Innowwide call for market feasibility projects
Programme to 91Ïã½¶»ÆÉ«ÊÓÆµ innovative SMEs assess the viability of their commercial or research ambitions for internationalisation.
Programme to 91Ïã½¶»ÆÉ«ÊÓÆµ innovative SMEs assess the viability of their commercial or research ambitions for internationalisation
The Innowwide programme 91Ïã½¶»ÆÉ«ÊÓÆµs innovative SMEs to assess the viability of their commercial or research ambitions for internationalisation in a target country.
By participating, SMEs can conduct market feasibility projects for their innovative solutions over a six-month period, working with local organisations based in their selected target country (in Africa, Americas, Asia or Oceania).
SMEs can carry out a market feasibility project at different stages. For example, when exploring or developing an R&D project idea, or after a successful R&D project to understand whether their new product, process or service might be commercialised in targeted global markets.
What is a market feasibility project?
A market feasibility project includes preliminary technical, market, legal and/or socioeconomic assessments intended to validate the feasibility of your international and innovative business solution (product-, process- or service-market combination) within new and emerging global value chains.
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Funding information
The third Innowwide call has 4.2 million euro budget to fund 70 projects (60,000 euro per market feasibility project).
The Innowwide financial 91Ïã½¶»ÆÉ«ÊÓÆµ rate is up to 70% of minimum eligible costs (personnel, subcontracting, purchasing costs – travel and subsistence, equipment depreciation, other goods, works and services; and indirect costs (automatically calculated on the basis of a 25% flat-rate of the total direct eligible costs, excluding subcontracting)) of 86,000 euro.
Each successful market feasibility project will receive a fixed grant of 60,000 euro.
Eligibility criteria
To apply, you must . Please read all guidelines before submitting a project application. If you do not meet all the eligibility criteria, your application will be rejected.
Application deadline: Tuesday 15 October 2024
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First published 9 August 2024