European Commission - Internal Market, Industry, Entrepreneurship and SMEs

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Tuscany Innovation Award

Title of measure
Full title in national language:
Premio Innovazione Toscana
Duration:
2019
Policy objectives Plus
Presentation of the measure:

The Tuscany Innovation Award aims to bring out successful projects and entrepreneurial experiences that, over the last two years, have worked to strengthen local roots and supply chains, enhancing and updating them both in production and in projects. They have distinguished themselves by having combined research, innovation and economic results, as well as for having contributed to the development of the Tuscan territory through a quantitative and qualitative growth of its activities and a strong focus on the creation and maintenance of employment.
Three sections of the Tuscany Innovation Award and a special thematic section are established:
• The Tuscany Innovation Award - Innovative start-ups
• The Tuscany Innovation Award - Research, Development and Innovation
• The Tuscany Innovation Award – Patents

 

Budget, source and type of funding
Year
National public funds
Regional public funds
EU Structural Funds
Private funds
Other
Form of funding provided
Grants
Policy learning
To what extent the measure can be considered as a success and worthy of policy learning?:
It is too early to judge the success of the measure (e.g results of first call for proposals still not known).
Evidence of outcomes based on evaluation and other evidence:

A quantitative and qualitative growth of activities and a focus on the creation and maintenance of employment, with particular reference to youth employment and youth graduates.

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

The regional stakeholder should be aware of:

  • How the project is innovative
  • Business model
  • Economic consequences
  • Quantitative and qualitative influence on employment
  • Consequences on local supply chains and productive systems of the region
  • Sustainable development
  • Market and internationalization processes
  • Relationship with public research
Would you recommend this measure as an example of regional good practice to policy-makers from other regions ?:
Yes