At Idearist we are specilized in the SME instrument, a public financing programme that offers up to 2.5 Million Euros to the most innovative European SMEs and Startups.
The instrument provides full-cycle business innovation support from the stage of business idea conception and planning (phase I) over business plan execution and demonstration (phase II) to commercialisation (phase III).
The SME Instrument offers small and medium-sized businesses the following:
Business innovation grants for feasibility assessment purposes (phase I): €50,000 (lump sum) per project.
Business innovation grants for innovation development & demonstration purposes (phase II): an amount in the indicative range of EUR 500,000 and 2,5 million (70% of total cost of the project as a general rule).
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