InnovFin – EU Finance for Innovators

“InnovFin – EU Finance for Innovators” is the joint initiative launched by the European Investment Bank Group (EIB and EIF) in cooperation with the European Commission under Horizon 2020. InnovFin consists of a series of integrated and complementary financing tools and advisory services offered by the EIB Group, covering the entire value chain of research and innovation (R&I) in order to support investments from the smallest to the largest enterprise. InnovFin is available across all eligible sectors under Horizon 2020, in EU Member States  and Associated Countries. By 2020, InnovFin is expected to make over EUR 24bn of debt and equity financing available to innovative companies to support EUR 48bn of final R&I investments. More information are available at: http://www.eib.org/products/blending/innovfin/

Monitoring S3 implementation and results

Here, I just copy and past a relevant news from RIS3 EC Platform. Enjoy the reading.

The European Commission has put strong emphasis on a more results–oriented approach for EU cohesion funding in its legislative proposals for 2014-2020. Relevant guidance documents can be found here. The S3 Platform is planning further activities to support regional and national authorities in the design and implementation of monitoring mechanisms. Future activities will build on our first indicators workshop in Groningen (NL) in January 2013 which lay the technical groundwork for a structured discussion on monitoring S3 implementation. A second workshop took place in Barcelona on 11-12 Dec. 2014 (more information can be found here). The next important event on the topic was the high level conference Research and Innovation Strategies for Smart Specialisation: Challenges and Monitoring Implementation  held in Seville on 6 March 2015. In the context of innovation strategies for smart specialisation (RIS3), monitoring mechanisms perform three fundamental functions: (1) inform about what the strategy achieved and whether implementation is on track and making this information available to decision makers; (2) clarify the logic of intervention of the strategy and make it comprehensible to the broader public; (3) support the constructive involvement and participation of stakeholders through transparent communication and promote trust building. RIS3 monitoring focuses on tracking the developments related to policy interventions within the specific priority areas identified in the strategy. The monitoring mechanism should be able to capture and follow the relevant expected changes that are foreseen in each RIS3 priority by means of an appropriate choice of result indicators; it should also capture and follow the policy output that ought to make expected changes happen. Regions and countries with extensive experience in monitoring innovation strategies and territorial development policies in general should build on existing monitoring structures; those with limited experience in this field should begin to develop their own internal capacities and experience starting with simple indicator systems, following the practical guidelines of S3 Policy Brief 13/2015.

Boosting event in Ancona

Last week, ten of the most innovative startups grown up in Marche region, and selected through the NEXT project, had the opportunity to scale up their business attending an investment readiness workshop on May 11th and pitching their ideas to professional investors the following day, on May 12th. The two days of activities was designed in a way to leverage the participation of SMEs/startups into the NEXT project, on one hand coaching the teams attending, and on the other hand giving them the opportunity to bridge the gap between investors and entrepreneurs. Ten startups have been selected between the applicants to NEXT catalogue and NEXT-IS Platform:
  • Soulshape
  • Kube Design
  • AESIS Therapeautics
  • Nutratech
  • Natural Clima
  • Un paese e cento storie
  • Freello
  • DENPI
  • Polimates
  • Site Specific

SME Instrument day: pre-screening of proposals

FAST, as partner of Entreprise Europe Network, is going to organise on next 28th of May in Milan a day dedicated to the pre-screeing of project proposals related to phase 1 and phase 2 of EU SME INSTRUMENT 2020. The event is regarding innovative SMEs which are interested to submit a new project proposal or to re-submit the former proposal which was not approved before. Check-up and high expertise assistance is ensured toward 8 selected SMEs. Who is interested as to fill-in this template for registration within and not later than 20th of May 2015: MODULO DI REGISTRAZIONE

Boosting event in Ancona, 12.5

On May 12 at the Marche Region, Sala Raffaello, ten start-ups / SMEs in the Adriatic will present their innovative ideas to private investors during a pitch lasting 5 minutes (see agenda, session 11: 00-13 : 00). The event is part of activities under the project NEXT and presented at various road shows organized in recent months in various locations in the territory. The main objective of the NEXT project is to implement a technology platform at the service of the various actors of innovation and research of the Adriatic Ionian: www.nextisplatform.eu. This event is intended to provide a concrete example of the activities that the platform-IS NEXT could support through virtual interaction between the various stakeholders, especially through the encounter between innovative ideas and potential funders. Those interested to attend public sessions can send an email to info.next@regione.marche.it or contact the following no .: 071 8063625 – 8063602. Here the agenda Boosting agenda_regional stakeholders_draft_300415

The Italian Startup Ecosystem: Who is Who

Bring together, map out and promote the main players and protagonists in the Italian startup ecosystem in a single reference. This is the aim of the Who is Who project, the first permanent Observatory focusing on startups and the world of business innovation in Italy. See more at: http://www.italiastartup.it/whoiswho/ and http://www.economyup.it/startup/2070_le-10-regioni-italiane-startup-friendly.htm

A map of startuppers in Italy. Where they are located and who finance them?

3,454 start-ups in Italy since the Star-Up Act come into force on 2013. 142 are located in Marche Region. 57.9% of them are in still in red balance, in while 48 thousand Euro is the medium of their capitalization. Only 9 have assets over 1 mlion of Euro (they are located between Milan and Bologna area). Here, the geolocation of start-ups (who they are, where the are, what they do, how many work for them, how much is their company’s assets and turnover), the map of bank creditors, the exit strategies and private fund investors; numbers and false mythos of this ecosystem, Source: http://www.infodata.ilsole24ore.com/2015/03/06/ecco-la-mappa-delle-startup-sei-su-dieci-ancora-in-perdita-cerca-gli-startuppers-nelle-tua-citta/?uuid=vjyOfPVe

Enterprises: 10 billion of euro to SMEs for growth and innovation

It is the plafond amount costituted by Intesa Sanpaolo Bank and Small Industry Enterpreunership Italian Association (Confindustria Piccola Industria) for Italian SMEs. The objective is to foster the access to the bank credit and the growth of these enterprises. This amount will be add to the former 35 billion already committed in the previous years and addressed to finanze research and development projects and for internationalisation project as well. Following the full article at: http://www.energiesensibili.it/it/imprese-10-miliardi-di-euro-alle-pmi-crescita-e-innovazione/