INNOWWIDE call for the internationalization of innovative SMEs

INNOWWIDE is launching two calls for proposals that will focus on supporting innovative European SMEs and start-ups in markets in developing countries, large emerging economies (Brazil, Russia, India, China, Mexico, etc.) and countries developed.

The project is aimed at European SMEs, including young companies and startups, from any sector that seek to compete and start businesses in new and emerging markets outside of Europe. The proposals must contribute with the objective of bringing a new product, service or process to the target market, through the innovative application of existing or new technologies, methodologies or business processes. In addition, they can not last more than six months and will have to include the subcontracting of a collaborating entity in the target country.

Feasibility Assessment Projects (VAP) have a maximum duration of 6 months. The INNOWWIDE financial support rate is set at 70% of the eligible costs with a fixed subsidy of € 60,000 Euros for each evaluation project.

Feasibility Assessment Projects (VAP) are a complete, balanced and coherent set of technical, market, legal and socio-economic preliminary assessments aimed at validating the viability of international and innovative business solutions along emerging global value chains.

The applications are open for both VAPs and Experts:

VAP REQUEST:

SMEs, including young companies and start-ups, from any sector that seek to compete and start businesses in new and emerging markets around the world.

The beneficiary must be a "company" (commercial corporation, cooperative) dedicated to an economic activity (selling products or providing services in the market at a certain price). Newly established companies (start-ups) or companies without economic activity (but expect to enter the market soon) can also qualify as SMEs.

Autonomous, associations and associations or any other entity different from the aforementioned will not be eligible.

The beneficiary must be established in a Member State of the EU or in a country associated with Horizon 2020 (see Annex) and meet the financial viability criteria specified in the INNOWWIDE guidelines.

The beneficiary must commit to establish financial accounts of the project and inform the INNOWWIDE consortium of the execution and results of the VAP.

EXPERTS:

The operation of INNOWWIDE depends entirely on the evaluations carried out by our individual experts. Experts use their skills and knowledge within their field of expertise to provide objective evaluations. They ensure that only the best ideas have the opportunity to receive public funds.

The presentation of proposals is open: until May 31, 2019