Workero secured its first funding in the Horizon 2020 SME Instrument

Some time ago Workero applied for EU funding from the Horizon 2020 SME Instrument of the European Commission. This ambitious program’s objective is to boost company growth and market-creating innovation thanks to staged funding and ramped up business acceleration services.

Workero is proud to announce that we have been deemed innovating and trailblazing enough to receive the 1st funding from this program. We’re now getting ready for the 2nd phase of the funding process.

What is Horizon 2020?

Horizon 2020, one of the funding opportunities that is part of the European Innovation Council, is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe’s global competitiveness.

Horizon 2020 is a means to drive economic growth and create jobs and has the political backing of Europe’s leaders and the Members of the European Parliament. They agreed that research is an investment in our future and so put it at the heart of the EU’s blueprint for smart, sustainable and inclusive growth and jobs.

By coupling research and innovation, Horizon 2020 is helping to achieve this with its emphasis on excellent science, industrial leadership and tackling societal challenges. The goal is to ensure Europe produces world-class science, removes barriers to innovation and makes it easier for the public and private sectors to work together in delivering innovation.

Horizon 2020 is open to everyone, with a simple structure that reduces red tape and time so participants can focus on what is really important. This approach ensures new projects get off the ground quickly – and achieve results faster.

An important tool to achieve this goal is funding. But H2020 has more to offer. It also offers the opportunity to become part of the its community, by offering support for further developing investment readiness, linking with private investors and customers through brokerage activities and events (including trade fairs), assistance in applying for further EU risk finance, and a range of other innovation support activities and services offered via the Enterprise Europe Network (EEN).

On top of that Innovation and Business Development Coaching is offered in to enhance the company’s innovation capacity, align the project to the identified business development strategy, develop the commercial/economic impact and long term sustainability, obtain access to follow-on finance Coaching is provided by experienced business coaches, selected through the aforementioned Enterprise Europe Network (EEN).

The EU Framework Programme for Research and Innovation will be complemented by further measures to complete and further develop the European Research Area. These measures will aim at breaking down barriers to create a genuine single market for knowledge, research, and innovation.

We couldn’t have done this without the guidance of Finnova, our trusted partner. They helped us structure and submit the application. That’s why we expanded our partnership with them and created Proptech House and the PropTech Startup Europe Awards to help startups and scaleups in PropTech to gain access to the funding programs of the European Commission.

Proptech House

We launched the Proptech House with several partners like the aforementioned Finnova, Proptech Lab, and many others. Its mission is to support a sustainable European PropTech market and to create a positive impact on the European living environment and beyond.