Get funded!

ImpactCity The Hague, in collaboration with VanPaz and the Rijksdienst voor Ondernemend Nederland (RVO), launched:

GetFunded!

In this programme, professional grant consultants, supported by the RVO experts, work closely with you to prepare a top-notch 10-page application for Horizon 2020 SME instrument phase 1 call closing on February 15, 2017. The SME Instrument awards a €50,000 grant to the best European SMEs and offers the possibility apply for much higher amounts – up to €2,5M – later on (here more information).

The GetFunded! initiative has been a great success: we have received 85 applications from SMEs based in region of The Hague.

The evaluation committee – composed by three experts from the municipality of The Hague, RVO, and VanPaz, respectively – has judged them according to the following criteria, matching those defined by the European Commission:

1) Fit to  one of the 12 topics of the SME Instrument Phase 1

2) Maturity of the innovation

3) Excellent of the innovation

4) Impact of the innovation

The impact in the City of The Hague has been used as a tiebreaker between applications that had achieved the same score.

Among the 10 winning companies, 4 are based in The Hague, 3 in Delft, 3 in Leiden, and 1 in Rotterdam. Additionally, VanPaz has decided to work with two additional companies – one in Leiden and one in Delft – at their own costs. Yet another evidence of how excellent the applications have been!

The winners will work closely with the experts from VanPaz and RVO to write an excellent application for the Horizon 2020 SME Instrument, one of the most prestigious (and difficult to get) European grants for SMEs. The proposals will be submitted in February and the results will be public in April. Good luck to all of them!

And in the following, the list of the winning companies (in alphabetical order)

Better Future Factory (www.betterfuturefactory.com)

Q42 (www.q42.com)

In Ovo (http://project.inovo.nl)

Karbe (www.karbecleantech.com)

Leiden Spin Imaging (leidenspinimaging.com)

Leyden Jar Technologies (www.leyden-jar.com)

Single quantum (www.singlequantum.com)

Somnox (www.somnox.nl)

Tracks Inspector (https://tracksinspector.com)

VSParticle (www.vsparticle.com)

Wolk (http://wolkcompany.com)

Follow Impact City on Facebook and Twitter, we will tell you more about them in the coming weeks!

Did you miss the deadline? Here you can find the information:

Download the flyer getfunded-flyer-1-1

Download the 1 pager getfunded-flyer-1pager

What happens after February 15th?

In about 8 weeks you will know whether you get €50.000 or not. If not…don’t despair yet. You may re-apply and the EC will give you an evaluation report with their expert opinion. There is a deadline every 3 months, so you will have about 4 weeks to revise your proposal and resubmit. Many companies only get the grant on the second or third try, even if their application is of the highest quality, just because competition is fierce.

And good to know: it is called phase 1 for a reason. Many successful companies use the phase 1 grant to prepare an application for phase 2, which requires a mature 30-page business plan. But the potential reward may make it worth it: from €500.000 up to €2.500.000 may be granted to successful applicants.