Two innovative Irish SMEs win EU funds

Two Irish SMEs have been selected for funding in the latest funding round from the EU’s Research fund, Horizon 2020.

They are:

  • Adapptise Ltd, a Cork-based company that develops software for smartphone apps which redefines the way brands and game developers reach audiences. Click here  to listen to Tony McCarthy of Adapptise explain more.
  • Unituition, a Dublin-based company that provides an online service connecting students and tutors. Click here listen to Orla McCallion of Unituition explain more.

The funding is provided under Phase 1 of the Instrument, which means that each project will receive €50,000 to finance feasibility studies for new products that can disrupt the market. They can also ask for up to three days of free business coaching.

The two Irish companies are amongst 189 small companies from 26 countries who have been chosen for funding in a competitve process.

The grants are part of an EU investment of €8.7 million into innovative small firms across Europe.