Press Release: EU SME Instrument: first 155 winners of grants announced

The European Commission published on the 18 September 2013 a list of the 155 small and medium-sized enterprises (SMEs) that would be first to benefit from its new €3 billion SME Instrument. 155 SMEs from 21 countries would each receive €50,000 to finance feasibility studies for their projects, and they could also benefit from up to three days of business coaching. After that, their projects might be considered for further financial support from the Commission worth up to €2.5 million.

European Commission: RAPID: MEMO/14/533: Tech start-ups and SMEs share €90m of EU funds to disrupt the European markets http://europa.eu/rapid/press-release_MEMO-14-533_en.htm

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