Are you an innovative SME with the ambition to compete in new international markets?
Innowwide supports market feasibility projects, creating the favourable conditions you need to increase uptake of your innovative solution in foreign markets.
Innovative SMEs, including young companies and startups from any sector
A market feasibility project is a technical, commercial, legal, and/or socioeconomic validation of an innovative business solution in a new international market as a means of deepening understanding of the target market before launching a new commercial venture.
After your market feasibility project, you should have a clearer understanding of your target market and be able to make informed business decisions.
The programme is fully funded by EU and administrated by the EUREKA secretariat.
Max funding per project is €60,000 euro and the durations of the project is 6 months. The maximum funding rate is 70% of a funding amount fixed at 60,000 euro, so the total eligible project costs must be at least 86,000 euro. Eligible costs: personnel, subcontracting, purchasing costs (travel and subsistence, equipment depreciation, other goods, works and services). 70% of the grant (42,000 euro) will be disbursed at the beginning of project implementation. The remaining 30% (18,000 euro) will be transferred upon delivery and approval of the final report.
