Opening date: 01/04/2019
Closing date: 31/05/2019
To compete effectively in new and emerging foreign markets European SMEs need to develop partnerships with strategic partners from countries outside Europe.
The INNOWWIDE pilot call aims to bring innovative European SMEs to the forefront of international markets by funding Viability Assessment Projects (VAPs) in cooperation with local stakeholders around the world, creating the conditions to increase the uptake of European innovative solutions in markets outside of Europe. The programme follows a bottom-up approach, with no specific topics to be addressed.
What is a VAP?
Viability Assessment Projects (VAPs) are a comprehensive, balanced and coherent set of preliminary technical, market, legal and socioeconomic assessments intended to validate the viability of international, innovative businesses solutions along emerging global value chains.
They should identify and assess key framework conditions that may favour or impede the effective deployment of collaborative solutions and models in target third countries.
VAPs also include a refined and viable definition of such business solutions and models, together with their implementation strategies.
Each VAP should:
After the execution of the project, the SME should have a clear view regarding future activities in the target market with a strategic partner, that could encourage future investment decisions by potential buyers, investors, end users etc.
You will be asked to clarify why a VAP is needed, including an explanation of the constraints you are facing.
The project must give you insights into the following:
The VAP should result in a report based on which:
Which activities will be funded?
Funded VAPs must involve combinations of the following activities:
1. Co-creation and technology uptake facilitation (innovation and technology transfer services)
2. Market prospection
2.1. Market research (desk & field studies):
2.2. Compliance verification:
2.3. Business prospection trips (duly justified):
2.4. Specific promotional technical material preparation (technology valorisation oriented)
See the INNOWWIDE call guidelines for full details of the possible activities
In order to be eligible for funding, the projects should contribute the objective of bringing the SME´s new product, service or process to the target market, through an innovative application of existing or new technologies, methodologies, or business processes.
To be eligible the proposal must include at least:
The call targets three categories of geographical market: developed countries, large emerging economies and developing countries, with a similar allocation of funds for each of these three categories. The list of countries for each category is as follows:
How will applications be evaluated?
Applications will be evaluated according to the following criteria:
All funded projects will be checked for adherence to EU ethical standards.
The financial viability of the applicants will also be checked before the approval of the applications. Those applicants which do not meet appropriate financial viability will be declared as non-eligible to receive the funding.
The guidelines for evaluating the applications are available at the INNOWWIDE website.
The budget available for this call is 3M€ (approximately one third per country group). Each approved VAP will receive a fixed grant amount of €60,000, representing a maximum of 70% of total eligible project costs, which should be a minimum of €86,000. 50% will be disbursed at the beginning of the project. After 6 months, the beneficiary will be required to submit a VAP final report. Following approval of this report, the remaining 50% will be paid. There is no specific limit to the sub-contracting budget.
How and when to apply