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A pan-European Networked Acceleration Programme to expand acceleration ecosystems and foster the scalability potential of European business

Project description

New pan-European Networked Acceleration Programme connecting different EU innovation ecosystems

The diverse innovation landscape in Europe and the geographical gap among the "innovation leaders" and the less-connected ecosystems highlights that the latter suffer from weaker entrepreneurial activity and scarcer investments. The EU-funded AccelerAction project aims to improve the quality and outreach of business acceleration services in weaker innovation ecosystems in the field of DeepTech by creation of new pan-European Networked Acceleration Programme (EU-NAP) that will be tested in 3-months blended exchange programme for 10 promising start-ups with special focus on gender dimension. To its end the project will encourage entrepreneurial activities, stimulating cooperation among innovation actors generating alliances and strengthening less connected ecosystems to increase their competitiveness & connectivity also thanks to the creation of the virtual platform with match-making feature.

Objective

The European innovation landscape is still geographically unbalanced, negatively affecting more disadvantaged business ecosystems and creating in those areas weaker entrepreneurial activity, scarcer investments and lower employment opportunities. As a consequence, the diverse innovation landscape in Europe and the strong geographical gap among the better-connected innovation ecosystems (‘strong innovators’ and ‘innovation leaders’) and the less connected ones (‘moderate’ and ‘emerging’), leads the start-ups from better-connected ecosystems benefitting from more local accelerators with greater funding opportunities and more qualified business support services compared to their counterparts elsewhere.
Starting from these premises, the mission of the AccelerAction project is to lay the foundations for a reversal trend, by contributing in making moderate and emerging innovation ecosystems more attractive to international companies interested in setting up their businesses outside the established centres and generating a more balanced business activity across Europe. To this end, AccelerAction aims to create more connected and efficient innovation ecosystems in the sector of advanced technologies, supporting the scaling of companies, encouraging innovation and stimulating cooperation among national, regional and local innovation actors through a pan-European Networked Acceleration Programme. These are the AccelerAction objectives in detail: i) improve the quality and outreach of business acceleration services in developing innovation ecosystems; ii) co-design programmes of activities proposed jointly by business acceleration entities located in less connected ecosystems and innovation hubs; iii) strengthening less connected ecosystems to increase their competitiveness & connectivity, and to keep more balanced the business activity across Europe; iv) accelerate gender equality in the innovation ecosystems.

Keywords

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Programme(s)

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Topic(s)

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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.

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.

(opens in new window) HORIZON-EIE-2021-SCALEUP-01

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Coordinator

JO CONSULTING SRL
Net EU contribution

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.

€ 167 965,61
Address
VIA MARIO SANGIORGI 37
95129 Catania
Italy

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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
Isole Sicilia Catania
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

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.

No data

Participants (9)

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