Introduction to EU grants

1. February 2016
EU funding for Startups

2. 2
Principles to grant funding
EIT Idea Challenge
Horizon 2020 SME instrument & Fast Track to Innovation
1
3
4
2
AGENDA
Third Party financing2

3. 3
Civitta
150+ employees
in the group
5 mln EUR
turnover 2015
8 offices
Strategic
planning
Organisational, thematic,
sectorial development & action
planning
Assistance in implementation
Development of planning skills
Research &
analytics
Analyst on hire
Mathematical model
development
Analytical solution development
Survey & scientific research
Mergers &
restructuring
Organisational restructuring
Cost efficiency improvement
Merger planning
Post-merger management
Corporate
finance
Financial planning
Feasibility studies
Financial modelling and analysis
Export
consulting
Market and client research
Market visits
Export strategies
IT consulting
Technical specification support
Overseeing IT project
implementation
Innovation
(IO) and start-
ups
Product/service, business model
IO
IO & entrepreneurship support
Knowledge & technology transfer
IO & product development
training
Start-up business support
Project
management
and financing
Identifying grant opportunities
Project design & partner search
Preparing grant applications
Project management
Consortium partnership

4. 4
BASIC PRINCIPLES
• CONDITIONS • COFINANCING • REPORTING

5. 5
THIRD PARTY
FINANCING
CONSORTIUM
DIGITAL EVERYWHERE
FUTURE INTERNET
BIG DATA
ROBOTICS
PHOTONICS
CREATIVE INDUSTRIES
TOPICS:

6. EXAMPLES
˃30 – 250 000 EUR
˃Use of FIWARE
technologies
˃Restart in 2017
LINK
˃~100-150 000 EUR
˃Experimentation of
testbeds
˃Research oriented
LINK

8. 8
ACCESS TO FINANCE
• EU Funding is available for start-ups, entrepreneurs and companies
of any size or sector.
• A wide range of financing is available: Business loans,
microfinance, guarantees and venture capital.
• The decision to provide EU financing is made by the local financial
institutions
• Examples in Estonia - KredEx, LHV
• www.access2finance.eu

9. 9
Horizon 2020: SME instrument and Fast Track to Innovation

10. 10
SME instrument vs Fast Track to Innovation
Phase 1 aims to cover the assessment of
technical feasibility and market potential of
new ideas. Phase 2 aims to cover R&I
activities with a particular focus on
demonstration and market replication
encouraging the involvement of end users or
potential clients.
Funding focus
Supported are advanced and specific R&D
activities, standard setting and advanced
performance testing/ piloting/ demonstration
activities, validation of solutions in real
working conditions/ certification, business
model validation
SME instrument Fast Track to Innovation
• Single companies with interesting
technology or business innovation projects
• Investor portfolio companies
• Spin-Off’s
Target group
• Consortia of 3-5 partners (legally
registered in the EU or in Horizon2020
associated countries), industry-intensive
• Not restricted with for-profit entities
• Phase 1: 3 months
• Phase 2: 6 months
Time to grant 6 months
• Phase 1: about 10% (estimation)
• Phase 2: about 30% (estimation)
Success rate High competition
• Phase 1: € 50.000 (70% funding)
• Phase 2: € 0.5-2.5 million (70% funding)
Funding size € 3 million (70% of funding)

11. 11
Technology readiness level
1. Basic principles observed
2. Technology concept formulated
3. Experimental proof of concept
4. Technology validated in lab
5. Technology validated in relevant environment
6. Technology demonstated in relevant environment
7. System prototype demonstration in an operational environment
8. System completed and qualified through test and demonstration
9. Actual system proven through successful mission operations (operational
environment)

13. 13
Horizon 2020 SME instrument topics 2016-2017
climate action,
environment, resource
efficiency and raw
materials
inclusive, innovative and
reflective societies
disruptive
innovation
space R&D
low carbon and efficient
energy system
nanotechnologies
advanced materials or
advanced manufacturing
and processing
technologies
biotechnology
security R&D agriculture, forestry, agri-
food and bio-based sectors
ICT solutions for Health blue growth
healthcare
biotechnology
Transport and Smart Cities
Mobility

15. 15
Cut-off dates 2016-2017
SME instrument phase 1 SME instrument phase 2 Fast Track to Innovation
24 February 2016
03 May 2016
09 November 2016
14 April 2016
15 June 2016
13 October 2016
15 March 2016
01 June 2016
25 October 2016
15 February 2017
03 May 2017
06 September 2017
08 November 2017
18 January 2017
06 April 2017
01 June 2017
18 October 2017
Closed with 2016
• Source: EC Reasearch & Innovation

16. 16
Evaluation criteria
Excellence
• Extent that the proposed work is ambitious, has innovation potential, and is beyond the
state of the art
Impact
• Enhancing innovation capacity and integration of the new knowledge
• Developing innovations meeting the needs of European and global markets; and where
relevant, by delivering such innovations to the markets
Quality & efficiency of the implementation
• Appropriateness of the management structures and procedures, including risk and
innovation management

17. We look forward to working with you!
Civitta International
24a Riia St.,
EE-51010, Tartu
Estonia
info@civitta.com
+372 735 2802
www.civitta.com
Civitta Lithuania
27 Gediminas Ave.,
LT-01104 Vilnius,
Lithuania
84-211 H. Manto St.,
LT-92294 Klaipėda,
Lithuania
Civitta Latvia
6 Maskavas St., LV-
1050, Riga,
Latvia
Civitta Moldova
16 T. Malinovski St.,
MD-2019, Chisinau,
Moldova
Civitta Belarus
11 Z. Biaduli St.,
BY-220034, Minsk,
Belarus
Civitta Ukraine
20 a Kozhum'yatska st.
04071, Kyiv,
Ukraine
Civitta Estonia
24a Riia St.,
EE-51010 Tartu,
Estonia
8 Lõõtsa St.,
EE-11415 Tallinn,
Estonia
Veeli Oeselg
Veeli.Oeselg@civitta.ee
Grete Gutmann
Grete.Gutmann@civitta.ee