UK SME’s have long loved the SMART award run by the Technology Strategy Board. But have you ever wanted a higher contribution and larger grant value especially for the development of prototype phase?
The answer is arriving from Europe in the Open Disruptive Innovation (ODI) competition.
Like SMART it has a number of phases from feasibility to demonstration to market.
Unlike SMART the demonstration phase is funded to 70% of project costs to a max of €2.5million meaning it could be worth 10 times more to you as an SME.
Unlike most of EU funding it is open to Single company submissions!
“Proposed projects should have a potential for disruptive innovation and fast market up-take in ICT
First feasibility calls will open in June 2014 and first demonstration calls October 2014.
Latest information is from EU Info day on Open Disruptive Innovation & Innovation and Entrepreneurship Support in the Horizon 2020
with this presentation particularly worth a visit