Vfb2012 access to finance eensw layla burrows

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Enterprise Europe Network Connecting you to New Business Opportunities in Europe Enterprise Europe Network Connecting you to New Business Opportunities in Europe European R & D Funding Layla Burrows

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Business Master Class Slides - Accessing Finance

Transcript of Vfb2012 access to finance eensw layla burrows

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Enterprise Europe Network Connecting you to New Business Opportunities in Europe

Enterprise Europe Network Connecting you to New Business Opportunities in Europe

European R & D Funding Layla Burrows

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52 countries

5,000+ staff

600 host organisations

Operates across the European Trade area covering 21m businesses and a population of over 700m

Includes Russia, Israel, USA, Japan, Korea, Chile…

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Core service offerings

In-country support Partner search for commercial, technical and R & D collaboration

IP support and advice

European R & D funding guidance

Trade Show and Brokerage support Access to over 15,000 business

collaboration opportunities

Information and advice on EU Regulation and Legislation

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Framework Programme 7

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FP77 year programme running 2007 – 2013

Total budget c.€50billion

5 main programme areas:

ideas people euratom capacities cooperation

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Cooperation Theme

Health (€6BN) Security (€1.3BN)

Food Ag. & Biotech (€1.9BN) Environment (€1.8BN)

ICT (€9.1BN) Transport (€4.1BN)

Nanosciences materials & production (€3.5BN)

Socio-economic sciences & humanities (€610M)

Energy (€2.3BN) Space (€1.4BN)

€32BN for collaborative transnational research in ten key thematic areas

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Cooperation Work Programme 2013• Oceans of the Future• Water• Raw materials• Smart cities• Clean & efficient energy• Public sector reform• Brain research• Anti-microbial resistance• Bio resource efficiency

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Key characteristics

Collaborative - partners from at least 3 EU Member States or associate countries (separate legal entities)

Co-financed - 50-75% of R&D effort (100% of management activity). Projects €2m +

Strategic - project must align with the of European Commission’s annual work programmes

Long term – 2-5 years, several years to market

Competitive - Clear IP exploitation and commercial potential, European market requirement, supply chain…

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Who can participate in FP7 ?• SME’s• Corporate / large organisations• Research groups at universities or research institutes• Public or governmental bodies (local, regional,

national)• Postgraduate researchers• International organisations• Charities

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Horizon2020

• 1st Jan 2014 - 2020

• €80Billion

• 3 priorities – Societal challenges, Industrial leadership, Excellent science

• Simplified access & widened participation

• Final FP7 calls in place

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Eurostars

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What is Eurostars?

• First European R&D funding stream focused solely on SMEs.

• Any technology area • Minimum 1 European partner from 1 EU country• Administered by national funding bodies - in UK by

Technology Strategy Board • Deadline 4th April 2013

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What does a project look like?

• Bottom up - any technology area

• Duration - maximum 3 years

• Partners - 3 - 4 (2 - 3 EU countries)

• SME’s - universities and large companies can also participate

• Match-funded - up to 50% funded

• Average project size €1.4m (€214k for UK partner)

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Eligibility • Lead partner must be an R&D performing SME

• No partner or country can contribute more than 75%

• 50% of the project’s core activity should be carried out by SMEs

• Separate legal entities & trading for more than 12 months

• Additional criteria for micro companies, universities and large companies

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• Straightforward application and procedures

• Bottom-up approach - not prescriptive to any particular sector – the right project and level of innovation will be funded

• Short lead-time - 3 months to funding decision

• Minimal reporting and admin - e.g. 1 report every six months

• Success rates - around 1/4 if you are eligible

Benefits of Eurostars

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How can I help?

• Discussion of requirements• Identify opportunity• Partner and consortium search• Review applications prior to submission • Sector specific events / activities • Free, impartial, confidential advice

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Contact

EEN SW www.enterpriseeuropesw.org.uk

FP7 www.cordis.europa.eu/home_en.html

Eurostars www.eurostars-eureka.eu/

[email protected]

01275 370 808

07980 795 239