(+34) 912 908 084 info@innovarum.es

SME Instrument

The SME Instrument has been designed specifically for single or groups of highly innovative SMEs with international ambitions, determined to turn strong, innovative business ideas into winners on the market. The instrument provides full-cycle business innovation support from the stage of business idea conception and planning (phase I) over business plan execution and demonstration (phase II) to commercialisation (phase III).

Phase I

Explore the scientific or technical feasibility and commercial potential of your new idea in order to develop an innovation project, with the help of a € 50,000 grant, and receive more support in case of a positive outcome.

Phase II
(development & demonstration)

Develop your sound, ground-breaking business idea further with the help of a grant in the order of € 500,000 to 2,5 million into a market-ready product, service or process.

Phase III

Take advantage of additional EU support to enter the market successfully (no grant associated).

In Innovarum we are experts in this programme.

We have participated since the first call, and we have already submitted over 30 proposals. Through this programme we have the pleasure to work with some of the most innovative SMEs in Europe helping them to bring their innovative ideas to the market.

We have an excellent funding rate, 10-folding the EU average:


Funding rate Ph I


Funding rate Ph II