Project description
How to bridge the innovation divide
The European innovation ecosystem is currently hindered by fragmentation, with a significant divide between innovation leader regions and emerging innovators. This gap severely hampers the potential of start-ups in less-developed areas to secure the capital and support needed for market success. As a result,deep-tech entrepreneurs in these regions face significant barriers to scaling their businesses. The EU-funded INNOVATE-EU aims to address this disparity by connecting and strengthening five local innovation ecosystems across Europe. By uniting the regions of Aragon, Baden-Württemberg, Latvia, Lithuania, and Northeast Romania, the project will create a more inclusive network, offering targeted support, knowledge exchange, and direct training to help promising deep tech start-ups to bridge the innovation gap.
Objective
The innovation ecosystem of the EU is suffering from a strong fragmentation with a big gap between innovation leader regions and emerging innovators. This divide severely limits the potential for innovative Start-ups from emerging and moderate innovator region to access capital and get adequate support for bringing their innovations to market. To tackle these challenges, INNOVATE-EU will strengthen and connect five local innovation ecosystems: the innovation leader region Baden-Württemberg (BW) in Germany, the moderate innovator regions of Lithuania and Aragon in Spain and the emerging innovator regions of Latvia and Northeast Romania. Its goal is to address the innovation gap between these regions, connect them to an EU-wide network of innovation ecosystems, and strengthen their deep tech Start-ups and Scale-ups by building on three (fundamental) pillars: i) a detailed analysis of the target groups and needs of the local innovation ecosystems followed by knowledge exchange and a detailed action plan to address the disparities, ii) the formation of the interconnected and inclusive INNOVATE-EU innovation support community and its connection to European communities, iii) direct support and trainings for promising deep tech Start-ups and Scale-ups providing them with the necessary knowledge, tools, and contacts for successfully upscaling their business models and bringing their products to market.
Through this approach INNOVATE-EU will create an interconnected and inclusive innovation ecosystem with access to a wider European innovation support community and concrete pathways for existing and emerging deep tech entrepreneurs to access growth and investment opportunities. This will result in the overcoming of the innovation gap between moderately and highly innovative regions in Europe and the unveiling of disruptive and otherwise hidden Start-ups and Scale-ups in deep tech.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences economics and business business and management innovation management
- social sciences economics and business business and management entrepreneurship
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.3.2 - European innovation ecosystems
MAIN PROGRAMME
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HORIZON.3.2.3 - Joint programmes close to innovators
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-CSA - HORIZON Coordination and Support Actions
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-EIE-2024-CONNECT-01
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
70176 STUTTGART
Germany
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.