Are there any public sources of start-up activity
co-financing right here, right now? What has European Commission to do with co-financing
of promising, innovative and disruptive ideas?
It looks that there is positive answer for both of these
questions. Registered start-up at the beginning of their venture fall under
definition of Small and Medium Enterprises (SMEs). For boosting activity of
such a dedicated financing instrument called "SME Instrument” under Horizon 2020 programme" of European Commission was prepared.
For Information Communication Technologies (ICT), like e-services
or apps, their creators can apply for 70% of co-financing up to EUR 2,5 m in
Open Disruptive Innovation Scheme till 17th of December 2014.
What this co-financing means in practice? Here it means that
for each of EUR 3 of your equity, European Commission will boost you with 7 EUR
of public money to move your invention to prototyping, demonstrating and commercialization,
deal closing phase.
How reaching out for this money looks in practice? You use
dedicated "Participants Portal" guiding you step by step and enabling to fill-in and submit
whole application. What would be success factors? You will find them in
applicant’s guidelines at "Participants Portal" mentioned, but in a nutshell cross-EU character of your invention
and its global potential are welcomed. Innovations don’t end with ICT. Under "SME Instrument" topics you
will find schemes supporting bio and nanotechnologies, eco-innovation, transportation
and many more.
Embrace a larger purpose and go for this money sparky!
