Diapositiva 1

1
Finding a way or making one
2
Finding a way or making one
Labors headquarter is in Rome
Labor

3
Finding a way or making one
4
Finding a way or making one
Labors headquarter is in Rome
5
(No Transcript)
6
(No Transcript)
7
(No Transcript)
8
Finding a way or making one
SME Instruments how it works
Strategic positioning
Horizon 2020 SME instrument Target Business
innovation motivated SMEs
Eurostars 2 Target RD intensive SME
Horizon 2020 Collaborative Research Target RD
topics
RD driven projects
Market opportunity driven projects
9
Finding a way or making one
SME Instruments expected technology readiness
level
TRL 1  basic principles observed and
reported   TRL 2  technology concept and/or
application formulated   TRL 3  Analytical and
experimental critical function and/or
characteristic proof of concept ? TRL 4 
Technology validated in laboratory
environment ? TRL 5  Technology validated in
relevant environment (industrially
relevant environment in the case of key enabling
technologies) ? TRL 6  Technology demonstrated
in relevant environment
(industrially relevant environment in the case of
key enabling technologies) ? TRL 7  System
prototype demonstration in operational
environment ? TRL 8  System complete and
qualified through test and demonstration ? TRL
9  Actual system proven in operational
environment
10
Finding a way or making one
SME Instruments how it works
0,5 to 2,5 M
11
(No Transcript)
12
Finding a way or making one

• Evaluation criteria
• Excellence
• Impact
• Quality and efficiency of the implementation

13
Finding a way or making one
Who can apply? Only a single for-profit SME or a
consortium of for-profit SMEs can apply for
funding under the SME instrument. Other partners
like research providers or larger companies can
be involved as third parties, in general in a
subcontracting relationship. Is it possible for
a start-up (without balance sheet) to apply?
Start-ups are not excluded but the SME
instrument is not meant as a company creation
vehicle/instrument but rather supports the growth
of the companies with interesting, innovative
ideas bearing European or global potential. To
which extent can research and development
activities be supported? The core of the work to
be supported by this scheme concerns innovation
activities and envisaging a TRL 6 and higher (or
similar for non-technological innovations).
However, some parts of the activities conducted
may include some research and development.
14
Finding a way or making one
How much is the co-financing rate? co-financing
rate is 70 overhead costs flat rate 25 How
does the lump sum funding relate to the 70
co-financing rule? The lump sum for phase 1 has
been established by the Commission on the basis
of objective statistical means. The total
eligible cost for a phase 1 project has been
fixed at EUR 71,249. Applying the co-financing
rate of 70, the amount of the grant is
established at EUR 50,000. Is there an advance
payment of grant money? Yes. For Phase 1, there
will be an advance payment of 40 of the lump sum
of EUR 50,000. The guarantee fund will however
retain 5 of the total amount of the grant.
15
Finding a way or making one
How we work our business model is based on a
Technology Push/Market pull paradigm. Each year
we gather among European Research Centres a
hundred of potential high impact technologies and
business ideas with the aim of building a
potential innovation portfolio for new product or
services.
Technology Portfolio 100 innovative
technologies each year
Technology scouting
16
Finding a way or making one
How we work Once the portfolio is built, a
preliminary evaluation and selection of the
technologies/business ideas is performed on the
basis of the success probability to obtain a
grant.
Preliminary selection based on business analysis
Selection of business partners
17
Finding a way or making one
How we work Once the business ideas have been
selected, we gather all the textual contributions
from the companies in order to build a business
model on the product concept. In the final stage
we take care of the proposal wording. At this
stage the services are free for the proponent
company.
Project Consortium
Project Proposal
Enterpreneurs
THE MOUSE
0
Researchers
18
Finding a way or making one
The SMEs Instrument how it works
Once the proposal is complete, we take care of
its submission to the EC on behalf of the
proponent company for the access to Phase 1.
Project proposal
THE MOUSE
19
Finding a way or making one
The SMEs Instrument how it works
50K
If the proposal is elected for funding, the next
stage is the phase 1 the EC finances the
consortium with a lump sum o about 50 thousand
Euro in order to prepare a feasibility study
mainly focused on the cost benefit analysis and
the business plan.
Proponent SME
20
Finding a way or making one
The SMEs Instrument how it works
The Business Plan and the Cost Benefit Analysis
is the main task of the phase 1 which lasts about
6 months. In collaboration with companies
involved in the project, we develop the final
Report of the phase1.
Phase1 Cost/Benefit Analysis
Proponent SME
50K
21
Finding a way or making one
The SMEs Instrument how it works
Once the Report is ready and supervised by the
Consortium, we submit the file to the ECs
evaluators.
22
Finding a way or making one
The SMEs Instrument how it works
0,5 - 2,5M
If the Report convinces the ECs evaluators that
the product or the service could be a good
innovative business, the Consortium gains the
access to the phase 2 with a budget in the range
of 0.5 to 2.5 Million Euro.
Project Consortium (even a single SME)
23
Finding a way or making one
The SMEs Instrument how it works
Phase 2 RD project
Budget distribution
8 Management
10 RD
SMEs Subcontractors
72 Demonstration
SMEs Subcontractors
10 Dissemination
SMEs Subcontractors
24
Finding a way or making one
The SMEs Instrument how it works
Phase 2 RD project
Reports
Prototypes
SMEs
25
Finding a way or making one
The SMEs Instrument how it works
The last stage is the phase 3 in which the
participant companies get in touch with the
private equity funds for the commercialisation
phase of the product.
Venture Capital
Company/s
Engineering Marketing
26
Finding a way or making one
For any further question
Alessandro Rufo a.rufo_at_labor-roma.it Skype
alessandro.rufo.labor Mob. [phone]