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SME INSTRUMENT PHASE 1 FINAL REPORT SME Instrument Phase 1FINAL REPORT Grant Agreement number: Acronym: Title: Type of the action: SME Instrument Phase 1 Date of the latest version of Annex I against
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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 website of the European Commission's SME Instrument program.
02
Create an account or log in to your existing account.
03
Locate the application form for SME Instrument Phase 1 and click on it.
04
Read through the instructions and guidelines provided carefully to understand the requirements and evaluation criteria.
05
Begin filling out the application form, starting with basic information about your company.
06
Provide a concise and clear description of your project and its objectives.
07
Explain the innovative nature of your project and how it addresses a market gap or societal challenge.
08
Provide a detailed explanation of the expected impacts and potential benefits of your project.
09
Include information about your business model, target market, and competitors.
10
Outline your project's work plan, indicating the key milestones and deliverables.
11
Clearly state your project's budget, including costs for personnel, subcontracting, travel, etc.
12
Review the completed application form to ensure all relevant information is included and accurate.
13
Submit the application form before the deadline.
14
Await the evaluation and notification of results from the European Commission.

Who needs SME Instrument Phase 1:

01
Small and medium-sized enterprises (SMEs) based in an EU member state or a country associated with the Horizon 2020 program.
02
SMEs engaged in research and development activities with a groundbreaking and innovative business idea.
03
SMEs seeking funding and support to bring their innovative products, processes, or services to the market.
04
SMEs aiming to scale up their operations and expand internationally.
05
SMEs in need of financial resources and technical expertise to further develop their business concept.
06
SMEs looking for opportunities to accelerate their growth and gain visibility in the European market.
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SME Instrument Phase 1 is a funding scheme of the European Commission designed to support small and medium-sized enterprises in their early-stage development.
Small and medium-sized enterprises looking for funding for their innovative projects are required to file SME Instrument Phase 1.
To fill out SME Instrument Phase 1, applicants need to submit a project proposal outlining their innovative idea and explaining how it meets the criteria set by the European Commission.
The purpose of SME Instrument Phase 1 is to provide financial support to small and medium-sized enterprises to help them develop and commercialize their innovative ideas.
Information that must be reported on SME Instrument Phase 1 includes details about the project, the team involved, the market analysis, the innovation potential, and the budget.
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