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The Single RTDI State Aid Action "RESEARCH - CREATE - INNOVATE" support measure is funded by the Operational Programme Competitiveness, Entrepreneurship and Innovation 2014-2020 (EPAnEK).
The measure aims to support research and innovation, technological development and demonstration at operating enterprises for the development of new or improved products, the development of synergies among enterprises, research and development centres and higher education sector as well as to support the patentability of research results and industrial property. In that context, the main objectives of the measure are:
The maximum duration of each project is 36 months.
Eligible for funding are individual enterprises, group of enterprises and partnerships of enterprises with research institutions. Eligible costs include basic research and development activities, innovation promotion actions and support energies in three intervention categories:
The measure is not published yet.
Stakeholders interested in launching such measures at national and regional level should ensure that regional authorities are effectively aware of the overall procedure and requirements and that they are streamlined.
The terms of reference for participation should be clear. Public funding should be wisely allocated in regions based on their competitive advantages and needs as identified by RIS3 entrepreneurial discovery. Additionally, proposal evaluation mechanisms should ensure that funded projects are market-driven and not research-driven.
Timing and administrative burdens are also critical factors for the success of such programmes. Therefore, appraisal procedures should be short following strictly the set evaluation time schedule. Furthermore, project administration procedures should be clear and simple keeping the administrative burden as low as possible for beneficiaries.
During periods of economic crisis, enterprises, particularly SMEs, have often difficulties in issuing letters of guarantee in order to receive public funding. Therefore, the establishment of a guarantee mechanism for firms could be a catalyst.