Objective
The strategic objective of Nordic Investment Program (Nordic AIP) is to help European high-tech start-ups and innovative SMEs to grow and scale up at pan-European and global level.
The strategic objective is supported by the following sub-objectives:
- Stimulate European investments in digital sectors;
- Create increased mutual understanding between investor communities and in particular ICT startups and scaleups.
To achieve these objectives, Nordic AIP consortium will implement the following actions:
- Raise awareness about opportunities for early stage investing in digital sectors;
- Increase the knowledge and actual experience of ICT startups and investors on the investment process into early stage digital companies through the Angel Investment Program (AIP).
- Significantly improve the efficiency of managing investment processes through the development of the Startup Includer technology.
During 24 months, NordicAIP project will deliver the following outputs:
- 200 000 stakeholders are informed about NordicAIP activities;
- Technology platform Startup Includer developed for facilitating cross-border investment processes;
- 16 Angel Investment Programs (AIPs) are organized in 4 countries;
- 1000-1600 applications are received for the AIPs (50-100 in each);
- Selection of 360 ICT startups and scaleups in total, 20 per AIP to enter the Programme;
- 400 investors are involved in the AIP trainings, workshops and due diligence process of the AIPs (25 investors in each AIP) and make an actual investment of 10 000 EUR on average;
- 20% of the investors are cross border from the Nordic region and beyond;
- 16 innovative ICT startups and scaleups receive funding via the AIPs, further syndication activities are stimulated through the joint sessions in the AIP;
- 4 million euros are invested into the ICT startups and scaleups in total (approximately 250 000 per AIP).
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.
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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.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
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.
IA - 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-ICT-2016-2017
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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.
51010 Tartu
Estonia
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.