In May 2016, JIC has launched a new programme - SME Instrument Brno aiming to support small and medium-sized enterprises from South Moravian region developing innovative products that were positively evaluated but not funded under Phase 1 of the Horizon 2020 SME Instrument. These companies are awarded a ‘Seal of Excellence’ certificate as a label of a high-quality project proposal. The ‘Seal of Excellence’ offers a unique opportunity to fully exploit the high-quality Horizon 2020 evaluation process and to easily identify and support high-impact proposals coming from promising innovative companies, with an ambition to grow and compete internationally.
In South Moravian region the alternative funding for Seal of Excellence holders is provided by SME Instrument Brno programme. This is a unique programme in the Czech Republic and it provides a grant equivalent to €50,000 to companies that to fund feasibility study and market validation. The programme is financed by Brno City Municipality.