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EC invests 15.4 million Euro in fourteen Spanish SMEs

  • Fecha de evento 08 mayo 2016
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  • Publicación 08 mayo 2016
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This was Spain’s most successful year since the instrument was established in 2014, with the 14 projects receiving a total of €15.4 million, and half of the projects were Catalan.


Spain is the country which will receive most funding, €15.4 million, €9 million of which will go to these Catalan projects. Germany comes in second position and is due to receive €14.8 million euros from the Horizon 2020 instrument.

Most of the projects selected to receive European funds are related to IT and communications (9), transport (7), energy efficiency (6) and food production (6).

Overall, 50 SMEs from 14 European countries were selected in phase 2 of this year’s Horizon 2020 SME Instrument and are likely to receive €2.5 million, and perhaps up to €5 million for those projects related to health.

Since its establishment in 2014, the Commission’s Horizon 2020 SME Instrument has invested in 406 SMEs, 21 of which have been Catalan. The instrument works to support SMEs, which represent 99 percent of all businesses in the EU.