In a previous article about “HORIZON 2020: SME INSTRUMENT” we already talked about the Horizon 2020 SME Instrument funding scheme, dedicated exclusively to those SMEs with a revolutionary business idea and breakthrough products, services, processes or models.
Now the SME Instrument evolves and becomes part of the European Innovation Council (EIC) pilot, which supports top class innovators, entrepreneurs and small companies with funding opportunities and acceleration services.
The main focus of the EIC Accelerator (SME Instrument) is on market-creating innovations that shape new markets and generate jobs, growth and higher standards of living.
Therefore, the Accelerator (SME Instrument) is addressed to those small and medium-sized enterprises (SMEs) and start-ups with radically new ideas for rolling out marketable innovation solutions and with ambitions to scale up in Europe and worldwide.
It targets for-profit SMEs only, including young companies and start-ups, from any sector – there are no set topics