5 Irish SMEs to receive a share of €104m of Horizon 2020 funds
By Rebecca Wright
Posted: 15 March, 2017
Companies in Limerick, Cork, Clare, Dublin and Galway are among 71 small and medium-sized companies (SMEs) from 22 countries that have been selected for funding in the latest round of the Horizon 2020 SME Instrument Phase 2.
A total of 1,534 applications were submitted for consideration for the January 2017 deadline and 5 Irish SMEs were among those chosen to co-ordinate projects.
The SMEs will receive in total just over €10m of the €104m – almost 10%.
Spanish SMEs were the most successful with 19 companies selected for funding but Ireland shared second spot with Germany with five companies.
| Company | Field | Amount of EU contribution (€) Total 2,498,905 |
|---|---|---|
| DP Designpro Ltd, Abbeyfeale | Stimulating the innovation potential of SMEs for a low carbon and efficient energy system | 1,934,657 |
| Luxcel Biosciences Ltd., Cork | Accelerating the uptake of nanotechnologies advanced materials or advanced manufacturing and processing technologies by SMEs | 1,028,534 |
| Altratech Ltd, Shannon | Supporting innovative SMEs in the healthcare biotechnology sector | 2,969,000 |
| Axonista Ltd., Dublin | Open Disruptive Innovation | 1,707,125 |
| Sláinte Beoga Ltd., Galway | Stimulating the innovation potential of SMEs for sustainable and competitive agriculture, forestry, agri-food and bio-based sectors | 2,498,905 |
