What can the SME Instrument do for you? The Instrument, promoted by the European Innovation Council is able to provide support through funding and access to expertise for SMEs looking to grow and innovate. Not only can the support lead to direct success, but can also contribute later down the line as was the case for companies Radisurf and Applied Nano Surfaces. Radisurf took home the prize for the most innovative company and Applied Nanosurfaces won best pitch at an exclusive brokerage event promoted by the European Innovation Council pilot in the world leading industry trade show in Germany. After a very demanding selection process, 70 SME Instrument funded companies were selected to pitch their ideas and vision for the future of industry, under the motto ‘Industry 4.0 and Smart Factory solutions’.
The event was organised by the EIC SME Instrument Business Acceleration Services, the Enterprise Europe Network and NBank, as part of a service promoting deals and business ventures between upcoming SMEs funded by the European Innovation Council pilot and corporate leaders.
Learn more about the winning companies:
Radisurf is developing and producing a specialised nanocoating for direct, strong, and tight adhesion between hard materials and polymer materials called Radibond. Radibond is a patented methodology and formulation for producing a nanometer thin, strongly bonded coating on metals, glass, ceramic, or carbon. With the Radibond coating on your materials, you can apply the polymer material through direct overmolding or a variety of standard welding techniques and obtain strong metal-polymer assemblies.
Applied Nano Surfaces has developed unique technologies to treat the surfaces of mechanical parts to lower friction losses, increase durability and minimise the wear in industrial machines and equipment. ANS products consist of: ANS Triboconditioning®, a mechano-chemical surface finishing process that improves the tribological properties of components made of steel and cast iron, ANS TriboNite®, an advanced thermal processing and coating technology that combines the advantages of nitriding processes with the superior properties of solid lubricant coatings and ANS Tricolit®, a series of thermocured surface coatings serving to reduce friction and wear, and suitable for use on a variety of materials.
For more information and the full article, visit the EASME website.
The EU will support 257 small and medium-sized companies (SMEs) from 31 countries who aim to get their innovations faster to the market. The companies have been selected in the latest round of the SME Instrument, which is part of the recently launched European Innovation Council (EIC) pilot. The funding of €12.65 million in total comes from Horizon 2020, the EU research and innovation programme.
Examples of the projects selected to receive EU funding include solar street lights, software that uses augmented reality to help industrial plants monitor their production chain, a diagnosis tool for sleep apnoea, an innovative mobile payment technology, a custom-made paint vending machine and a wrapping machine for sustainable packaging.
In this phase of the SME Instrument (the so-called Phase 1), each project will receive €50 000 to draft a business plan. There are 253 projects in total as several companies can team up to propose one project. The companies will also get three days of free coaching and business acceleration services.
Most companies selected for funding work in the field of health, engineering and information and communication technology (ICT). Most companies are based in Spain (45), Italy (28) and Israel (23).
The European Commission received 2009 proposals for this first Phase 1 cut-off of the SME Instrument this year. The next application deadline for SME Instrument Phase 1 is in May 2018.
Applications for phase 1 or phase 2 can be submitted at any time, as the SME Instrument is managed as a permanently open call with several cut off dates per year. Applications are evaluated as soon as there are submitted.
On 12 June, a limited number of SME Instrument companies working in Industry 4.0 smart factory solutions will have the opportunity to pitch their ideas to investors and network with corporate representatives and other entrepreneurs in an exclusive event promoted by the SME Instrument Business Acceleration Services.
The event welcomes all innovative approaches to industrial automation and innovative manufacturing technologies. Prepare yourself to make a short pitch about your company (5 minutes), which will be followed by a brief question and answer session. If you are a Phase 1 or Phase 2 SME Instrument company with a solid international business strategy and are committed to participating in the event, we welcome you to apply.
Innovation is the best way to increase productivity and growth. Implementing industry 4.0 solutions and systems might generate enough momentum to ensure the EU’s position as a global manufacturing and industry leader. By enabling innovations across the entire value chain, start-ups and medium-sized companies are in a privileged position to tackle the new challenges posed by digitalisation and interconnection of products.
If you fit the description above then don’t miss out on this opportunity to join the next industrial revolution, and apply here until 13 May.
For more information on the competition, and to learn about similar events, read the full article on the EASME website.