Could your business benefit from VAPs?
Field: VAPs; Innovation; Europe
INNOWWIDE conducts viability assessments of collaborative and INNOvative business solutions in WorldWIDE markets. It is a Horizon 2020 project that aims to fund at least 120 European innovative SMEs and start-ups to conduct Viability Assessment Projects (VAPs) in markets outside of Europe.
This Open Call aims to bring European highly innovative SMEs to the forefront of international markets by allowing them to conduct VAPs in cooperation with local stakeholders. It will, then, create the conditions to increase the uptake of European innovative solutions in markets outside of Europe.
The Viability Assessment Projects (VAPs) have a maximum duration of 6 months. The INNOWWIDE financial support rate is fixed at 70% of eligible costs with a fixed grant of €60,000 Euros for each assessment project.
A VAP is a comprehensive, balanced and coherent set of preliminary technical, market, legal and socioeconomic assessments intended to validate the viability of international, innovative businesses solutions along emerging global value chains.
Find out more here.