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How EU funds and
SME Instrument
helped Terracom growth
Stelios Gkouskos
Co-Founder & Business Development Director
How to fund your
Innovative Business Idea?
How to fund your
Innovative Business Idea?
• Personal Savings
• 3F (Family- Friends – Fools)
• Banks
• Crowdfunding (Indiegogo, KickStarter, etc.)
• Hackathons, open calls, contests
• Business Angel
• Venture Capital
• Grants
Grants
NSRF 2014-2020 Horizon 2020
(2014-2020)
(www.plan.gr)
Horizon 2020 (2014 – 2020)
80 Billions €
Horizon Europe (2021-2027)
100 Billions €
Only for Small & Medium Enterprises
European definition of SME’s
Small: < 50 employees & <10M € turnover
Medium: < 250 employees & <50M € turnover
SME Instrument
Phase 1
• 50.000 € (lump sum)
• 6 months duration
• 7-pages proposal
 Business Innovation grants for
feasibility assessment purposes
SME Instrument
Phase 2
• 500.000 € - 2.500.000 €
• 70% funding rate
• 24 months duration
• 30-pages proposal
 Business Innovation grants for
development & demonstration
purposes
SME Instrument
Phase 1 Deadlines
07 May 2019
05 September 2019
Phase 2 Deadlines
03 April 2019
05 June 2019
09 October 2019
08 January 2020
18 March 2020
19 May 2020
07 October 2020
SME Instrument
Budget (€ millions)
2018: 479.74
2019: 552.26
2020: 600.99
Phase 1: 10%
Phase 2: 87%
Phase 3: 1%
Coaching and mentoring: 1%
Evaluation: 1%
SME Instrument
Evaluation Criteria
• Excellence (25%)
• Impact (50%)
• Implementation (25%)
What is SME Instrument
looking for?
Highly innovative and disruptive
proposals with strong
commercial prospects.
SME Instrument Phase 2 helps
innovative SME’s to avoid the
Valley of Death
Valley of Death
SME Instrument is
Super Competitive
Greek projects approved (2014 – today):
15 x Phase-1 projects
7 x Phase-2 projects
2 Athens
2 Thessaloniki
2 Patra
1 Ioannina
Terracom Informatics Ltd
• 1999
• 79 Ethnikis Antistasis
Katsikas - Ioannina
• Software & Technology
Development, IT Services
• 38 full-time personnel
Real-Time Guard-Tour Monitoring System
• Mobile/Cloud System
• Real time monitoring
• Triple Play
• Push-to-Talk
• Open System (API)
• Cross platform
QR-Patrol PRO
www.qrpatrol.com
Building 1
Checkpoint 1
Checkpoint 2
Checkpoint 3
Checkpoint 4
Checkpoint 5
Checkpoint scanning
(proof of presence)
Scan with mobile
Event sent
Manager takes action
Place tags
www.qrpatrol.com
Internet-of-Things technologies
• BLE Beacons
www.qrpatrol.com
Internet-of-Things technologies
• Wearables
www.qrpatrol.com
Sensor Clip
SOS alert – external panic button
www.qrpatrol.com
QR-Patrol MARS
www.qrpatrol.com
QR-PTT (Push-to-Talk)
www.qrpatrol.com
MyLoneWorkers
www.myloneworkers.com
4 Do they keep their timetable?
3 Do they perform their duties?
2 Where are they now?
1
Are my lone-workers safe?
www.myloneworkers.com
MyLoneWorkers
Software as a Service (SaaS)
Excellent SEO
(Search Engine Optimization)
Extroversion
1.000+ customers in 77 countries
1.000+ customers in 77 countries
USA
North America
North Europe
Asia
South Europe
United Kingdom
Africa
Australia
Value-Added Resellers
in 27 countries
www.qrpatrol.com
Awards
This project has received funding from
the European Union’s Horizon 2020
research and innovation program
under grant agreement No 719375
Terracom Informatics Ltd
www.terracom.gr

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