as well as EU co-financed programs (Horizon 2020, Erasmus+, Interreg, Jessica, Black Sea Cross Border Cooperation, MED, South East Europe, Europaid, Daphne, Espon, European Regional Development Fund, European social Fund) that perfectly meet the needs of their business as well as into organizing, developing and applying best practices.

The company carries significant knowhow and has consulted over 500 companies from several sectors of the economy including tourism, logistics and supply chain, renewable energy sources, waste management and energy conservation, food and beverage.