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Private
Funds
Funding Gap
(range: 1-3 m)
Public
Funds
Industry
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Angel Investors
Research
Development
Commercialization
IT OFFERS
Funding to find out whether your innovative idea can
translate into market success
Financial support for the development of your
innovative ideas at an early, high-risk stage
Concrete and easy business support and coaching
from design to market, on the basis of a business
(innovation) plan
Guidance on how to identify and attract private
investors
Resources Invested
SME
Instrument
The
Your highway to
innovation
doi:10.2777/43984
European Union, 2013
Reproduction is authorised provided the source is acknowledged.
Research and
Inno vation
PHASE I
PHASE II
PHASE III
Concept &
Feasibility
Assessment
Demonstration
Market Replication
R&D
Idea to Concept
Commercialisation
Market-Maturity to Market
Launch
Concept to Market-Maturity
Elaborated Business
Plan
Market Success
Commercialisable
Output
12-24 months
ACTIVITIES SUPPORTED
PROOF OF CONCEPT
GO-TO-MARKET
Prototyping
Explore IP Regime
Testing
Design Study
Piloting
Miniaturization
Risk Assessment
Scaling-up
Application Development
Financiers/Clients)