Open and Disruptive Innovation (ODI) might sound like something turbulent on the technology radar, and turbulent it could indeed be. By investing 90 million Euros (2014-2015) in new ideas from concept feasibility, through demonstration and prototyping, up to supporting commercialisation, the European Commission aims to foster the development of fast-growing, innovative SMEs, with promising, close-to-market ideas bearing high disruptive potential in terms of products, services, models and markets.
Judging by the number of proposals submitted to the first phase, there is a clear sign that European innovators and SMEs are highly motivated to take part in the ODI scheme and push their businesses forward. After the first cut-off date of the SME Instrument call, out of the 2666 proposals registered 885 (33%) were submitted for ODI topic. On short, a very attractive scheme but highly competitive.
The call for proposals will remain open for the years to come with batches of projects funded every 3 to 4 months. Somewhere amongst those proposals and business plans might be tomorrow's next best piece of technological wizardry.
If you are an early stage high risk innovative SME in the ICT sector having an innovative and disruptive idea or looking for support in its prototyping, then go the Horizon 2020 Participant Portal before the 24 September 2014 to send your application. This date marks the next cut-off point for Phase I applications based on concept feasibility. For more information about Phase I and Phase II cut-off dates for 2014 and 2015 visit the H2020 call page.
Still have questions on the SME instrument or Open and Disruptive Innovation?
- Download the useful infographic explaining the SME Instrument
- Visit the ODI page and send us your comments
- Or visit our new Frequently Asked Questions pages: Open Disruptive Innovation FAQs / SME Instrument FAQs