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EU-India Innovation Center

Project description

Promoting European innovation in India

Europe’s commitment to become a science, technology and innovation leader is the guiding light behind EU–India interactions and scientific cooperation. The EU-funded EU-India InnoCenter project will extend the network of centres in India by connecting and supporting European researchers and entrepreneurs to increase their presence in the country, which is considered the most promising and innovative subcontinent. The project will establish a centre that will facilitate European innovators, start-ups and SMEs to enter the country in close cooperation with local technology and innovation agents. The project aims to sustainably establish the EU as a leader in innovation involving local partners and encouraging interactions between them and their European counterparts.

Objective

The challenge of transferring innovation from Europe to India has been a thorn in the side of establishing European presence in third countries and strengthening its position as a science, technology and innovation leader. Europe must take the lead in stimulating and enabling Europe-India interactions and mobilising the ecosystems to build bridges between the regions.
The EU-India InnoCenter is brought to life to extend the network of centres in the world's most dynamic, innovative subcontinent by connecting and supporting European researchers and entrepreneurs to launch and expand their activities in India.
• The long-term strategic objective of the EU-India InnoCenter is to sustainably contribute to the establishment of Europe as a science, technology and innovation leader in India.
• The direct objective of the EU-India InnoCenter is to build a centre in India that will, in close cooperation with local technology and innovation structures, guide European innovators on their journey to soft-landing in India, stimulate constructive co-creation, build an ecosystem of stakeholders, and bolster a two-way technology and knowledge transfer.
The project will support European startups and SMEs to enter India’s market with:
• 35 internationalization bootcamps to consider India for expansion;
• 920 hours of expert consultations to prepare localization strategies;
• 8 vertical-specific market immersion programmes to find the first clients and partners;
• 5 batches of a 3-month programme to help European technologies adapt and scale to the Indian market;
• Network of 30000+ Indian innovators through the consortium partners’ coworking hubs in nine major Indian cities.
The consortium comprises leading startup support organizations covering most of Europe and India with a proven record of bringing top-class internationalization support, business consulting, investment advice and readiness, acceleration, market immersion services to the market.

Call for proposal

H2020-SC6-GOVERNANCE-2018-2019-2020

See other projects for this call

Sub call

H2020-SC6-GOVERNANCE-2020

Coordinator

UAB CIVITTA
Net EU contribution
€ 289 437,50
Address
GEDIMINO AVENUE 27
01104 Vilnius
Lithuania

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Lietuva Sostinės regionas Vilniaus apskritis
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost
€ 353 812,50

Participants (7)