Fast Track to Innovation. Horizon 2020 Pilot Tool for fast market update of innovative solutions
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1 Fast Track to Innovation Horizon 2020 Pilot Tool for fast market update of innovative solutions
2 Fast Track to Innovation Identity undertaking innovation from Accelerate commercialization process of sustainable innovative products/processes demonstration stage through to market uptake, including piloting, test-beds, system validation, pre-normative research, standard setting
3 Fast Track to Innovation Identity Fast Track to Innovation Pilot Excellent Science Industrial Leadership Societal Challenges
4 Fast Track to Innovation Identity Origin: Horizon 2020 Pillar: Industrial Leadership Thematic Priority: Innovation in SMEs Open Call: FTIPilot Opening date: 02/12/2015
5 Fast Track to Innovation The idea
6 Fast Track to Innovation Target What Why Who How relatively mature new technologies, concepts, processes and business models that need a last development step to reach the market and achieve wider deployment. - to accelerate the development of innovative products and commercialization process - reduce time from idea to market - nurture trans-disciplinary and cross sectoral approaches industry, first-time applicants (SMEs), research, universities, technology actors, innovation actors, clusters, end-users, industrial associations, incubators, investors, public sector providing extended funding opportunities through an open and agile scheme nurturing bottom-up ideas from innovation constituencies across Europe
7 Fast Track to Innovation In a graph
8 Fast Track to Innovation Funding Type of Action: Innovation Action Funding: Up to 70% of the total eligible costs for profit organization Up to 100% for non-profit organizations Budget: 200 million Euros for (100m.Euros each) Estimated Budget per project: 1-3 million Euros
9 Fast Track to Innovation Deadlines 3 Cut-off Dates for 2016 Cut-off date Cut-off date Cut-off date
10 Fast Track to Innovation Business Plan Important notes to be considered: 1.Specification of intended outcome 2.Description of Key performance indicators (KPIs) 3.Attention to IP protection & commercial exploitation 4.Inclusion of a business plan
11 Fast Track to Innovation Business Plan The Business Plan must clearly describe:: - market potential, - business opportunities for participants, - measures to enhance probability of eventual commercial take-up - credible commercialization strategy identifying next steps and specifying actors to be involved
12 Fast Track to Innovation - Impact Addressing transnational value-chains or EU-wide and global markets Fast Development Commercial take-up wide development of innovative solutions Leveraging more private investment into research and innovation Time to initial market take-up no later than 3 years from project beginning Increased industry participation, including SMEs and more industry first time applicants to H2020 Enhanced competitiveness and growth of business partners, measured in terms of turnover and job creation
13 Fast Track to Innovation vs SME Instrument Phase II Main differences between tools SME Instrument FTI Only for SMEs At lease 1 SME applicant Specific thematic calls No obligation until the end of the project Industry, SMEs, Research, Academia Consortium with maximum 5 entities Bottom up Obligation for market up take on the first 3 years of the project 3 phases (I, II, III) & Consulting Support but no coaching
14 Fast Track to Innovation Eligibility Conditions 1 Maximum of 5 legal entities. At least one of the following minimum criteria shall be met: either o At least 60% of the overall proposal budget must be allocated to consortium partners from industry or o The minimum number of industry participants must be: 2 in a consortium of 3 to 4 partners 3 in a consortium of 5 partners
15 Fast Track to Innovation Eligibility Conditions 1 Potential Consortium Scheme 5 partners Commercialization Process Partner Research / Technology Organization clusters end-users industrial associations incubators investors public sector Industry 3 or 1 st time applicant Industry 2 Industry 1
16 Fast Track to Innovation Eligibility Conditions 2 Proposals shall relate to any field under: the Specific objective Leadership in enabling and industrial technologies and/or to any of the specific objectives under the priority Societal Challenges. All relevant topics under these Pillars. Leadeship in enabling and industrial technologies Societal Challenges
17 Fast Track to Innovation Eligibility Conditions 2.and these specific thematic priorities Nanotechnologies, Advanced Materials, Biotechnology, Advanced Manufacturing and Processing Information and Communication Technologies Space Food security, sustainable agriculture, marine, maritime, inland water research and the Bioeconomy Secure societies Protecting freedom and security of Europe and its citizens Europe in a changing world: inclusive, innovative and reflective societies Secure, clean and efficient energy Smart, green and integrated transport Climate action, environment, resource efficiency and raw materials Health, demographic change and wellbeing
18 Fast Track to Innovation 1 st 2015 cut off results Projects selected for funding: 16 Total Number of participants in selected projects: 69 Greek participants: 2 (1 Academia / 1 SME) Total EU contribution: 35.6 million Euros
19 Fast Track to Innovation 1 st 2015 cut off results
20 Fast Track to Innovation (FTI) Participant Portal Visit:
21 Thank you for your attention Despina I. Adamidou National Contact Point, Horizon Website: praxinetwork
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