Horizon Europe is the European Union (EU) funding programme for the period 2021 – 2027, which targets the sectors of research and innovation. The programme’s budget is around € 95.5 billion, of which € 5.4 billion is from NextGenerationEU to stimulate recovery and strengthen the EU’s resilience in the future, and € 4.5 billion is additional aid.
Achieving European Green Deal objectives, and notably a climate neutral and resource efficient economy, requires the full mobilisation of SMEs.
The action will build on and further connect existing EU specialised business support networks and centres – such as the Enterprise Europe Network, the European industry clusters registered under the European Cluster Collaboration Platform, Centres for Advanced Technologies for Industry. They will work in complementarity and close interaction with Open Innovation Test beds, European Digital Innovation Hubs, Start-up Europe etc., but also with academia, social partners and other social innovation actors.
This action will consist in:
Advisory services
Dedicated innovation and capacity building support will be provided to SMEs, to assess their ability to transform their business models and increase their resilience. This will consist of an assessment of SMEs’ innovation and sustainability practices, elaboration of recommendations, notably in view of the uptake of advanced technologies and/or social innovations.
SMEs will receive targeted assistance for the uptake of advanced technologies. SMEs could receive further advisory services according to their level of preparedness such as help and advice on proof of concept, investment readiness, intellectual property (in cooperation with EU funded IP support), technology transfer, adaptation to standards, adaptation to environmental rules, design management, skill development, partner search (including social partners).
Financial support in the form of ‘Third party financing’
As a result of the advisory services and initial assessments, SMEs will receive financial support through calls for SMEs, to implement the elaborated recommendations. This should support amongst other activities the financing of a feasibility study, prototyping, pilot testing, demonstrating, procurement of further specialised consultancy services and coaching services that cannot be provided directly by the project partners, adaptation of business processes, free access and support to use testing facilities, introduction of new IT solutions etc.
At least half of the budget should be allocated to financial support to SMEs in the form of third party financing and it can only be provided in the form of grants. The maximum amount to be granted to each third party is € 50,000.
100%
EU contribution per project: €5,00 million
Research and Innovation Foundation
29a Andrea Michalakopoulou Street, 1075 Nicosia
T.Th. 23422, 1683 Nicosia
+357 22205000
Email: support@research.org.cy
Dr Angelos Ntantos
Scientific Officer
Telephone: 35722205033
Email: antantos@research.org.cy
Dr Ioannis Theodorou
Scientific Officer
Telephone: 35722205038
Email: itheodorou@research.org.cy
(Publish Date: 29/11/2021-for internal use only)
Εuropean Commission, Directorate-General for Research and Innovation
https://ec.europa.eu/info/departments/research-and-innovation_en#contact