Sulapac Ltd receives €1.9 million grant for the implementation of Horizon 2020 SME Instrument Phase 2 project

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Invent Baltics consultants supported Finnish technology company Sulapac in preparing a successful SME Instrument Phase 2 project proposal. Sulapac has created Sulapac^® material that has all the benefits of plastic, but without the waste problem. The wood-based material is 100% biodegradable and contains 0% microplastics, yet it is similar to plastic in terms of price, formability and functionality.

The project with a total budget of €2.8 million focuses on turning the innovation into a scalable business to replace plastic packaging mainly in cosmetic and food industries.

Horizon 2020 SME Instrument provides an excellent opportunity for small and medium sized companies to get financial support for product development and also for commercial uptake. Applying for Horizon 2020 SME Instrument should be considered if your company:

• has developed a novel technological solution with a superior value proposition
• has already contracted the first customers and believes there is strong market demand for the solution
• has tested and validated a prototype proving the benefits of the technology.

The next SME Instrument cut-off date for Phase 2 projects is 09.01.2019. Invent Baltics OÜ provides initial consultancy regarding funding opportunities within the Horizon 2020 Research and Innovation programme free of charge.

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