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Boukje.com Fast Track to Innovation (FTI)
- 1. Money day funding optionsfor SME’s Online webinar 28 April 2020
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- 3. Boukje.com Consulting Consultancy: • EUgrant writing • Project management • Training of staff Participating in (EU) projects : • Dissemination and outreach: translating results to policy domain or general public • Intellectual Property Rights/ Exploitation • Urban design and architecture knowledge ↔ sustainable living 2
- 4. Fast track toinnovation
- 5. Fast track toinnovation: basics • Funds European co-creation for to advance innovation and enter the market within three years • To test, demonstrate and validate your innovation with users before full commercial roll-out • Technology at least demonstrated in relevant environment (TRL 6) • Can address any technological area, with civilian purpose • Deadlines: 9/6/ 2020 and 27/10/2020 4
- 6. FTI: who isit for? • Consortia working on ground-breaking innovation • Companies that want to collaborate to put innovation in the market - Along a value chain - Supplier – launching customer(s) - Combining different technology / content into one novel product 5 5 This Photo by Unknown Author is licensed under CC BY-SA-NC
- 7. FTI: what isit for? Activities undertaking innovation from the demonstration stage through to market uptake, such as: • piloting • test-beds • systems validation in real-world working conditions • validation of business models • pre-normative research • standard-setting. 6
- 8. FTI: how isit funded? • Through the Horizon2020 Framework Programme from the European Commission • 70% funding for companies and 100% for non-profit research organisations, for eligible costs: - Personnel costs (gross-gross salaries) - Other direct costs (consumables, travel, depreciation of equipment) - 25% overhead on the direct costs - Subcontracting (for specific minor tasks, no research) 7
- 9. FTI: additional criteria •Participation of three to no more than five different legal entities, independent of each other, in a consortium - From at least 3 different EU member states or in countries associated to Horizon 2020 - All consortium members from EU member states or in countries associated to Horizon 2020 • Allocation of - at least 60% of the overall budget to consortium partner(s) from industry - or a minimum of 2 industry partners out of a consortium of 3 or 4 - or a minimum of 3 industry partners out of a consortium of 5 • Requested EU contribution not more than €3 million 8
- 10. FTI: how toapply? • Register at the participant portal from the EC to receive a PIC • Fill out Administrative Forms • Fill out the “Part B” template Excellence (25%) Impact (50%) Implementation (25%) • clear objectives • credible, realistic and optimal development of innovation • add substantial value to Europe • a high degree of novelty & high risk • market take-up within 36 months • significantly higher innovation than current state-of-the-art solutions • time to initial market take-up • enhanced innovation capacity • create substantial demand • strengthen growth/ scale-up and competitiveness of partners • return on investment • impact at the EU level • coherent effective work plan • cost-effective plan • complementarity of the consortium • groundbreaking innovation • fast, wide market uptake • risk mitigation plan • clear and efficient decision making/ organization structure 9
- 11. FTI: evaluation howdoes it work? • All proposals will be reviewed by experts and ranked according to the evaluation criteria - All proposals will receive an Evaluation Summary Report • A proposal has to pass a minimum threshold to be funded • The highest ranking proposals will receive funding • Information on the outcome: maximum 3 months after the corresponding cut-off date • Signature of grant agreements: maximum 6 months after the corresponding cut-off date 10 This Photo by Unknown Author is licensed under CC BY-ND
- 12. What if Isaw an interesting funding instrument? 11
- 13. How am Iever going to be successful? • Stay close to your core business, your passion - Do not try to fit your idea into a funding instrument, there has to be a good match to start out with • Write! - Talking about your idea, and what is needed is different than writing • Admit that you may need to practice - Many business owners talk to many investors, but ask for public funding only once • Do what you love and have fun doing it 12
- 14. What makes asuccessful grant? 13 WORTHWHILE FEASIBLE ... in terms of: • Need for the development • The grant leads to clear benefits • Suitable methods will be used to conduct the R&D&I • Benefits can be harvested after the project: impact …in terms of: • Scope and scale of the project • Time and money • People and organisations implementing it • Suitable planning and risk assessment procedures
- 15. Grant writing: 14 Hurray: funding opportunityfor a new idea! 😄 Oops, more complicated than I thought 😥 With some help, I can do this! 💪 So much to do, so little time! 😱 Yes, I submitted! 🤩 I’ll never do it again! 😭 This was so worth it! 😎
- 16. What can Boukje.comdo for you? • Guide you through the jungle of instruments • Help you jump the administrative hoops • Translate the templates: what do you write where • Improve your text: writing in the right tone to appeal to the reviewers • Find partners in Europe • Review documents, give you ideas and critical feedback • Develop infographics that say more than 1000 words 15
- 17. Our perfect customer… • Has an exciting idea, that (s)he is passionate about • Likes dialogue to develop and improve ideas • Knows when to ask for help • Is not afraid to try something new • Is willing to put thoughts on paper, risking critisism • Realises that public funding has at least 6 months throughput time • Respects our expertise and boundaries • Realises we don’t work for free 16
- 18. Thank you foryour attention boukje@boukje.com 0610647847