The Beneficiary Light Grant Scheme is an SME development funding scheme specially designed for European Territorial Cooperation (ETC) and cross-border cooperation (CBC) programmes. Each Light Project should consist of at least one Light Beneficiary from each side of the border. The Light Beneficiaries are the beneficiary SMEs selected through a two-step selection procedure (Call for Light Concepts and Call for Light Project Proposals) in order to receive a subsidy from the Scheme. A maximum of 75% of the total eligible expenditure can be requested as grant from the Beneficiary Light Grant Scheme, the rest shall be covered as own contribution of Light Beneficiaries. The project’s main output are the 80 SMEs directly funded and non-financially supported by the project, 31 events organised in the border area, 11 718 000 EUR of total costs allocated for the implementation of the B Light Scheme. The applying Light Beneficiaries have to be registered or have to have a branch operating in the programme area of the Cooperation Programme Hungary -Croatia. Light Beneficiaries should fall into the category of small and medium-sized enterprises (SMEs) stipulated in 651/2014/EU Regulation, Annex 1.  Minimum cooperation level requirement within a Light Project is a value-added cross-border joint technology, service and product development by the cooperating Light Beneficiaries operating on different sides of the border for setting up cross-border supplier networks and/or for jointly engaging into foreign market.