potential to make your company and skills, in both new and established can turn ideas into grow and scale-up? products, processes and services Do you see co-creation and open that tackle societal challenges. innovation as ways to advance your FTI accelerates the market uptake innovation and enter the market of ground-breaking innovations by within three years? providing funding in an open, Are you looking for substantial funding to accessible scheme that nurtures test, demonstrate and validate your ideas from consortia of innovators innovation with users before full of all types and sizes from across commercial roll-out, potentially via a company or a joint venture? Europe. Then FTI is the scheme for you. Participation by industry defined as — private-for-profit organisations is — Innovation is fostered when new can mandatory; industry is best-placed to emerge and easily translate into ensure the due commercial exploitation of value, shaping new markets and the innovation developed; in addition, laying the foundations of a stronger, company growth and development in order industrial base for Europe. to strengthen Europe's industrial leadership are explicitly pursued with FTI support. Working together, partners with complementary backgrounds, knowledge Principles and funding of FTI FTI supports projects undertaking FTI targets relatively mature, innovation from the demonstration stage ground-breaking new technologies, through to market uptake, including concepts, processes and business activities such as piloting, test-beds, models that need development systems validation in real-world working to be able to shape a new market conditions, validation of business models, and achieve wider deployment. pre-normative research, and If your proposal involves technological innovation, your consortium must declare The maximum EU contribution per project that the technology or the technologies is million (funding rate: 70% for €3 concerned are at at Technology entities; 100% for public, Readiness Level (TRL) 6. The intention will entities). The indicative EU be to bring the TRL up to 8 for contribution per project is expected to be technological innovations and to an between million and million. €1 €2 analogous level of maturity for
potential to make your company grow and scale-up? Do you see co-creation and open innovation as ways to advance your innovation and enter the market within three years? Are you looking for substantial funding to test, demonstrate and validate your innovation with users before full commercial roll-out, potentially via a company or a joint venture? Then FTI is the scheme for you. Innovation is fostered when new can emerge and easily translate into value, shaping new markets and laying the foundations of a stronger, industrial base for Europe. Working together, partners with complementary backgrounds, knowledge and skills, in both new and established can turn ideas into products, processes and services that tackle societal challenges. FTI accelerates the market uptake of ground-breaking innovations by providing funding in an open, accessible scheme that nurtures ideas from consortia of innovators of all types and sizes from across Europe. Participation by industry — defined as private-for-profit organisations — is mandatory; industry is best-placed to ensure the due commercial exploitation of the innovation developed; in addition, company growth and development in order to strengthen Europe's industrial leadership are explicitly pursued with FTI support. Principles and funding of FTI FTI supports projects undertaking innovation from the demonstration stage through to market uptake, including activities such as piloting, test-beds, systems validation in real-world working conditions, validation of business models, pre-normative research, and The maximum EU contribution per project is €3 million (funding rate: 70% for entities; 100% for public, entities). The indicative EU contribution per project is expected to be between €1 million and €2 million. FTI targets relatively mature, ground-breaking new technologies, concepts, processes and business models that need development to be able to shape a new market and achieve wider deployment. If your proposal involves technological innovation, your consortium must declare that the technology or the technologies concerned are at at Technology Readiness Level (TRL) 6. The intention will be to bring the TRL up to 8 for technological innovations and to an analogous level of maturity for