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Published byPirkko Kyllönen Modified over 6 years ago
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Financial Support to Third Parties (cascade funding)
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Financial Support to Third Parties
Benefit for SMEs Access to advanced digital technologies and competences Access to infrastructure to test digital innovation Financial support from the EC (typically from to EUR) Quick funding decisions (typically a few weeks) Call for proposals in all four areas How it works Online submission / description of project idea How do products, processes or services become more competitive through the adoption of latest digital technologies Ranking of submitted project ideas
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Financial Support to Third Parties
Open call process Application ends with fixed dates or cut-offs Easy online registration and proposal submission FAQs and guidelines available Evaluation Evaluation panel formed by external experts Defined evaluation criteria such as impact, excellence, quality Short evaluation process (4-7 weeks)
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Financial Support to Third Parties
Granted project / Application Experiment (AE) Pan-European, cross-border collaboration Selected company is not part of the SAE project consortium Dedicated consortium adapted to the SME and partners involved Signature of an AE dedicated Standard Contract (workplan, budget, IPs, etc.) Duration of AE is 6 to 18 months
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Financial Support to Third Parties
Who profits SMEs, start-ups, midcaps H2020 eligible countries Innovative companies (high-tech) Traditional companies (non-tech) Various application domains Advantages for SMEs Funds from the EU passed on to the SMEs directly by the technology provider No entering into a complex contract with the European Commission Lean contract with one of the technology providers
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