Have you received funding but don't know what to do next?

[udoy]

Receiving a grant is undoubtedly one of the most important stages in the development of your company, which requires an appropriate strategy and approach. It is worth considering how best to use these funds to achieve your goals. As experts who assist you on a daily basis in the internationalisation process, in this article we will try to filipina whatsapp offer you valuable advice to help you effectively manage EU funding and achieve business success, whatever your sector.

Have you not yet filled out a business development grant application? Check out our website article explaining Everything you need to know about the FENG Program and the SMART Pathway!


What to spend the subsidy on?

The SMART route is to develop and strengthen the research and innovation capacity of companies , focusing on the application of innovative product and process solutions, as well as on promoting the digitalization and transformation of companies for the sake of sustainable development, supporting the internationalization of companies and the development of employee skills.

To better understand how to make the most of EU funding, we provide examples of projects where the funds received can be used:



Conducting research and development work.
Application of R&D results.
When applying for funding, SMEs must include at least one of the two modules mentioned above. However, the project may include five other optional modules, including:

Construction or expansion of R&D infrastructure.
Protection of industrial property.
Improve staff competence.
Ecological and digital transformation of companies.
Promotion of products in foreign markets, i.e. the internationalisation of your company. This is a point where we can help you and, therefore, if you have already received funding within the framework of this module, the rest of this article is for you.