Innowwide

The partnership will be funding 50 projects (a maximum of 25 of those involving counterparts in Africa) to promote the spreading of R&D to markets worldwide. Candidates should choose a region and look for a local counterpart, since the aim is to take research to international markets.

Application process closes on November 15, 2022, and every SME located in any European Union Member States or in any Horizon Europe Associated Countries partnering with a counterpart in Africa, North and South America, the Middle East or Asia-Pacific can apply for it.

The total budget will be worth €3 million and it will fund 50 projects, which means that each market feasibility project will receive €60,000. The financial support rate provided by the EU Partnership on Innovative SMEs / Innowwide is up to 70% of minimum eligible costs of €86,000, which means that each eligible project costs must be at least €86,000 and SMEs will receive €60,000 of funding.

Each SME market feasibility project will receive an advance payment of 70% (worth €42,000 and provided at the beginning). The remaining 30% (worth €18,000) will be provided at the end of the project, once the Final Report has been accepted.  

Conditions

There are three possible options for SMEs to apply for funding:

-Being an SME located in an EU Member State or Horizon Europe Associated Country and having a partner based in a country in North or South America, Asia-Pacific or the Middle East,

-Being an SME located an EU Member State or Horizon Europe Associated Country and having a partner based in an African country,

-Being an SME located in an EU Member State or Horizon Europe Associated Country that submits an application on behalf of an African company that you provide services to.

Eligibility

Candidates must be innovative SMEs that aim to compete and start their business in new and emerging markets worldwide. They must be into an economic activity, either by selling products or by providing services.

According to the guidelines and to the eligibility criteria, a minimum of three experts will evaluate each application focusing on excellence (30%), impact (40%) and quality and efficiency of the implementation (30%), and applications will receive up to 200 points.