What is the Innovation radar?
The Innovation Radar is an initiative of the European Commission focused on the identification of high potential innovations and the key innovators behind them in FP7, CIP and Horizon 2020 projects. It supports innovators by suggesting a range of targeted actions to assist them in fulfilling their potential in the market. It is an initiative that involves:
- Assessing the maturity of innovations developed within the FP7 and H2020 projects and identifying high potential innovators and innovations (using a model developed by JRC-IPTS)
- Providing guidance during the project duration in terms of the most appropriate steps to reach the market
- Supporting innovators through EU (and non-EU) funded entrepreneurship initiatives to cover specific needs concerning networking, access to finance, Intellectual Property Rights, etc.
Using the radar, the best EU-funded innovators have been identified to compete with their EU-funded innovation for the annual Innovation Radar Prize. The top 20 innovators will be given the chance to compete in the Innovation Radar final, at the ICT Proposers' Day event in Budapest (taking place on 9 November 2017).
Who can benefit from the Innovation radar?
The Innovation Radar covers all ICT research and/or innovation projects that the Commission has launched under Horizon 2020. It also covers ICT projects launched under FP7 and CIP. Therefore, innovators participating in one of these projects can benefit.
The potential innovations and/or innovators are identified with the help of external innovation experts and based on objective criteria discussed in the project reviews. The best innovators will be promoted through the Digital Single Market webpages in order to gain visibility among potential investors, users and buyers.