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The Valorisation Grant consists of two phases, which should be separately requested. To submit Phase 2, a Phase 1 proposal must be honored and completed.
Phase 1: feasibility study (result: Business plan)
Investigation into the technological and commercial feasibility of the proposal. For this phase, a maximum of 25,000 euros will be requested. The duration of this phase shall not exceed 0.5 years.
Phase 2: Valorisation phase (result: Start-up)
The first steps of the valorisation process: such as developing a product, attracting a launching customer and conducting negotiations with private financers. The purpose of this phase is come to the point where private financers can finance the further commercial development and company.
Request up to 200,000 euros for a maximum period of 2 years.