{"id":6198,"date":"2019-03-13T13:37:29","date_gmt":"2019-03-13T13:37:29","guid":{"rendered":"https:\/\/www.mi.government.bg\/?page_id=6198"},"modified":"2022-01-11T10:56:20","modified_gmt":"2022-01-11T10:56:20","slug":"instrument-za-malki-i-sredni-predpriyatiya","status":"publish","type":"page","link":"https:\/\/www.mi.government.bg\/en\/general\/instrument-za-malki-i-sredni-predpriyatiya\/","title":{"rendered":"SME Instrument"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"color: #29588e;\"><em><strong>Updated last 26.03.2021<\/strong><\/em><\/span><\/p>\n<p style=\"text-align: justify;\"><strong>What is the program about?<\/strong><\/p>\n<p style=\"text-align: justify;\">SME Instrument is a pilot initiative of the European Innovation Council launched in October 2017 as part of <a href=\"https:\/\/www.mi.government.bg\/en\/general\/programa-horizont-2020\/\" target=\"_blank\">Horizon 2020 Program<\/a>. Currently the programme period has expired. Ongoing is the preparation of the future framework program <a href=\"https:\/\/www.mi.government.bg\/en\/general\/programa-horizont-evropa\/\" target=\"_blank\">Horizon Europe<\/a> which is a followup of the Horizon 2020 Program.<\/p>\n<p style=\"text-align: justify;\">\u00a0<\/p>\n<p style=\"text-align: justify;\"><strong>What is the main goal of the program?<\/strong><\/p>\n<p style=\"text-align: justify;\">The goal of the initiative is to promote fast growth of companies and their business oriented innovation via staged financing and supply of services for acceleration of business activities.<\/p>\n<p style=\"text-align: justify;\">\u00a0<\/p>\n<p style=\"text-align: justify;\"><strong>What is the budget of the program?<\/strong><\/p>\n<p style=\"text-align: justify;\">For 2018-2020 the SME Instrument is with a budget of around EUR 1.6 bln. for supporting innovative ideas for products, services or processes ready to be deployed on global markets.<\/p>\n<p style=\"text-align: justify;\">\u00a0<\/p>\n<p style=\"text-align: justify;\"><strong>How is the budget under the program allocated?<\/strong><\/p>\n<p style=\"text-align: justify;\">Candidates can get funding for their innovative ideas to translate them into new products, services or processes after they go through three phases.<\/p>\n<p style=\"text-align: justify;\">\u00a0<\/p>\n<p style=\"text-align: justify;\"><strong>Who is eligible to apply under the program?<\/strong><\/p>\n<p style=\"text-align: justify;\">SMEs (incl. startups) are eligible to apply. The instrument supports SMEs with radically new ideas backed by a business plan, for market innovation solutions and ambitions for expansion. High-risk SMEs with high potential for designing and dissemination of new products, services, and business models that can further economic growth are financed.<\/p>\n<p style=\"text-align: justify;\">\u00a0<\/p>\n<p style=\"text-align: justify;\"><strong>What are the main stages of the program?<\/strong><\/p>\n<p style=\"text-align: justify;\">The SME Instrument includes the following three phases:<\/p>\n<ul style=\"text-align: justify;\">\n<li><strong>Stage      1: Concept and evaluation of implementation capabilities<\/strong> \u2013 focused on looking at the      technological, practical and economic viability of an idea that is highly      innovative for the relevant sector. Eligible expenses can include risk      assessment, design, or market research, intellectual property research. At      the end of the project under Stage 1 the beneficiary must present a      business plan for applying in Stage 2. Stage 1 funds <strong>70% of necessary      project implementation expenses up to EUR 50 thou.<\/strong> Average duration of      this phase is 6 months;<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Stage      2: Research and development, demonstration, commercialization<\/strong> \u2013 financing for proof of      concept, testing, prototyping, pilot projects, upscaling studies,      miniaturization, design, market replication and other similar activities      related to translation of innovative ideas into readiness for industrial      deployment and commercialization maturity. Eligible expenses are for      personnel, trips, equipment, infrastructure, goods and services. Stage 2      finances <strong>70% of necessary project implementation expenses in a range      between EUR 0.5 and 2.5 mln.<\/strong> Average duration of this phase is 1-2 years;<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Stage      3: Business development acceleration <\/strong>\u2013 this phase provides no direct funding, yet for      the most successful and robust projects it provides facilitated access to      venture financing, loans, guarantees, public procurement and other      instruments under Horizon 2020 or COSME that are designed jointly with      financial institutions such as the European Investment Bank, the European      Investment Fund, etc.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">\u00a0<\/p>\n<p style=\"text-align: justify;\"><strong>What are the deadlines for application in calls for proposals under the program?<\/strong><\/p>\n<p style=\"text-align: justify;\">The call for proposals is open all the time, with four separate cut-off dates in a year for submission of project proposals.<\/p>\n<p style=\"text-align: justify;\">\u00a0<\/p>\n<div class=\"O0\" style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><strong>How can you apply under the program?<\/strong><\/p>\n<table style=\"width: 100%; border: 2px solid #afabab; border-color: #afabab; border-width: 2px;\" border=\"2\">\n<tbody>\n<tr>\n<td style=\"background-color: #4f81bd; border: 1px solid #4f81bd;\" colspan=\"2\"><span style=\"color: #ffffff; \"><em><strong>For more information<br \/><\/strong><\/em><\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ffffff; width: 20px;\"><span style=\"\"><img loading=\"lazy\" decoding=\"async\" title=\"For more information\" src=\"https:\/\/www.mi.government.bg\/files\/useruploads\/images\/msp\/computer_-_more_information.png\" alt=\"For more information\" width=\"40\" height=\"42\" \/><\/span><\/td>\n<td style=\"border: 1px solid #ffffff;\">\n<p style=\"text-align: justify;\"><span style=\"\">Additional information about applying is available on the website of:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"\"><a href=\"https:\/\/ec.europa.eu\/info\/funding-tenders\/opportunities\/portal\/screen\/opportunities\/topic-search;freeTextSearchKeyword=;typeCodes=0,1;statusCodes=31094501,31094502;programCode=null;programDivisionCode=null;focusAreaCode=null;crossCuttingPriorityCode=null;callCode=Default;sortQuery=openingDate;orderBy=asc;onlyTenders=false\" target=\"_blank\">European Commission: SME Instrument.<\/a><\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"\">Application guidelines are available on the website of:<\/span><\/p>\n<ul>\n<li><span style=\"\"> <a href=\"https:\/\/ec.europa.eu\/easme\/en\/section\/sme-instrument\/how-apply\" target=\"_blank\">European Commission: SME Instrument.<\/a><\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><span style=\"color: #993300; \"> <\/span><\/p>\n<p style=\"text-align: justify;\">\u00a0<\/p>\n<table style=\"width: 100%; border: 2px solid #afabab; border-color: #afabab; border-width: 2px;\" border=\"2\">\n<tbody>\n<tr>\n<td style=\"background-color: #4f81bd; border: 1px solid #4f81bd;\" colspan=\"2\"><span style=\"color: #ffffff; \"><em><strong>For more information<br \/><\/strong><\/em><\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ffffff; width: 20px;\"><span style=\"\"><img loading=\"lazy\" decoding=\"async\" title=\"For more information\" src=\"https:\/\/www.mi.government.bg\/files\/useruploads\/images\/msp\/computer_-_more_information.png\" alt=\"For more information\" width=\"40\" height=\"42\" \/><\/span><\/td>\n<td style=\"border: 1px solid #ffffff;\">\n<p style=\"text-align: justify;\"><span style=\"\">More general information on the SME Instrument is available on the website of:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"\"><a href=\"https:\/\/ec.europa.eu\/programmes\/horizon2020\/en\/h2020-section\/sme-instrument#Article\" target=\"_blank\">European Commission;<\/a><\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"\"> <a href=\"http:\/\/ec.europa.eu\/research\/participants\/portal\/desktop\/en\/opportunities\/h2020\/ftags\/sme_instrument.html#c,topics=flags\/s\/SME\/1\/1&amp;+callIdentifier\/desc\" target=\"_blank\">European Commission: Calls for Proposals<\/a>.<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Updated last 26.03.2021 What is the program about? SME Instrument is a pilot initiative of the European Innovation Council launched in October 2017 as part of Horizon 2020 Program. Currently the programme period has expired. Ongoing is the preparation of the future framework program Horizon Europe which is a followup of the Horizon 2020 Program. [&hellip;]<\/p>\n","protected":false},"author":150,"featured_media":0,"parent":6419,"menu_order":1000,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"tags":[],"class_list":["post-6198","page","type-page","status-publish","hentry"],"lang":"en","translations":{"en":6198,"bg":6197},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/pages\/6198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/users\/150"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/comments?post=6198"}],"version-history":[{"count":0,"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/pages\/6198\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/pages\/6419"}],"wp:attachment":[{"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/media?parent=6198"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/tags?post=6198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}