Horizon 2020 EIC pilot programmes 2019-2020 Hasan Burak TIFTIK Horizon 2020 SME Instrument National Contact Point Istanbul 03 May 2019
Contents • Horizon 2020 in General • EIC Instruments – Pathfinder • FET Open • FET Proactive – Accelerator – Fast Track to Innovation – EIC Prizes 2
EU Framework Programmes – Horizon 2020 M a i n O b j e c t i v e s Enhance economic competitiveness through global cooperation Transform the accumulation of knowledge and experience into economic value Horizon 2020 2014-2020 Generating new businesses and employment Taking science and technology into market by utilizing the sources efficiently Producing solutions for societal, economical and technological challenges Developing new economical relations and accessing to new markets Accessing to latest technology produced and used in other countries 3
EU Framework Programmes and Turkey National Coordination Office Horizon 2020 FP 6 FP 7 2002-2006 2007-2013 2014-2020 (5 years) (7 years) (7 years) 19,1 Billion € 53,2 Billion € 80 Billion €
80 Billion € Budget (2014 -2020) Societal Industrial Excellent Challeghes leadership Science 17 B € 25 B € 30 B € • Health • European Research • Information and • Food, Agr. Council (ERC) Communication Tech. • Energy • Marie-Curie • Nanotechnology • Transport • Research • Biyotechnology • Environment Infrastructure • Space Technologies • Social Sciences • Future and Emerging • SME Instrument • Security Technologies (FET) 5
EIC Instruments €3 billion finance for bottom-up ideas ACCELERATOR Pilot PATHFINDER Pilot € 845 million € 2,100 million Approx.250 projects 2,900 projects FET OPEN + FET SME Instrument Phase 2 / Fast Track to Innovation (FTI) Proactive (grant-only) Future and Emerging OR T echnologies Blended finance (grant-only) (grant + equity) Visionary idea for developing Radically new, highly risky ideas commercially radical and innovative viable and with a potential to scale up technologies Coaching, mentoring and business acceleration services EIC Horizon Prizes + Support actions €50 million
EIC Instruments - TRL Levels
The Pathfinder Pilot
EIC Pathfinder - FET Open Research and Innovation Actions – Fou ndations for radically new future technologies, high-risk & high-impact interdisciplinary research: - Radical vision - Breakthrough technological target - Ambitious interdisciplinary research – Bottom-up and continuously open – 15-page proposal, up to €3 million (indicative), consortium of minimum 3 partners from 3 EU / associated countries
EIC Pathfinder - FET Open Research and Innovation Actions
EIC Pathfinder - FET Proactive Emerging paradigms and communities – Stimulate the emergence of a new technological paradigm – Selected emerging paradigms - Human-Centric AI 2019 - Implantable autonomous devices and materials €52M - Breakthrough zero-emissions energy generation for full decarbonisation - Future technologies for social experience 2020 - Measuring the unmeasurable –– Sub-nanoscale science for Nanometrology €50M - Digital twins for the life-sciences – Up to €4 -5 million , across up to 4 years – 30-page proposal, Minimum 3 partners from 3 EU / AC
EIC Pathfinder - FET Proactive Environmental Intelligence – Stimulate the emergence in Europe around the emerging paradigm of environmental intelligence – Two complementary sub-topics : - new techniques for creating and using dynamic models of environmental evolution 2020 - radically novel approaches to resilient, reliable and environmentally responsible in-situ €18M monitoring – Projects up to € 4 million , up to 4 years – 30-pages proposal, Minimum 3 partners from 3 EU / AC
EIC Pathfinder - FET Open Innovation Launchpad – Turning results from FET-funded projects into genuine societal or economic innovations – Up to €0.1 million over 18 months – Sole applicant or as part of a consortium – Market analysis, business case, technology assessment, IPRs…
EIC Pathfinder - FET Open-Proactive Transition to Innovation Activities – Turn promising results into breakthrough and disruptive innovations – At the end of a typical FET-Open or FET Proactive project (i.e., starting from early-stage technologies ) – Targeted technologies : Micro- and Nano-technologies, Artificial Intelligence and advanced robotics, Technologies for the life sciences, health and treatment, Energy technologies, Interaction technologies – 24 months, €1 -2 million
EIC Pathfinder - Next cut-offs – FET Open - 18 September 2019 - 13 May 2020 – FET Proactive Emerging paradigms and communities - 3 Sep 2019 - 22 Apr 2020 – FET Proactive Environmental Intelligence - 22 Apr 2020
EIC Pathfinder – Evaluation Criteria – For FET Open and Proactive Projects: - Three award criteria: – 60% 'excellence‘ – 20% 'impact’ – 20% 'quality and efficiency of implementation‘ • Time-to-inform: 5 months • Time-to-grant 8 months
EIC Accelerator Pilot Fact : Lack of finance for breakthrough & disruptive innovators – Start-ups, SMEs, Entrepreneurs Solution: EC will also invest, move from grants to equity investments (blended finance) 17.5 million €
Currently SME Instrument SMEI SMEI Phase 1 Phase 2 • 500.000 – 2.5 M € • Lump-sum 50.000 € • TRL 6 • TRL 6 • Budget: %70 • 20.000 € (direct cost) + %25 prepayment (indirect cost) • Cut off: 7 May 2019 • Prepayment: %50 5 Sept. 2019 of the total budget Phase 1 grant support will disappear after 5th September cut-off !
Accelerator – Built on SME Instrument – Individual SMEs with high-risk, high-growth potential aimed at creating new markets and at technology demonstration (TRL 6) level. – Substantial funding for the last stages of development - Product/Service development, trials, prototyping, validation, demonstration an testing in real-world conditions, market conditions – Bottom-up : all sectors, products, services, new business models – Grant - €0.5 - 2.5 million (funding rate 70% of total cost of project) – With equity option (blended finance) - Plus up to € 17.5 million
Accelerator – Blended Finance Option – A new development to get more engagement with private sector and better returns for the EC – Applicants that do not Express such consent will not be considered for a blended finance. – Applicants at System/Subsystem Development (TRL 7-8) may have grant + blended finance option – Applicants at System test, launch and operations (TRL 9) may only have the equity option – EC will have a ‘Special Purpose Vehicle’ (SPV) to make investments where private sector consider risks too great – Applicants agree to consider blended finance if evaluators conclude that project qualifies – if no agreement, no grant and project will be rejected – Any income to EC from equity investment will be put back into programme to fund further projects
TRL Distribution among Instruments Private sector/EC equity (TRL 9 Above) Blended Financing (TRL 7-8) Grants (TRL 6) FET Open – FET Proactive
Accelerator – Step By Step Blended finance only Submission of Proposals Remote Evaluation Ranking of Proposals Interview Grant Agreement Due Diligence In case of blended finance option Equity Investment In case of blended finance option Due Diligence: Investigation taken before entering into an agreement or contract, Review of product, market, customers, Assessment of accounts; debts, turnover, profits, assets, Management team, Patents, Ownership etc. gives confidence that investments will be safe and expectations will be realised. Investment part will be subject to due diligence by SPV team – if this fails, no grant
Accelerator – Next Cut-Offs – Accelerator grant-only - 5 June 2019 – Accelerator blended finance and grant only - 09 October 2019 - 08 January 2020 - 18 March 2020 - 19 May 2020 - 07 October 2020
FTI – Fast Track to Innovation – Fast go-to-market of an industry-driven, innovative concept to grow and scale-up – TRL 6 – Grant-only, Bottom-up – Consortia of 3-5 from 3 EU / AC — *mandatory industry involvement*, Up to €3 million – Next cut-offs - 23 May 2019, - 22 October 2019 - 19 February 2020, - 09 June 2020, - 27 October 2020
EIC – Business Acceleration Services – For SMEs EIC clients (Pathfinder and Accelerator) – Coaching : up to 12 days available (Phase 1 – 3 days) – Mentoring for individual founders, CEOs and leaders – EIC Networking events , such as Corporate Days (companies meet large corporations as potential investors)
EIC Horizon Prizes – Principles Address difficult societal or technological challenges through game-changing innovation Accelerate the development of effective solutions and promote market uptake Apply out-of-the-box, innovative thinking Open participation across sectors and disciplines – innovators, start-ups and scale-ups, entrepreneurs, etc
EIC Horizon Prizes - 2019-2021 SIX CHALLENGE-DRIVEN PRIZES VALUE DEADLINE AFFORDABLE HIGH-TECH FOR HUMANITARIAN AID €5 million 2020 BLOCKCHAINS FOR SOCIAL GOOD €5 million 2019 INNOVATIVE BATTERIES FOR EVEHICLES* €10 million 2020 FUEL FROM THE SUN: ARTIFICIAL PHOTOSYNTHESIS €5 million 2021 EARLY WARNING FOR EPIDEMICS €5 million 2020 LOW-COST SPACE LAUNCH* €10 million 2020 *Open to legal entities from Member States and Associated Countries only
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