5 Irish SMEs to receive a share of €104m of Horizon 2020 funds

By eurireland, Wednesday, 15th March 2017 | 0 comments

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 (€)
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

Map of Beneficiaries

Full List

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