Project description
Bridging innovation divides in Europe’s start-up realm
Innovation knows no borders, yet some regions face challenges in harnessing their full potential. They struggle to flourish due to limited investor engagement, fragmented ecosystems and an undue focus on rapid exits. Europe’s vibrant start-up scene also grapples with generating deep-tech deal flow. In this context, the EU-funded atTRACTION project aims to forge connections between the innovation hubs of Wielkopolska, Lithuania, and Andalusia’s ecosystems with powerful networks of Germany and France. This cross-pollination of ideas and practices is aimed at stimulating innovation and collaboration. By creating curated joint deal flows, boosting co-investments and championing underrepresented founders, atTRACTION paves a transformative path towards a more united, resilient and inclusive European innovation landscape.
Objective
Assumptions:
- There are many incubation and acceleration programmes in ‘modest’ and ‘moderate’ innovation ecosystems, however there is much fewer investors operating there as well the volume of capital available and actors of innovation ecosystems are not well connected
- The potential investors (capital and industry) need relationships of trust with locally-based co-investors of smaller scale that would help them with the local deal flow as well as regulation guidance
- The start-up ecosystems all over the world are oriented toward speed exits, which does not favour deep-tech start-ups, that need more time for development
- Even the vibrant start-up hubs in Europe have problems in creation of deep-tech deal flow
Objectives of atTRACTION:
1. To connect the ecosystems in Wielkopolska, Lithuania and Andalusia to strong innovation networks of Germany and France and:
- stimulate cross-fertilisation effects through best practice sharing and learning by cooperation
- syndicate a curated pipeline and portfolio of companies at different funding stages to create joint, syndicated, thematically focused deal flows that attract international investors
- boost existing support programmes of business acceleration providers
2. To create investment opportunities for society-relevant deep-tech solutions: twin transition and health-tech, IOT& AI for social challenges
Project idea:
- Attraction and connection of existing acceleration initiatives and investment networks from the participating areas
- Development of durable international relationships through concrete actions, i.e. pilot acceleration programs oriented on society needs solutions stemming from R&D
- Joint activities increasing the level of trust among investors and founders from less connected ecosystems
- Create syndicated, international deal flows in selected category of technologies
- Boost co-investments in less connected regions
- Support start-ups diversity backgrounds founders (women, migrants founders)
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.
- natural sciences computer and information sciences internet internet of things
- natural sciences biological sciences ecology ecosystems
- social sciences sociology demography human migrations
You need to log in or register to use this function
We are sorry... an unexpected error occurred during execution.
You need to be authenticated. Your session might have expired.
Thank you for your feedback. You will soon receive an email to confirm the submission. If you have selected to be notified about the reporting status, you will also be contacted when the reporting status will change.
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.
-
HORIZON.3.2 - European innovation ecosystems
MAIN PROGRAMME
See all projects funded under this programme -
HORIZON.3.2.3 - Joint programmes close to innovators
See all projects funded under this programme
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
See all projects funded under this funding scheme
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-2022-SCALEUP-02
See all projects funded under this callCoordinator
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.
61-612 Poznan
Poland
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.