2015-03-10 VINNOVAs funding of Finansiering för innovative projects in innovativa företag SME s Maria Kaaman, Dep. of Health VINNOVA SciLifeLab, June 1st 2015
Short facts VINNOVA Governmental agency under Ministry of Enterprise and Innovation The allocation for research and development is 2,7 billion SEK (2,7 million under 2015 National contact point for EU s framework programme in R&D Approx. 200 employees in Stockholm and Brussels Director General is Charlotte Brogren
240 million was invested in Swedish research and innovation 2013 500-250-500 150-250 100-150 75-100 50-75 30-50 20-30 10-20 0-10 (mkr) Sectors 1 200 1 000 1 050 Utbetalat belopp (mkr) 800 666 600 400 354 200 130 204 0 Universitet och högskolor Privata företag Forskningsinstitut Offentlig förvaltning Övriga
Hög risk Tidigt High skede risk Internationell Early stage potential International Nyhet i branschen potential Novelty in industry
New ideas Up to 2 MSEK for researchers and students Support through incubators 100 000 SEK for established firms Start-up Offerings addressing firms with less than 250 employees 500 000 SEK for young firms Development 70% funding from EU s SME instrument International funding Up to 50% funding for all firms 50% funding up to 5 MSEK for EUREKA partnering
100 000 SEK for established Three distributors Almi Företagspartner AB IUC Sverige AB Coompanion Kooperativ Utveckling Hire consultants/universities/institutes Business development or intellectual asset strategies Innovation Voucher Objective: The voucher is a kick-start the company needs to develop the idea.
Up to 2 MSEK for researchers and students Complement the team with business competence Milestone based stage funding up to 2 MSEK Idea with international potential Develop strategy for commercialization Verification Objective: The team shall develop a business together with customers and partners and find private funding to continue the development.
Support through incubators New knowledge intensive firms with international potential Business development, recruitment, sales and funding through incubator services Incubator programme Objective: The incubators will give companies the support they need to accelerate their development and growth.
500 000 SEK for young firms Up to 5 year old firms 100% funding International potential Commercial and technical validation Innovation projects level 1 Objectives: Get private funding for the continuation of the project.
Up to 50% funding, max 5 MSEK Young or established firms 25-50 % funding Innovation projects level 2 International potential Early stages of development Objectives: Development of minimum viable product that triggers next stage of funding.
50% funding up to 5 MSEK Partner in another EUREKA country (34 member countries) Close to market projects with international potential Up to 3-year projects VINNOVA supports the application process Eurostars Objective: Companies shall get partnerships with firms in other EUREKA countries that give them access to competence and networks that speed their development process and international market success.
70% funding from EU SME Instrument VINNOVA s support office guides applications Two offerings: Feasibility study 50 000 euro (phase 1) Horizon 2020 SME Instrument Innovation development and demonstration 0,5-2,5 million euro (phase 2) Business coaching included for free for those approved Tough competition top international competitiveness required Objective: The Horizon 2020 label secures future funding. The tough competition sharpens the strategy and performance of the project.
SME instrument Horizon 2020 Phase 1: Concept and feasibility assessment Phase 2: R&D, demonstration, market replication Phase 3: Commercialisation Idea/Concept = Business plan I Feasibility of concept Risk assessment IP regime Partner search Design study Pilot application intention Business plan II Lump sum: around 50.000 ~ 6 months Development, prototyping, testing Piloting innovative processes, products and services Miniaturisation/design of products Planning & developing scaling-up (market segments, process etc.) Market replication Business plan III Output based payments: 0.5 to 2.5 M EC funding 12 to 24 months Quality label for successful projects Facilitate access to private finance Support via networking, training, coaching, information, addressing i.a. IP management, knowledge sharing, dissemination SME window in the EU financial facilities (debt facility and equity facility) No No direct direct funding funding
Thank you! Maria.Kaaman@vinnova.se Read more: www.vinnova.se/smf/
Extra
Fas 1 - Koncept & Förstudie 50 000 från EU! 70 % stödnivå (100 % inom Hälsa) Förstudie! genomförbarhet av konceptet! riskbedömning! IP strategi! design av utvecklingsprojektet Ansökan på 10 sidor affärsplanslogik Projekttid 6 månader 16
Fas 2 - Innovationsprojektet Mellan 0,5-2,5 miljoner från EU! 70 % stödnivå (100 % inom Hälsa) Innovationsprojekt! Utveckling, prototyper, test! Piloter av innovativa processer, produkter och tjänster! Uppskalning! Design av produkter Ansökan på 30 sidor affärsplanslogik Projekttid 1-2 år 17
A typical Eurostars project in Sweden... 3 participants 2-3 countries 31 months average duration EUREKA Secretariat 2014 2.2 M average project cost
Participants profile EUREKA Secretariat 2014
Technological and market area EUREKA Secretariat 2014
Project partners with Sweden 120 Number of par,cipa,ons by partner country 100 80 60 Applied Funded 40 20 0 Norway Germany Denmark Switzerland United Kingdom France Finland Netherlands Spain Italy Israel EUREKA Secretariat 2014