Project description
Responsible research and innovation for the STEM entrepreneurship ecosystem
Impact investment could deliver social, environmental and economic benefits by relying on an innovative responsible research and innovation (RRI) model for start-ups. The work of the EU-funded RRIstart project will focus on the value of RRI for the STEM entrepreneurship ecosystem. Specifically, it proposes a novel RRI model for start-ups blended with novel RRI-based impact investment indicators. The project will test the developed innovation through a translational piloting approach (from lab to market). Three pilots will be organised, covering environmentally sustainable start-ups from northern Europe, 3D printing and advanced materials in Italy, and bioeconomy (agri-food) in Greece. The overall aim is to bring society closer to science and innovation through impact investment.
Objective
RRIstart responds to the EU efforts to foster impact investment (investment that delivers social, environmental and economic benefits) by developing an innovative RRI-based model for startups, complemented by an RRI-based impact investment indicator list in a multi-stakeholder (beyond quadruple helix) context. Through RRIstart, the consortium aims to demonstrate the value of RRI for the STEM entrepreneurship ecosystem. At the moment, startups and investors do not adopt existing RRI principles and indicators due to the limited compatibility of existing RRI models (tailored mostly for large organizations). Nevertheless, by adopting a lean/agile approach to RRI embedment, RRIstart proposes a novel RRI model for startups blended with novel RRI-based impact investment indicators. RRIstart tests the developed innovation through a translational piloting approach (from lab to market). Three pilots will be organized (on environmentally sustainable startups from Northern Europe, 3D printing & advanced materials in Italy and bioeconomy (agrifood) in Greece). In each pilot, extended quadruple helix actors will be involved in order to assess the feasibility of embedding RRI in startups and to facilitate (public and private) impact investment through the RRI-based indicator set. By adopting a multi-disciplinary approach in a multi-sectoral STEM context, RRIstart will update the SwafS knowledge base through the following: contributing to 9 MoRRI indicators and 9 SDGs; boosting societal engagement towards STEM startups; fostering the recruitment of talent for STEM startups; pairing scientific excellence with social awareness and responsibility by facilitating RRI-based startups and impact investment; creating new market opportunities; bring society closer to science and innovation through impact investment (show-casing the clear benefits of societal engagement in innovation development); and overall, making EU startups and investors more RRI-aware.
Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
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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H2020-EU.5. - SCIENCE WITH AND FOR SOCIETY
MAIN PROGRAMME
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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.
RIA - Research and Innovation action
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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) H2020-SwafS-2018-2020
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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.
00185 Roma
Italy
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.