Gnanomat announces the success of its application for a European project in the second cut-off date for the Phase 1 SME-instrument in the H2020 program
. The project called GRAPHEEN aims at scaling up a green, affordable and straightforward process for the industrial synthesis of graphene-based materials, for their use in energy applications. In this Phase 1, Gnanomat will receive 50.000€ for accomplishing a feasibility study so to evaluate the technical feasibility of scaling up its proprietary technology and to assess its commercial potential. This Phase 1 will also give Gnanomat access to business coaching services offered by the European Commission. For this second cut-off date, Gnanomat´s project competed with 1944 proposals, out of which only 178 were selected for funding. The SME instrument is part of the Horizon 2020 program and finances innovative ideas with great market potential. The instrument is divided in three phases, with the aim of transforming disruptive ideas into concrete, innovative solutions with a European and global impact. In the SME-instrument financing scheme, the successful applicants in Phase 1 are the preferential candidates to opt for a Phase 2 project of between €0.5-2.5M funding. This peer-reviewed fund confirms the expectations and extraordinary possibilities of our technology not just to produce high quality GNP (graphene nanoplatelets), but also to enforce development in high impact fields as energy devices (supercapacitors and Li).