Over the lifetime of the project, ACTPHAST 4.0 has achieved many excellent results, in particular:
• High levels of awareness-building with European industry on the innovation power of photonics with over 500.000 estimated readership for press releases including success stories of the supported companies, over 35.000 visitors to the website, and over 14.600 persons reached through 469 targeted outreach campaigns by the ACTPHAST 4.0 partners working collaboratively with complementary EU networks in particular EEN;
• 272 high quality leads generated from companies across 29 EU member states / associate members;
• 165 one-to-one scouting engagements between top photonics experts of the ACTPHAST 4.0 partners and the companies selected as qualified leads, with the photonics experts matched specifically to the innovation needs of the companies;
• 141 full project proposals written by the appointed project leaders from the ACTPHAST 4.0 partners working in close collaboration with their assigned companies;
• 109 contracted projects for deep innovation support with companies from 21 EU member states / associate members; high quality proposals with 85% approval rating;
• 94% of the innovation projects were with SMEs;
• 69% of the innovation projects were with “non-photonics” companies from across 12 different industry domains;
• The innovation projects had an average duration of 6,5 months and TRL advancement of 2,1 levels;
• Average innovation project budget including the in-kind contributions of the companies was 70k€, of which 40k€ is paid by ACTPHAST 4.0 giving an average leverage factor of 1,8 times on the total Research & Innovation expenditure resulting from the EU investment;
• All of the 7 technology platforms and the full supply chain of innovation activities provided by ACTPHAST 4.0 were actively used across the innovation projects, demonstrating the effectiveness of ACTPHAST 4.0 as a “one-stop-shop” incubator;
• 63% of the innovation projects involved a cross-border co-creation engagement between the company and the ACTPHAST 4.0 partners involved, demonstrating the European added value;
• Very high satisfaction scores provided by the supported companies, averaging 4 out of 5, across a wide range of support criteria.
As such, ACTPHAST 4.0 achieved all of its important and ambitious KPI targets for the overall project. This is in spite of the Covid crisis which negatively impacted on the workings of the project for a period of over 40% of the overall project duration.