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Example of administrative forms and template for the technical annex for proposals for SME instrument Phase 1 Version 1.0 11 December 2013 Disclaimer This document is aimed at informing potential
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How to fill out sme instrument phase 1

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How to fill out SME Instrument Phase 1?

01
Start by accessing the official SME Instrument Phase 1 application form on the European Commission's website.
02
Provide all the necessary information about your company, including its name, address, and contact details.
03
Fill in the project title and a concise summary of your business idea or innovative project.
04
Clearly define the objectives and expected outcomes of your proposed project.
05
Present a detailed description of your business, its products or services, and the market you target.
06
Outline the innovative aspects of your project and explain how it addresses a market opportunity or solves a societal challenge.
07
Provide a comprehensive work plan, including the activities, tasks, and milestones you plan to accomplish.
08
Create a budget plan that reflects the estimated costs of your project, including personnel, equipment, and other expenses.
09
Describe the expertise and experience of your team, emphasizing their ability to successfully carry out the proposed project.
10
Include any additional relevant information, such as previous funding received or partnerships established.
11
Review and proofread your application thoroughly before submitting it, ensuring all sections are completed accurately and coherently.

Who needs SME Instrument Phase 1?

01
SMEs (Small and Medium-sized Enterprises) that are established in a European Union member state or a Horizon 2020 associated country.
02
Companies, startups, or entrepreneurs with an innovative business idea or project that has the potential for economic growth and societal impact.
03
Businesses in various sectors, including but not limited to technology, manufacturing, services, and agriculture.
04
Entities that seek funding and support to develop a groundbreaking product, service, or process, and bring it closer to the market.
05
Individuals or organizations that wish to access business coaching and mentoring services to further enhance their innovation capabilities.
06
Companies that are willing to engage in cross-border and international collaborations to foster market expansion and opportunities.
07
Innovators who aim to validate the feasibility and viability of their project before moving on to larger-scale implementation.
08
Enterprises with a strong drive for research and development, seeking financial resources to translate their ideas into tangible results.
09
SMEs that are looking to gain visibility and recognition at the European level, accelerating their growth and competitiveness.
10
Entrepreneurs who wish to benefit from networking events, workshops, and specialized trainings offered within the SME Instrument ecosystem.
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The SME Instrument Phase 1 is a funding and support program for small and medium-sized enterprises (SMEs) in the European Union.
SMEs in the EU looking to develop innovative products, processes, or services can apply for the SME Instrument Phase 1 funding.
To apply for the SME Instrument Phase 1, SMEs need to submit a project proposal outlining their idea, team, budget, and potential impact.
The purpose of the SME Instrument Phase 1 is to help SMEs validate their business ideas and innovations in order to prepare them for larger-scale funding opportunities.
Information regarding the project idea, market potential, budget, and expected outcomes must be reported on the SME Instrument Phase 1 application.
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