---
title: Horizon 2020 SME Instrument
description: Carbon Clean completes CapCO2 study for advanced carbon capture tech under Horizon 2020 project & pursues funding for CO2 capture.
image: https://www.carbonclean.com/hubfs/Horizon%202020%20SME%20Instrument.svg
---

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# Horizon 2020 SME Instrument

31 May 2019

 1 MINUTE READ

CCSL is pleased to announce the completion of a Horizon 2020 SME Instrument Phase 1 project named “Intensified Process for CAPturing CO2 - CapCO2”. The project delivered a technocommercial feasibility study for the scale-up and validation of an advanced carbon (CO2) capture technology.

 

As a result of this work, CCSL is pursuing additional funding from the European Commission to demonstrate the technology in Europe by capturing CO2 from various emission sources. The goal will be to realize breakthrough CO2 capture economics of less than €25 ($28) per metric ton CO2.

 

Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years. It is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe’s global competitiveness.

 

The SME Instrument supports high-risk, high potential small and medium-sized innovative enterprises willing to develop and commercialise new products, services and business models that could drive economic growth and shape new markets or disrupt existing ones in Europe and Worldwide.

 

This project has received funding from the European Union’s Horizon 2020 research and innovation program under grant agreement No 827343.

 

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