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.

CompanyFieldAmount of EU contribution (€)

Total 2,498,905
DP Designpro Ltd, AbbeyfealeStimulating the innovation potential of SMEs for a low carbon and efficient energy system1,934,657
Luxcel Biosciences Ltd., CorkAccelerating the uptake of nanotechnologies advanced materials or advanced manufacturing and processing technologies by SMEs1,028,534
Altratech Ltd, ShannonSupporting innovative SMEs in the healthcare biotechnology sector2,969,000
Axonista Ltd., DublinOpen Disruptive Innovation1,707,125
Sláinte Beoga Ltd., GalwayStimulating the innovation potential of SMEs for sustainable and competitive agriculture, forestry, agri-food and bio-based sectors2,498,905

Map of Beneficiaries

Full List SME Instrument Phase 2 Beneficiaries January 2017

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