European Commission - Internal Market, Industry, Entrepreneurship and SMEs

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INNOBONOS – Innovation Vouchers Programme

Title of measure
Full title in national language:
INNOBONOS – Programa de Bonos de Innovación
Duration:
2016 to 2020
Policy objectives Plus
4.1. Direct funding to business R&D and innovation
4.2. Organisational, process and other non-R&D innovation
Presentation of the measure:

This measure is devoted to companies and provides grants as innovation vouchers to support the following business innovation actions:
-    Implementation of business management solutions to control and optimise the business processes and resources;
-    Development of an online business strategy, to increase the business digital presence and sales;
-    Expert advice in knowledge transfer by Canarian R&D Centres, to satisfy the innovation opportunities detected in the company;
-    Expert external consultancy on R&DI management, including the implementation of R&DI management systems, technology surveillance, R&DI tax deductions, etc.;
-    Support in the preparation of R&DI project proposals for national or international calls;
-    Advisory support for the incorporation of ICT innovative technologies to the company to improve its productive processes or boost its commercial activity;
-    Advice for the incorporation of digital transformation technologies and innovations.
The maximum aid intensity would be 70% of the eligible service budget, up to a maximum of 20000 euros.
 

Budget, source and type of funding
Year2016201720182019
National public funds
Regional public funds 3300000300000330000
EU Structural Funds 1870000017000001870000
Private funds
Other
Total2200000020000002200000
Form of funding provided
Grants
Policy learning
To what extent the measure can be considered as a success and worthy of policy learning?:
There has been a positive response by beneficiaries to the measure (e.g. over-subscribed in terms of requested versus available budget) but it is too early to judge results or impact
Evidence of outcomes based on evaluation and other evidence:

No information available.

What are the most important “Do’s and Don’ts” that regional stakeholders should be aware of when launching a similar measure?:

The maximum amount of the grants is quite small (20000 euros), thus it is expected that each project funded will not have a significative impact. However, as Canarias has a low business innovation performance, the measure can be useful to improve the business innovation management procedures and help the companies to undertake more ambition innovation challenges in the future.

Would you recommend this measure as an example of regional good practice to policy-makers from other regions ?:
Yes
Organisation(s) responsible