What is funded?

Asset 6

R&D collaboration

Focus: Gaining new skills and ideas working with universities and research and technology organisations (RTOs)

Instrument: Horizon Europe

Number of partners: 5-10 

Project size: EUR 3-10 million;  share of an individual partner EUR 100 000-1 million.

Funding rate: 70-100%

Project duration: 3-5 years

Eligible applicants: Companies, universities and RTOs. The project coordinator is usually a research organisation but companies can be partners

 

Asset 7

Product development

Focus: Co-creation with your customers and subcontractors

Instrument: Horizon Europe

Number of partners: 5-10

Project size: EUR 5-15 million; share of an individual partner EUR 1 million-EUR 5 million

Funding rate: 50-70%

Project duration: 3-5 years

Eligible applicants: Companies, universities and RTOs. Project coordinator is usually a partner in the middle of the value chain

Asset 8

Industrial scale-up

Focus: Funding for final phase of new commercial product / industrial investment

Instrument: Innovation Fund, Horizon Partnerships

Number of partners: From single applicant to 10+ partners

Project size: EUR 15-100 million; share of an individual partner EUR 10 million-EUR 100 million

Funding rate: 20-60%

Project duration: 3-5 years

Eligible applicants: Companies, universities and RTOs. Project coordinator is the investing partner

Asset 9

Scale-up

Focus: Development, demonstration and scaling-up of high-risk ideas

Instrument: EIC Accelerator

Number of partners: Partners not necessary, can be applied by a single applicant

Project size: EUR 3.5 million + optional equity up to EUR 15 million 

Funding rate: 70

Project duration: 1-2 years

Eligible applicants: Companies, universities and RTOs. Project coordinator is an innovative, high-growth SME

Funding programmes are linked to the EU's strategic priorities

The European Commission’s six strategic priorities for 2019 – 2024

The European Commission’s strategic priorities for 2019 – 2024 get their concrete form in EU policies, legislation and initiatives. The two priorities, European Green Deal and Digital Decade (digital strategy) have the biggest impacts on EU research and innovation policy and finally on the funding programs as such.

Green Deal

Green Deal’s target is to transform the EU into a modern, resource-efficient, and competitive economy, while preserving Europe’s natural environment, tackling climate change and making Europe carbon-neutral and resource efficient by 2050. Green Deal combines economic, environmental, and social sustainability. Climate policy and climate actions for achieving climate neutrality in 2050 are imperative goals of Green Deal. Innovation Fund provides 10 billion euros of support over 2020-2030 for the commercial demonstration of innovative low-carbon technologies, aiming to bring to the market industrial solutions to decarbonise Europe. 

Digital Decade

Digital Decade aims to make transformation into digital age functional for people and businesses, while helping to achieve its target of a climate-neutral Europe by 2050. The idea is to strengthen Europe’s digital sovereignty and set standards, rather than following those of others.  Digital Decade embraces the digital transformation by investing in businesses, research and innovation for a new generation of technologies. The focus of the strategy is on AI, cybersecurity, high performance computing and advanced connectivity.

Connection to EU projects

These two strategic priorities are intertwined into EU funding programs, like Horizon Europe and Innovation Fund. The funded projects are requested to contribute to the EU policy goals, strategic programmes, legislation and actions. This is mentioned in a call for proposals of the funding programme in question. Therefore the general understanding of the relevant EU priorities and policies is beneficial in the application process.

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