Almost two out of three companies funded by the SME Instrument have put their innovation out on the market and met commercial successes thanks to the grant. The SME Instrument has acted like an accelerator that has helped the funded companies to bridge the so-called “Valley of Death”. The independent report concludes that the SME Instrument delivers growth and market creation with large spill-over effects on society – all thanks to its flexible grant scheme, its exclusive acceleration support and its unique design that offers small grants to unicorns at an early stage of development.
Click the link for further info: https://ec.europa.eu/easme/en/news/accelerating-success-60-funded-innovations-reached-commercial-success-thanks-sme-instrument
