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TCI Pathway working with Pera Technology on Horizon 2020 funding UK

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TCI Pathway Ltd working with Pera Technology are colloborating on a record breaking new product development fund to support innovation in European SMEs.

The scheme, administered by TCI Pathway Ltd with backing of Pera Technology, is part of the EU Horizon 2020 initiative which has committed €82 billion to furthering research and innovation in SMEs over the next 5 years.

The fund will enable individual businesses able to claim up to €3 million for new product development.
The new funding scheme is more than twice the size of the previous SME support pot and aims to see 1,000s of new products developed in Europe before 2020.

Manufacturing and engineering firms are the most likely to benefit from this new source of financial support for innovation and historically, UK businesses have been among the most successful in accessing the new product development funding – second only to Spanish firms and significantly outperforming SMEs in the EU’s two largest economies, Germany and France.

Furthermore, this new funding scheme has been developed to improve ease of access for SMEs. Unlike previous budgets, Horizon 2020 does not require SME businesses to join larger consortiums, the application process has been made simpler and the European Commission will be obliged to provide a response to funding applications within six months of submission.

In order to be applicable for the larger research and development fund businesses must demonstrate market demand and there is a feasibility study grant of €50,000 lump sum available to business for this purpose.

This level of funding is very unique and been made available to small and medium sized business for new product development purposes. The UK is in an enviable position to benefit from this EU grant opportunity fund, having overtaken the two largest economies in Europe in terms of bidding success. There is no doubt that the larger amount of funding and fewer restrictions associated with Horizon 2020 will see more businesses than ever before applying.

SMEs have been identified by the European Commission and national governments within the EU as the source of future economic growth. There are 20 million SME businesses in the EU and 4.8 million in the UK.
Please contact Principal of TCI Pathway Ltd - Safaraz Ali on 0121 7070550 or by mobile: 07974650751

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TCI Pathway working with Pera Technology on Horizon 2020 funding UK

  1. 1. Horizon 2020 The EU Framework Programme for Research and Innovation
  2. 2. What is Horizon 2020? Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over seven years (2014 to 2020) – with €3 billion dedicated solely for SMEs. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market. Horizon 2020 is open to everyone, with a simple structure that reduces red tape and time, enabling participants to focus on what is really important. This approach makes sure new projects get off the ground quickly – and achieve results faster.
  3. 3. Horizon 2020 SME Funding Instruments Horizon 2020 has a range of options for SME project funding. However, there are significant differences in terms of process, funding rate and scope, between all of the funding instruments. H2020 Collaborative Project H2020 SME Instrument H2020 Fast Track to Innovation EUREKA Eurostars Small or large consortium Industrial or academic research driven Single applicant (phase 1) Single applicant or SME consortium (phase 2) Small industry-driven consortium (max 5 organisations) Small SME-driven consortium,industry and academia permitted,average 3-4 participants SMEs encouraged SMEs requested in specific calls SMEs only SMEs encouraged Project leader must be an R&D performing SME Non prescriptive funding range indicated in the call text €50k (phase 1) funding €0.5-2.5m (phase 2) funding (€5m for healthcare projects) €3m max funding €1.4m average project costs,max funding specific to each country Specific challenge,scope and expected impact,all indicated in the call text Broad scope per topic (except healthcare projects) Broad scope:any topic related to LEIT or Societal Challenges Broad scope:innovative products,processes and services Single or two stage deadlines Continuous submission 4 annual call dates Continuous submission 3 annual call dates Continuous submission 2 annual call dates 100% for RIAs and CSAs 70% for IAs Typically 70% (100% for healthcare projects) Typically 70% 50-80% (specific to each country) Both SME instrument and FTI pilot are extremely attractive to SMEs and industry-driven consortiums for three main reasons: • Shortened average time-to-grant:between 4 months (SME Instrument Phase 1) and 6 months (SME instrument Phase 2,FTI pilot) • Bottom-up programmes:applicants can come up with any project related to the target domain (except in the healthcare thematic) • Large funding per applicant:in a mono-applicant SME instrument Phase 2 application,a single SME can receive up to €2.5m (€5m for healthcare) for a 2-year project
  4. 4. Horizon 2020 SME Funding Instruments Are they the right funding instruments for your business? European funding is provided in the form of grants that are not tied to any IPR or equity transfer to the EC.This non-dilutive funding is very attractive to SMEs, as they get to keep their IPR and equity. The funding does comes with a set of ‘strings attached’ but these are mostly reporting requirements to the EC (in order to validate and document that you are making a correct use of public funding). However, do not underestimate these requirements, EC reporting is not something that you should undertake lightly.
  5. 5. Horizon 2020 Dedicated SME Instrument The Dedicated SME Instrument (DSI) is an EU funding programme specially for SMEs. It consists of three phases covering technical and market feasibility, demonstration activities and commercialisation across a range of thematic areas. Company requirements • You must be an SME employing between 10 and 250 employees • Need to have an early prototype (or proof of concept). EC useTRL 6 but TRL4 has proven to be acceptable • A turnover of up to €50 million. You must be able to fund their part of the project costs due to a negative cash flow for part of Phase 2 • Must be something you want to do This is not a‘wish’project
  6. 6. Horizon 2020 Dedicated SME Instrument Phased support Phase 1: Feasibility assessment Funding is available for: exploring and assessing the technical feasibility and commercial potential of a breakthrough innovation that a company wants to exploit and commercialise. Activities funded could be: risk assessment, design or market studies, intellectual property exploration; the ultimate goal is to put a new product, service or process in the market, possibly through an innovative application of existing technologies, methodologies, or business processes. The project should be aligned to the business strategy, helping internal growth or targeting a transnational business opportunity. Amount of funding: lump sum of €50,000 (per project, not per participating business). Duration: typically around 6 months Outcome:The outcome of a Phase 1 project is a feasibility study (technical and commercial), including a business plan. Should the conclusion of the study be that the innovative concept has the potential to be developed to the level of investment readiness/market maturity, but requires additional funding in view of commercialisation, the SME can apply for Phase 2 support.
  7. 7. Horizon 2020 Dedicated SME Instrument Phased support Phase 2: Innovation project Funding is available for: innovation projects underpinned by a sound and strategic business plan (potentially elaborated and partially funded through Phase 1 of the SME Instrument). Activities funded in can be: prototyping, miniaturisation, scaling-up, design, performance verification, testing, demonstration, development of pilot lines, validation for market replication, including other activities aimed at bringing innovation to investment readiness and maturity for market take-up. Amount of funding: in the indicative range of €500,000 – € 2.5 million or more (covering up to 70% of eligible costs, or in exceptional, specific cases up to 100%). Duration: typically around 1 to 2 years Outcomes: a new product, process or service that is ready to face market competition; a business innovation plan incorporating a detailed commercialisation strategy and a financing plan in view of market launch (e.g. on how to attract private investors, if applicable).
  8. 8. Horizon 2020 Dedicated SME Instrument Phased support Phase 3: Commercialisation With the view of facilitating the commercial exploitation of the innovation activities resulting from Phase 1 or Phase 2, specific activities will be proposed. These can include support for further developing investment readiness, linking with private investors and customers through brokerage activities, assistance in applying for further EU risk finance, and a range of other innovation support activities and services offered via the Enterprise Europe Network (EEN).
  9. 9. Horizon 2020 Dedicated SME Instrument Eligible costs for ‘in-kind’ Time/Effort • Real research tasks as described in the Description of Work (DoW) (including business development, market stimulation, attendance at conferences/expos) • Attendance at Project Meetings (including preparation time, travelling time, completing actions arising, reporting back) • Reviewing Project Reports and other documents • Completion of cost statements and in-kind logs • Answering EC queries • Business case preparation • Relevant commercial/sales meetings • Creation/maintenance of project website(s) • Communication with Consortium Partners • Authoring, reviewing and approval of press releases • Writing Description Use Plan (DUP) and providing input to EC online questionnaires/surveys Consumables • Supply of materials/software • Use of facilities and test equipment • A proportion of the cost of Market Intelligence reports Other costs • Hire of Equipment • Purchase of computers/software • Patent preparation costs • Legal and Agent fees associated with Project IP • Cost of any other legal agreements (eg Licensing) • Flights and hotels for project meeting attendance • Fuel and Car rental
  10. 10. Horizon 2020 Fast Track to Innovation To reduce the time from idea to market and increase industrial participation in Horizon 2020, Fast Track to Innovation (FTI) is a fully-bottom-up measure to promote close-to- the-market innovation activities, and open to all types of participants. • Open to all types of participants (SMEs, LEs, Universities, etc) • Proposals for funding must be submitted by a consortium comprising of between three and five legal entities established in at least three different EU Member States or countries. • Actions funded under the scheme must be ‘business-driven’because they are intended to give promising innovation ideas the last push before entering the market. • Products must be commercially ready within three years after the strat of the FTI action to ensure quick market take-up • No thematic requirement.Trans-disciplinary and cross-sector. • TRL level 6-9 (Level 7 and above is preferred) • €3 million maximum project size (€1-2 million expected) • 70% funded for profit-making organisations
  11. 11. Horizon 2020 Funding Instruments Is your business ready for European funding? There are three fundamental questions that you need to ask yourself in order to decide if you should apply for funding. 1. Can you wait 4-6 months before starting your project? 2. Do you have a prototype that has been tested (or proof of concept)? 3. Can you co-fund 30% of the project? If you have answered no to any of these questions,then these instruments are not for you…yet. However,there are other instruments within the H2020Work Programme that may fit with your plans.For example,Research Innovation Actions (RIAs) have a funding rate of 100% and focus on Technology Readiness Levels below 6.
  12. 12. Horizon 2020 Research innovation Actions Research Innovation Actions (RIA) is an EU funding programme focussing on research activities leading to the development of innovative new products, processes and services. 100% funding RIA will fund 100% of early-stage research which demonstrates the technical and economic viability of a new or improved technology, product, process, service or solution. Collaborative projects Projects funded under RIA must be collaborative in nature.This requires a consortium of at least three companies or universities from three different EU member states collaborating on the project. Specific calls Funding is made available for projects covering specific themes (such as energy, transport etc.). Calls for applications under different themes are made at different times. Duration Projects last between 36-48 months and are awarded between €2 - €5 million.
  13. 13. What makes Pera Technology different? There are many ways that SMEs can access DSI funding, but with unrivalled experience of accessing European funding, Pera Technology delivers certainty into your innovation process. You will also be able to utilise our proven multi-disciplinary innovation processes and competencies to get the right product developed, by the right people, in the right way.
  14. 14. What makes Pera Technology different? There are many ways that SMEs can access DSI funding, but with unrivalled experience of accessing European funding, Pera Technology delivers certainty into your innovation process. You will also be able to utilise our proven multi-disciplinary innovation processes and competencies to get the right product developed, by the right people, in the right way. there are other ways…
  15. 15. What makes Pera Technology different? There are many ways that SMEs can access DSI funding, but with unrivalled experience of accessing European funding, Pera Technology delivers certainty into your innovation process. You will also be able to utilise our proven multi-disciplinary innovation processes and competencies to get the right product developed, by the right people, in the right way. there are other ways… …and there’s the Pera Technology way
  16. 16. Who are Pera Technology? We are a leading new product development contractor. We exist to make your innovation a profitable and successful venture for your business Founded in 1946 as the Production Engineering Research Association of Great Britain, we are now a privately owned technology-based innovation, training and commercial research group with offices in the UK and Estonia. We support you in creating the innovative new products that enable you to build a competitive advantage. We bring innovation to life within your business by bringing hard-won, real-world industry experience to your own market knowledge. When it comes to understanding and securing funding from national and European bodies, PeraTechnology has proved itself to be one of Europe’s most successful intermediaries. With an exceptional reputation for adding innovation expertise to all sizes of businesses in all sectors, we work with you to: conceive ideas create prototypes commercialise products
  17. 17. Innovation for SME businesses leap® is Pera Technology’s new product development service for SMEs. We’ve helped hundreds of SMEs conceive, create and commercialise innovative new products, providing the expertise to fill knowledge gaps and securing the funding to make it all happen. Our approach Unlike a lot of our competitors, we do not offer a ‘no win-no fee’ service. We feel that this blanket approach leaves clients in an uncertain situation that could end in a failed application, due to the provider not fully understanding the project or SMEs business. Instead, we charge an upfront fee to write your proposal application, but only if we are convinced it stands the best chance of funding. The leap® team at PeraTechnology will take the time to learn more about your project and fully support you in your DSI application. We assist with the project bid writing process, using our extensive experience and expertise in securing European funding to dramatically improve your chances of making a successful project bid.
  18. 18. Ready to take the next step? Contact us today at and take the first step to a more secure and successful future Phone: +44 (0)1664 501201 Email: enquiries@peratechnology.com www.peratechnology.com

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