Irish SMEs among winners in Commission Programme



Gerry O'Sullivan

Posted: 3 June, 2018

Two Irish companies are among a total of 242 small and medium-sized enterprises (SMEs) from 30 countries who have been selected for funding under the latest round of the SME Instrument. The companies will receive a share of the total budget of €12 million to help SMEs to get their innovations faster on the market.

They are  Thalman Health Limited from Cork (www.thalmanhealth.com) for a project – “SENSYU Reimagining Infection Detection: Continuous Monitoring of Heart Rate & Core Body Temperature”.   Dublin Company Vizlegal Limited (www.vizlegal.com) will undertake a project “Building the world’s largest Application Programming Interface (API) for law, Vizlegal will change how legal information is utilised and understood by the legal industry”.

Under Phase 1 of SME Instrument, each project receives a lump-sum of €50.000 to carry out a feasibility study. Under Phase 2, each project receives from €0.5 to €2.5 million to finance innovation activities such as demonstration, testing, piloting and scaling up. In addition, companies under both phases can benefit from free coaching and business acceleration services.

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