INNOWWIDE – Viability assessment of collaborative and INNOvative business solutions in WorldWIDE markets, 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. INNOWIDE will implement two calls with a total budget of 7,2M€, and is expected to fund 120 VAPs (60.000 €/VAP). The calls will target markets of developing countries, large emerging economies (Brazil, Russia, India, China, Mexico, etc.) and developed countries. The VAPs will be selected through a competitive selection procedure
The first call has already closed. Waiting for the launch of the second call.
Type of Fund & Amount
The INNOWWIDE financial support rate is fixed at 70% of eligible costs with a fixed grant of €60,000 Euros for each assessment project.
For-profit innovative SMEs, including young companies and start-ups, from any sector looking to compete and start business in new and emerging markets around the world. You must be established in an EU Member State or a Horizon 2020 associated country. The project must specify a partner entity (subcontractor) from the VAP focus country or countries