Project description
An innovative radar to drive innovation
A vibrant innovation ecosystem is made up of like-minded innovators, investors and partners. Whether it’s about getting started or taking a venture to the next level, collaboration is key every step of the way. The most common reason for failure is the inability to match a project with a suitable investor. The EU-funded INNODEC project is working to ensure success on both sides. It is designing an innovation radar that will help pair investors with research projects that show the greatest potential. It will also assist projects raise capital and identify the business model that best suits their needs. The overall objective is to provide tailor-made support to both potential investors and projects to facilitate increased investments.
Objective
This proposal aims to close the gap between investors and research projects from both sides. On the one hand, by placing investors / partners in contact with the research projects with the highest potential and on the other, to coach the projects on raising capital, identifying a business model and developing a sound go-to-market strategy. The approach will ensure scalability while simultaneously catering to the large diversity between the projects and the needs. This is achieved by using data to select the projects with the highest market potential and followed by tailor made support. Giving tailor made support is needed as ownership structures, backgrounds, and challenges vary greatly between projects. Some researchers prefer to transfer or license their innovations as opposed to starting and running a company. The key to success is to first understand each innovation, innovator, investor & partner; only then can their needs and their potential be identified, and can they receive the right kind of support at the right stage.
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.
- social sciences economics and business business and management innovation management
- social sciences economics and business business and management business models
- engineering and technology electrical engineering, electronic engineering, information engineering information engineering telecommunications radio technology radar
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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.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.
CSA - Coordination and support 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-2018-20
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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.
6300 Zug
Switzerland
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.