Three out of five successful Finnish SME Instrument Phase 2 projects were customers of Invent Baltics

Recent round of H2020 SME Instrument brought great success to Finland with 5 companies receiving funding for their Phase 2 projects. 3 of the successful companies were customers of Invent Baltics with a total of more than 5MEUR in funding.


Finland has been a successful participant in the Horizon 2020 SME Instrument with more than 29 successful companies receiving funding during the last two years. Invent Baltics has been a proud supporter of innovation in Finland with 9 successful Phase 2 projects bringing approximately 13MEUR of EU investments to Finland.

SME Instrument is a dedicated funding instrument under the Horizon 2020 Research and Innovation programme that supports innovative SMEs in Europe. Phase 2 funding is targeted to SMEs with particular focus on product development, demonstration activities and market replication.

With this positive note, Invent Baltics would like to congratulate all our Finnish clients, friends, partners and colleagues and wish you all a great Independence Day.