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€ 33.5 million to bring more innovative ideas to market quicker

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€ 33.5 million to bring more innovative ideas to market quicker

How will end the Fast Track to Innovation (FTI) pilot scheme?

17 projects, 80 partners, 19 countries will get about € 2 million each 

Since January 2015, under the European Union’s Horizon 2020 programme, FTI Pilot (€ 200 million) has been one of the most successful tool.

 

Are you curious? The range of projects include a self-cleaning coating for solar panels, an application to fight Honey Bee Colony Mortality that uses sensors and network connectivity to exchange information, silent ecological rubber pavements, a new type of colorant that will allow to sort black and coloured polymers from mixed waste streams, and a device that analyses one’s breath to quickly diagnose whether infections are bacterial or viral.

In this last cut-off, more than half of the project participants (55%) are Small and Medium Sized Enterprises (SMEs)!!!

Based on thepotential to contribute to more market-creating innovation in Europe of the FTI pilot call, the Commission is considering continuing the FTI in 2018-20 as part of the preparatory actions for a potential European Innovation Council.

Should be noticed that 30% of beneficiaries are from the UK…One thing must be said to reassure companies: for the time being the UK is still a full EU member and therefore fully entitled to participate in European projects with other European partners. Horizon 2020 offers a wide range of topics (Transport, Energy, Environment, ICT, Food & Agriculture, Advanced Manufacturing, etc.) that can be funded and if you have some great ideas to improve your business, don’t limit your aspirations nor visions: find partners, participate in a H2020 project and, if successful, receive good funding for your expenditures (from 70% up to 100%).

Moreover, SMEs can participate in a dedicated H2020 funding scheme: the SME Instrument.

If you don’t feel confident about starting this route alone, contact EPN Consulting: we are Based in London, Engaged with Europe. We will be happy to listen to your ideas, assess them, shape them effectively, find suitable partners in Europe to build a strong consortium and prepare a sound proposal!

Statistics: Since January 2015, 94 projects involving 426 participants from 27 countries were selected to receive €200 million in funding.

Background:

The FTI pilot is a bottom-up measure promoting innovative activities at the close-to-the-market stage. It supports mature innovative concepts that have already been tested. Supported activities include systems validation in real working conditions, testing, piloting, validation of business models and standard setting and pre-normative research.
The scheme ran during 2015-2016 as a pilot initiative under Horizon 2020, with a budget of €200 million. The scheme was open to all kinds of participants and supports any topic under the “Societal Challenges” and the specific objective “Leadership in Enabling and Industrial Technologies (LEITs)”. In order to fast-track projects under the FTI scheme, the time between application and grant agreement signature was capped at six months. Furthermore, the pilot was implemented through one common and continuously open call, meaning that proposals could be submitted at any time.

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