H2020: PRS has been one of the 94 companies selected among the 2,025 SMEs throughout Europe

In August 2019 Plastic Repair System 2011 SL passed Phase II of the SME Instrument, of the EU H2020 Research and Innovation Program under grant agreement nº880032 with which it obtained funding of 1.6 million euros.

PRS was one of the 94 companies selected from among the 2,025 SMEs from all over Europe that applied to the call. The company had to defend its project in front of a panel of experts appointed by the European Commission, who assessed the PRS proposal from different points of view such as: added value, risks and opportunities, competition, business model, commercialization, marketing strategy and financial projection of the company.

This financing has been an important support for the development of different R&D projects that PRS planned to promote, such as the automation of repairs, the improvement of processes or traceability, among others.