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Looking for a way to fast track to innovation procurement? Check out the InnoBuyer project!

Are you a buyer or innovation supplier and do you wish to fast track to innovation procurement? The InnoBuyer project brings together procurers and innovation suppliers to jointly co-create solutions to a common challenge proposed by the procurer, with coaching and financial support.

date:  24/10/2022

InnoBuyer is a project funded by the European Union’s Horizon Europe research and innovation programme. It brings together procurers and innovation suppliers (notably EIC supported SMEs) to jointly co-create solutions to a common challenge, while also facilitating the procurer adoption and the innovation supplier commercialization of the solution.

In a nutshell:

  • InnoBuyer is fast: procurers and providers work together on innovative solutions to solve specific needs, and co-create a pilot in 10 months;
  • InnoBuyer is sponsored: the EU project provides a €1.5M fund to support this new model for innovation procurement;
  • InnoBuyer is secure: the InnoBuyer team facilitates and oversees the co-creation process all the way through.

Are you a public buyer? InnoBuyer can support you economically and with the collaboration of experts to:

  • Identify and describe unmet innovation needs in your organisation;
  • Identify solutions and providers for your innovation challenge;
  • Co-create solutions with innovative companies during a 10-month period;
  • Conceptualise Terms of Reference specifications for a simplified form of innovation procurement.

Are you an innovation supplier? InnoBuyer will help you to:

  • Connect with buyers and learn more about their unmet innovation needs;
  • Offer your innovative solutions;
  • Co-create solutions with the public buyer during a 10-month pilot with coaching and funding support;
  • Establish strong connections that will enable generating new business or access to other customers.

Want to know more ? Visit the InnoBuyer project official website.