Fast track innovation call to support the market introduction of innovative solutions will be launched soon.

Fast track innovation is a grant within the H2020 framework, to finance activities of commercialisation of products but also services, processes and business models, carried out between 3 and 5 entities from at least 3 EU countries or associated members. This grant started in 2015, with 3 calls per year and in 2016 has followed the same plan. The last call will open in October. Would you like to participate?

Conditions and characteristics of the aid

• Grant of 70% of the budget up to 100% in the case of non-profit organisations.
• The project must involve 3 to 5 entities from at least 3 EU countries or associated members.
• Minimum 2 industries (in the case of consortia of 3 or 4 entities) or 3 (in consortia of 5) or 60% of the budget, but all types of entities (including individual investors) can participate.

Do you want to know more? Get in touch with us

Example of a successful project April 2016 call

 RichWater is an innovative solution that now aims to make the leap from prototype testing to a commercial version. RichWater's technology is a method to save freshwater and fertiliser in agriculture by treating municipal wastewater for reuse in irrigation. Simultaneously, RichWater offers large water treatment operators the possibility to offer a new product (nutrient-rich, pathogen-free recycled irrigation water) to their potential customers.

Duration: 1 February 2016 - 31 January 2018 (24 months)

Budget: €2,203,756.25 (EC funding: €1,658,703.13)

Outcome of previous calls

In the March call for applications, 16 innovative projects with 72 participants from 16 countries received around €36M. Each of the projects will receive up to €3M. The total number of projects submitted in this call was 236. Only 61% of the projects were accepted and the participation of Spain is the second highest after the UK. Of the 16 approved projects, Spanish entities will coordinate 3 funded projects, and 7 other Spanish entities will participate as partners.

In the June call, 15 innovative projects with 70 participants from 19 countries were selected and the amount that each will receive is €2M. Of the 15 approved projects, only one is coordinated by a Spanish entity and 6 others will participate as partners.

If you think your project could participate, do not hesitate to contact us. Abra-Invest, has a public finance expert team at your disposal.

Other posts that may interest you

Fast track innovation 2015

11 of the 31 projects selected in FTI 2015 have Spanish participation