INNOWWIDE is launching two calls for proposals that will focus on supporting innovative European SMEs and start-ups in targeting markets of developing countries, large emerging economies (Brazil, Russia, India, China, Mexico etc.) and developed countries.
The Viability Assessment Projects (VAPs) have a maximum duration of 6 months. The INNOWWIDE financial support rate is fixed at 70% of eligible costs with a fixed grant of €60,000 Euros for each assessment project.
What is a VAP?
Viability Assessment Projects (VAPs) are a comprehensive, balanced and coherent set of preliminary technical, market, legal and socioeconomic assessments intended to validate the viability of international, innovative businesses solutions along emerging global value chains.
They should identify and assess key framework conditions that may favour or block the effective deployment of collaborative solutions and models in target third countries.
VAPs also include a refined and viable definition of such business solutions and models, together with their implementation strategies.
Applications are open for both VAPs and Experts. More information on both applications are available below:
Who can apply?
Innovative SMEs, including young companies and start-ups from any sector:
Self-employed, partnerships and associations or any other entity different from the above mentioned will not be eligible for INNOWWIDE funding.
How can apply?
The budget available for the Call 2 is €4.2 M (to be divided approximately one third per target country group).
Each approved VAP will receive a fixed grant amount of €60,000, representing a maximum of 70% of total eligible costs (staff, consumables, equipment, subcontracting, others) which must be a minimum of €86,000. 50% will be disbursed at the beginning. Upon submission and approval of the final report after VAP finalization the beneficiary will receive the remaining 50%. There is no specific limit to the sub-contracting budget.
Only one successful application per applicant SME will be funded by the INNOWWIDE CSA.