Sub-grant scheme and innovation hubs within the FI-ADOPT and DIATOMIC EC-funded projects

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1 Sub-grant scheme and innovation hubs within the FI-ADOPT and DIATOMIC EC-funded projects Babis Ipektsidis INTRASOFT International DIATOMIC 2017 All rights reserved. DIATOMIC has received funding from the European Union s Horizon 2020 research and innovation programme under the grant agreement No FI-ADOPT has received funding from the European Union s Seventh Framework Programme for research, technological development and demonstration under grant agreement No Slide No. 1

2 Slide No. 2 What is a Sub-grant scheme Sub-granting is an indirect financial contribution through an EC grant Beneficiary to a sub-grant beneficiary for an action intended helping to achieve an objective of the EC grant contract.

3 Slide No. 3 The case of FI-ADOPT (1) The FI-ADOPT accelerator promoted the use, adoption and take up of the European Commission's Future Internet Public-Private Partnership Programme (FI-PPP) Core Platform, the FI-WARE ( technologies and assets. The project run between July 2014 and June 2016 and provided financial, technological and business/market uptake support to SMEs and web entrepreneurs to develop highly innovative applications in the areas 1) corporate and citizen s learning/training 2) healthy behaviour and wellbeing shaping 3) social cultural integration

4 Slide No. 4 The case of FI-ADOPT (2) - Applicants were SMEs and web entrepreneurs from EU member and associated states - Total Grant: 4.24M via three open calls - Grant per participant: to Support: Technological and business uptake, Investment Readiness Programmes (IRP), Pitching events Funding ( ) Submitted Proposals Selected projects Call 1 1,699, Call 2 1,602, Call 3 938, Total

5 Slide No. 5 FI-ADOPT Sub-grantees Achievements (1) Statics in the top 5 FI-ADOPT companies Users (B2C market): From 22.3K registered users to 950K users (420K in activities related to FI-ADOPT). The top 3 companies: Leverade, GoSpeaky and MyDocumenta sum more than 870K users in total (at least 392K users related to FI-ADOPT activities). Paying customers (B2B market): From 2 to 263. Creation of SMEs: 3 groups of individuals, who submitted a proposal, were converted to SMEs

6 Slide No. 6 FI-ADOPT Sub-grantees Achievements (2) Additional private & public funds: 5 companies have received more than 550K from private funding 2 companies have being partially acquired 2 additional companies are in the process of raising funding from Venture Capitals 3 companies have received 377K additional public funding 3 companies submited proposals in June 2016 requesting in total 1.44M additional public funding.

7 Slide No. 7 The case of DIATOMIC: The Landscape Digital Innovation Hubs boosting European Microelectronics Industry Market Opportunities Health sector immerse in value: $90 B for medical electronics SMEs Barriers Limited knowledge of what smart electronics and smart systems offer them Agrifood turnover of 1 trillion but has extremely low IT intensity. Manufacturing equipment in EU is worth 57B Lack easy access to competencies (scientific, technological, market access and business development). Inability to reach critical market mass. No user-driven application development, small (national) group of customers DIATOMIC will establish a sustainable ecosystem to facilitate digital innovation in the health, agri-food and manufacturing sectors, all of which are under-digitized and of prime importance for society and the economy.

8 Slide No. 8 DIATOMIC Digital Innovation Hubs as one-stop-shops

9 Slide No. 9 DIATOMIC ecosystem

10 Slide No. 10 DIATOMIC Concept Three BEACON application experiments / Large scale demonstrators Two open calls 1,500,000 Euro each Additional business support

11 Slide No. 11 Digital Innovations Hub s services Matchmaking services Tailored business training services Access to funding support and guidance Technological Support Communication activities for technology adopters Collaborative product design tools

12 Slide No. 12 Smart Technology PULL- open calls Two open calls Budget per call: ,00 Budget per sector: Health: 30%, Agrifood: 30%, Manufacturing: 30%, Others: 10%. Number of application experiments funded: 15 to 43 Wide reach #1 global community for startup Founders +2,100,000 founders, Investors & Corp Members +805,000 Startup Members The given information about the Open Calls is indicative and will be specified at later stage. It can t be considered as legally binding

13 Thank you! * SYNELIXIS Directly Influenced by EMC 2 Directly Influenced by INTRASOFT Directly Influenced by EUN Directly Influenced by EAI DIATOMIC 2017 All rights reserved. DIATOMIC has received funding from the European Union s Horizon 2020 research and innovation programme under the grant agreement No FI-ADOPT has received funding from the European Union s Seventh Framework Programme for research, technological development and demonstration under grant agreement No Slide No. 13

14 BACKUP SLIDES DIATOMIC 2017 All rights reserved. DIATOMIC has received funding from the European Union s Horizon 2020 research and innovation programme under the grant agreement No FI-ADOPT has received funding from the European Union s Seventh Framework Programme for research, technological development and demonstration under grant agreement No Slide No. 14

15 Slide No. 15 Testbed #1: Health applications testbed

16 Slide No. 16 Testbed #2: Agrifood applications testbed

17 Slide No. 17 Testbed #3: Manufacturing applications testbed

18 Slide No. 18 DIH s Technological Support Access to technological knowledge and resources: publications, best practices in novel product design, electronic designs, open code for specific platforms, plugins for specific platforms, discounts for prototyping or experimentation services, discounts for specific components. Technology-oriented training: two technology bootcamps (one per open call), webinars, online forums for companies and RTOs to share and clarify their doubts Tailored technical support to tech SMEs and RTOs towards improving their technological competencies advising them on new technologies that can accelerate the development at hand and solving potential technological problems. tech- helpdesk

19 Slide No. 19 DIH s Business Support Tailored Competence Brokerage Business plan development support Online investor readiness webinars Investment readiness programmes (IRP) Support and invite DIATOMIC SMEs to participate to relevant venture events Smart Application Investment Forum Webinar on Intellectual Property (IP) Fundamentals and Advanced Intellectual Property (IP) Coaching services

20 Slide No. 20 Application Evaluation Process 1. Each proposal will be reviewed by 2 external evaluators : Experiment [1-5; min.3]: design, reliability, feasibility, novelty Technology [1-5; min.3]: innovation, integration with DIATOMIC expertise, capacity to achieve TRL 6-9 Consortium [1-5; min.3]: capacity to perform; knowledge, technological and business expertise; commitment Impact [1-5; min.4]: experiment output, business scalability, exploitation plan, commercial milestones, innovation potential with respect to triggering additional application/solutions development An additional point will be given to proposals that bring private fund into the total experiment budget: (between 15%-24%: +1 point; between 25%-30%: +2 points; and above 31%: +3 points) 2. The top ranked proposals (twice the number of planned number of proposals to be selected) will be invited to interviews with external evaluators; criteria: Concept & Technology (40%) [1-5; min.3] - confirmation of proposed targets and technology fit; Business (30%) [1-5; min.3] - the viability of the proposed business model; Exploitation (30%) [1-5; min.3] - reliability to reach milestones and readiness to present to investors

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