The first cut-off date for submitting proposals to the SME Instrument has just passed on 18 June 2014

 

According to the figures made public by the EASME (Executive Agency for Small and Medium-sized Enterprises) the amount of applications submitted has surpassed the agency’s expectations. In total 2,666 proposals have been submitted for an overall theoretical maximum success rate of 6%, although the number of proposals submitted per topic is far from being uniform. Several topics – notably ICT-37 Open Disruptive Innovation with 885 proposals – have received an avalanche of applications which will lead to very low success rates. Among all the applications, 85% were submitted during the last 48 hours. According to Bernd Reichert, Head of Unit at “SMEs in Horizon 2020”, this last minute wave will create an temporary overflow, thereby preventing other proposals received after the cut-off from being evaluated after the evaluation of the first batch of 2,666 proposals is finished. Check out more info and statistics at: http://ec.europa.eu/easme/SME-instrument-celebrates-first-great-success-after-first-cut-off-date_en.htm

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