We would like to show the news about the Fast Track to innovation (FTI) call.
The FTI’s aim is to:
- reduce time from idea to market,
- stimulate the participation of first-time applicants to EU research and innovation funding, and
- increase private sector investment in research and innovation.
Proposals are built on a business plan, and focus foremost on achieving high impact: a high degree of novelty comes with a high chance of either success or failure.
Time-to-grant for participants is targeted to be six months at most. As for other innovation actions, EU funding levels are fixed at 70% of the eligible costs. The maximum EU contribution per action amounts to EUR 3 million.
Proposals for funding must be submitted by consortia comprising between three and five legal entities established in at least three different EU Member States or countries associated to Horizon 2020. Within each consortium there must either be an allocation of at least 60% of the budget to industry participants or the consortium must include a minimum of two industry participants in a consortium of three or four partners, or three industry participants in a consortium of five partners.
Next deadline: 23 October 2018