Community Research and Development Information Service - CORDIS

Specific challenge: Industrial investments into research, technological development and innovation in Europe, in particular with the aim to bridge the valley of death and prepare new manufacturing capacities, will often need a combination of funding instruments, including EU, national and regional funding, making use of structural and regional funds, as well as private financing. The KET High Level Group underlines the need for efficient combination of funding as a key factor for investments into large-scale pilot lines as a crucial step towards commercial exploitation of new developments. New public programmes are being developed and implemented in connection with the next EU multi-annual financial framework including Horizon 2020 and regional and structural funds. While the responsible authorities are committed to make the instruments compatible, industrial stakeholders including SMEs need to understand what this means, how best to use this for their project, and how to combine public support with private financing as needed. They need to satisfy the different requirements in relation to project quality, cooperation arrangements, reporting, risks and other aspects, while also smart specialisation strategies, competition and state aid rules as well as the industrial decision structures need to be respected.

Scope:  A coordination action should bring public and private stakeholders together to structure the key questions for the funding of large-scale RDI projects through different funding sources. A number of different though typical cases, should be prepared for concrete investments combining different public and private funding and financing sources, e.g. representing specific KET or preferably cross-KET applications, large and small organisations, larger or smaller consortia etc. While the focus should be on the NMP areas and biotechnologies, the other KETs may also be represented (especially as cross-KETs applications).  On this basis practical needs, decision parameters, need for advice and support and best practices will be analysed, covering the entire process of decision making and preparation of actions on the private as well as public side, and taking into account the situation of individual organisations as well as consortia.  Overall, the action should help to provide guidance for stakeholders as well as policy makers on the combination of funding instruments and establish recommendations for European policy measures as relevant.

The Commission considers that proposals requesting a contribution from the EU between EUR 500 000 and 1 000 000 would allow this specific challenge to be addressed appropriately. Nonetheless, this does not preclude submission and selection of proposals requesting other amounts. No more than one proposal will be funded.

Expected impact:   Increasing the number of projects using combinations of funding instruments, acceleration of investments into pilot lines and other relevant RDI follow-up activities towards commercialisation, lessons learned for EU policy making, better definition of public funding instruments in view of their compatibility, improving the awareness and knowledge on funding and financing strategies in industry.

Type of action: Coordination and Support Action

Record Number: 665037 / Last updated on: 2015-03-25