Cleandrone secures EU innovation grant
As part of the Horizon 2020 programme, the European Commission selects potentially disruptive businesses with global ambitions, to invest in through the SME (small and medium enterprise) instrument.
The instrument is structured in three phases with the aim of transforming disruptive ideas in to innovative solutions with a global impact. Cleandrone has successfully applied for Phase 1 of the instrument and the EU has awarded us €50,000 in funding and will undertake a feasibility study to verify the concept. This success opens up the route to securing Phase 2, which includes EU funding of between €0.5 million and €2.5 million to help take the company forward.
This is a major success for Cleandrone and the award shows the strong growth potential of the company and confirms we are at the forefront in developing innovative, cutting edge technology.
Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of available funding. With the heavyweight political backing of Europe’s leaders and MEPs it is seen as a key driver of economic growth and job creation.
With support from the Horizon 2020 programme of the European Union.