Are you confused as to where and how to fund your innovation idea? No wonder. The European innovation funding landscape is complex – and always changing.
Through our long experience with public innovation financing, and through our highly successful track record, we can help you gain overview, guide you towards the most suitable funding instruments for your company and purpose, and make sure you arrive at a viable and effective funding strategy.
To define a strategy, we will assess all key parameters impacting your choice of funding instrument, including the nature of the project idea; the activities to be funded; the current status of the company; and the anticipated project impact. We will not only analyse your formal eligibility and compatibility with funding instruments. Rather, we will assess your real chances of success based on our experience and on elements such as programme success rates, funded portfolios, programme practice and other informal inputs, which are key to drawing conclusions on the real match and probability of success.
Finally, as part of the strategy, we will include an analysis and presentation of the up-front investment required both in preparing a winning proposal, and in managing a funded project later on in the process. Together, these elements provide the basis for taking the decision to proceed with applications for one or more specific funding instruments.
As an example of our Funding Strategy work for clients requesting a grand overview of funding opportunities for their entire organization, we offer the Innovayt Funding Scan – a point-in-time snapshot of all available funding possibilities in public grants, programmes and incentives.
The Innovayt Funding Scan produces a simple, yet comprehensive report detailing relevant funding instruments according to thematic areas, instruments, and geography. The report includes an overview of possible financing options, giving clear indications of characteristics, eligibility requirements and scope. The purpose of the report is to provide the client with a basis for prioritization of projects and possible funding applications.