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Small and medium-sized enterprises (SMEs)

To aid small and medium-sized enterprises (SMEs) wishing to apply for IMI funding, this page provides a summary of information on SME involvement in IMI projects as well as advice for applicants. This SME portal will be further developed and expanded in the coming months.

 

SMEs in IMI projects

SMEs are a key feature of the European pharmaceutical research and development landscape, and IMI strongly encourages SMEs to get involved in its projects.

  • 109 teams from 94 SMEs are involved in IMI’s 40 ongoing projects from the first 6 Calls for proposals
  • The majority of these SMEs are biotech companies; of the rest, most are IT / data management companies, and a few work in project management.
  • SMEs account for 15% of IMI funding beneficiaries and receive 19% of IMI’s budget under the first 6 Calls.

 

SMEs and IMI funding eligibility

To be eligible for IMI funding, SMEs must meet the EU’s official definition of an SME, which can be summarised as follows:

  • has fewer than 250 employees;
  • has an annual turnover not exceeding €50 million, and/or;
  • has an annual balance sheet total not exceeding €43 million.

Under IMI’s rules, SMEs that meet the EU definition when the project starts remain eligible for IMI funding throughout the project, even if they lose their SME status during the project. IMI provides funding to eligible organisations as follows:

  • Direct eligible costs (personnel, consumables, equipment, etc.)
  • Research activities: a maximum of 75% of total eligible costs
  • Other activities, including management and training activities: a maximum of 100% of total eligible costs
  • Indirect eligible costs (=overheads): EITHER calculated according a flat-rate of 20% of direct eligible costs OR actual indirect costs (organisations may choose the method that suits them best)
  • SME owners who do not receive a formal salary may use a flat rate similar to the one used in the EU’s FP7 People programme.

For more information on IMI’s funding rules, consult the Financial Guidelines  and model Grant Agreement

 

Apply for IMI funding

IMI now publishes a number of Calls for proposals throughout the year.

 

Help and advice

 

Useful links