E-llum Dynamic Filter System will apply a Phase II – SMEs Instrument:

Funding is available for: innovation projects underpinned by a strategic business plan and feasibility assessment (which can be – but need not be – developed through a phase 1 project funded through the SME Instrument).
(In exceptional cases, funding may sometimes be available for projects that are more about research than innovation. This will always be specified in the relevant call topic.)
Amount of funding: usually in the order of €500 000-€2.5 million, but could also be other amounts (covering up to 70% of eligible costs, or 100% if the project has a strong research component and 100% is specifically foreseen in the Work Programme).
Duration: usually around 1-2 years, unless you request a longer period.
Outcome: a new idea (product, process, service) that can be launched on the market; a business innovation plan incorporating a detailed commercialisation strategy and a plan on how to attract private investors.