Funding of R&D projects

Categories: Grants for developing R&D projects, Innovation and trends in plastic materials

The European Union is committed to revive and strengthen its economy. This means turning scientific and technological advances into marketable products, processes and services faster to face global competition.

In this respect, 200 M€ have been budgeted during 2015-2016 to fund close to market, business driven projects under the Fast Track to Innovation (FTI) pilot schem.

The FTI pilot is the only measure in Horizon 2020, the new financial Framework program of R&D in Europe, that provides funding for business driven projects, open to all types of participants and proposals in any area of technology or application, without thematic restrictions.

The aim is to reduce the time from idea to market, accelerating the commercialisation process by providing extended funding opportunities through an open and agile scheme. It also aims to increase SMEs and industry investment in research and innovation with a focus on value creation and encourage the participation of first-time applicants to EU research funding. To this end, if a proposal involves technological innovation, the consortium must declare that the technology or the technologies concerned are at least at Technology Readiness Level (TRL) 6.

About the proposals


Consortia must involve between 3 and 5 legal entities established in at least 3 different EU Member States or countries associated to Horizon 2020. First-time industry applicants and SMEs are particularly welcome. Therefore, substantial industry involvement in FTI actions will be mandatory to ensure quick market take-up (within a 3 year period after the start).


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