1stCallWinners

INNOWWIDE CALL 1: The 50 winners of the 1st Call for VAPs have been selected for a total of €3m in EU funding

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 applicants.

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.

Tags: No tags
0

Comments are closed.