Grants focused on companies, mainly SMEs, for the development of technologies and innovations, especially Key Enabling Technologies (KET), access to Risk Finance, and Bottom-Up Projects market oriented with New SME instrument.
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GRANTS FOR ENHANCING THE INNOVATION CAPACITY OF SMES
INNOSUP-05-2016-2017 Peer learning of innovation agencies
Specific ChallengeInnovation support agencies, i.e. the regional and national agencies that design and/or implement innovation support programmes for SMEs are important intermediaries for SME innovation. Focus, design and delivery mechanism of innovation...
INNOSUP-02-2016 European SME innovation Associate - pilot
Specific ChallengeThe lack of access to skills, to latest knowledge and capacity to manage innovation processes effectively, have been identified as major barriers for innovation in SMEs. Individual SMEs are at a disadvantage to recruit specialised...
INNOSUP-04-2016 SMEs for social innovation – Challenge platform
Specific ChallengeToo many societal challenges remain without solutions while too few SMEs engage into social innovation. The action aims at incentivising more SMEs to seize innovation opportunities arising from social needs or societal challenges,...
INNOSUP-5–2014 Peer learning of innovation agencies
Specific challengeInnovation support agencies, i.e. the regional and national agencies that design and/or implement innovation support programmes for SMEs are important intermediaries for SME innovation. Focus, design and delivery mechanism of innovation...
Small, innovative companies create the majority of new jobs in the European economy. A strong rationale exists for public support to SMEs' innovation activities in order to overcome market failures specific to SMEs and to fully realise their growth potential. The public supports ‘SME innovation’ with grants, subsidised loans, equity and a wide range of innovation support services. However, SMEs receiving innovation support often remain dissatisfied with the services they receive; while at the same time the public expects a higher return from the support provided. While major new drivers for SME innovation, like online collaboration or reverse innovation, are hardly recognised by the public support provided, established support services assist mainly clearly defined technical projects within single enterprises. Public support pays much less attention to the creation of favourable ecosystem for SME innovation in which public enterprises, SME intermediaries, direct and indirect customers, end-users, suppliers and enterprises with complementary skills are encouraged to collaborate for radical innovation that may not yet be described and formulated as project.
Emerging innovation trends help SMEs overcome some of the size disadvantages they face. Mobilizing, coordinating and exploiting resources across national borders, sectors and firms will be key for SMEs as innovation moves away from a sequential logic towards a networked-based approach extending over borders.
Generally, the actions are designed to provide opportunities to Member States and regions to enhance their services through collaboration, peer-learning and uptake of new approaches. In addition several actions will focus on the identification, further development and dissemination of skills and expertise among SMEs. The Enterprise Europe Network present in all European regions and co-financed by them and the Member States is expected to play an important role for catalysing such development processes.