INNOWWIDE Call 2 for applications for Viability Assessment Projects (VAPs) in international markets
The Horizon 2020 (H2020) funded INNOWWIDE pilot Coordination and Support Action (CSA) 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 Europe. Developing a new product-market combination with a strategic international partner outside the EU or its Associated Countries can be very challenging for SMEs in terms of technological & financial risks and market barriers. Before starting it is essential to assess first the technical feasibility as well as a deep understanding of the financial, legal, market and cultural aspects in the target foreign markets.
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.
INNOWWIDE is launching the 2nd call for proposals focusing on supporting innovative European SMEs and start-ups in targeting markets of developing countries, large emerging economies (Brazil, Russia, India, China, Mexico etc.) and developed countries. The budget available for the 2nd Call is €4.2M (to be divided approximately one third per target country group).
The Viability Assessment Projects (VAPs) have a maximum duration of 6 months. The INNOWWIDE financial support rate is fixed at 70% of eligible costs with a fixed grant of €60,000 Euros for each assessment project.
The funded VAPs must involve combinations of the following activities:
1. Co-creation and technology uptake preparatory work (innovation and technology transfer services)
2. Market prospection and business model development
2.1 Market research (desk & field studies):
2.2. Compliance verification:
2.3. Business prospection trips (limited and duly justified):
2.4. Specific promotional technical material preparation (technology valorization oriented)
See the INNOWWIDE Call 2 guidelines for full details of the possible activities.
The call was published on innowwide.eu website here. © 2019 INNOWWIDE.EU