The SME Instrument is impact oriented. It is focused on finding the best SMEs and not only giving them a grant but also business innovation coaching. Beneficiaries can receive up to 15 days of coaching (3 days at phase 1 and 12 days at phase 2).
Coaches will help the beneficiaries to progress over the life cycle of their innovation, from idea to proof of concept, to first pilot application and finally upscaling and expansion. They will empower the SME to cope with challenges such as developing their strategy and organisation, identifying their market and improving ability to attract finance.
List of coaches that have worked for the SME Instrument beneficiaries can be found here.
(Last update: October 2016)