European Commission - Internal Market, Industry, Entrepreneurship and SMEs

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Innova Plus

Title of measure
Full title in national language:
Innova Plus
Duration:
2018
Policy objectives Plus
4.1. Direct funding to business R&D and innovation
4.2. Organisational, process and other non-R&D innovation
5.3. Innovation awareness-raising
5.4. Innovation management and advisory services
Presentation of the measure:

The objective of INNOVA Plus is to promote and facilitate the development of business measures in terms of R&D+I and, at the same time, to support the implementation of innovative products and processes close to the market. In other words, this programme supports companies that have previously worked on innovative projects to turn them into a business and market reality, therefore expanding the business capabilities of the company.
The maximum grant per company is €30,000 and it covers a maximum of 50% of the eligible costs of the project.
The eligible actions are those related to the introduction of new products or innovative services in the market. All these actions must be preceded by previous phases of research aimed at acquiring new knowledge and skills that may be useful to develop new products, processes, services or to improve the existing ones. These products or services should be included in a TRL 7, 8 or 9 levels.

Budget, source and type of funding
Year20182020
National public funds
Regional public funds €250,00075,000
EU Structural Funds €250,00075,000
Private funds
Other
Total€500,000150,000
Form of funding provided
Grants
Policy learning
To what extent the measure can be considered as a success and worthy of policy learning?:
The measure has achieved its intended targets in terms of results (e.g. number of enterprises investing in innovative projects, people trained)
Evidence of outcomes based on evaluation and other evidence:

It is too early to judge the success of the measure (e.g results of first call for proposals still not known).

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

This support measure came into force in 2018 and it promotes the development of new innovative products and services.
The measure is focused in industrial activities and priority industrial sectors of RIS3 of Cantabria. 
 

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