50 Viability Assessment Projects (VAPs) have
been selected for funding in INNOWWIDE’s 1st Call for VAPs, from a
total of 379 applications.
Each six-month project will receive €60,000 in
funding for innovative collaborations between SMEs from EU and associated
countries alongside local partners in target countries.
The target country with highest number of grants
awarded was the USA, with 13 of the 50 funded VAPs. Besides the USA, awards were
spread among 21 countries worldwide, from every continent. The home country
with the highest number of granted VAPs was Spain, a total of 20 project
Regarding the target countries’ categories,
there was a balanced distribution between developed countries and developing countries,
with 19 projects awarded to each category. The remaining 12 projects will take
place in the group of emerging economies.
The majority of the projects that succeeded
were focused on developing technologies in the area of electronics, IT and telecoms.
In relation to market sectors, Energy, Agriculture and Environment will see the
most VAPs from this call.
A list with the granted projects from the 1st
VAP Call will soon be shared in the project website for consultation.
The 2nd INNOWWIDE call will aim to
fund 70 projects, with a total of €4.2m in EU funding. To keep up to date on
the opening of the next call (early 2020), subscribe to the INNOWWIDE
newsletter at innowwide.eu/contact/
ABOUT INNOWWIDE: This EU Horizon 2020 pilot programme is
bringing innovative European SMEs to the forefront of international markets,
providing financial support for viability assessments in cooperation with
stakeholders outside of Europe. INNOWWIDE creates the conditions to
increase uptake of European innovative solutions outside of Europe. The two
INNOWWIDE calls have a combined budget of 7.2 million EUR, which translates
into 120 viability assessments at 60 000 EUR each. INNOWWIDE targets markets in
developing countries; large emerging economies (Brazil, Russia, India, China,
Mexico) and developed countries.