European Commission Directorate-General for International Partnerships (EuropeAid HQ)

Innovation Vouchers

Last update: Apr 15, 2025 Last update: Apr 15, 2025

Details

Location:Cyprus
Cyprus
Contracting authority type:Government / Public Sector
Status:Closed
Budget: EUR 310,000
Award ceiling: EUR 10,000
Award floor:N/A
Sector:Science & Innovation, SME & Private Sector, Research
Languages:English
Eligible applicants:Private Sector
Eligible citizenships:Cyprus
Cyprus
Date posted: May 15, 2024

Attachments 19

Quick summary

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Objectives: The "Innovation Vouchers" Program is designed to support Small and Medium Enterprises (SMEs) in engaging with research and innovation activities. It aims to enable SMEs to collaborate effectively with knowledge-intensive organizations for developing innovative products, services, and solutions to address various challenges or problems. This initiative seeks to enhance SMEs' research capabilities and innovation potential by facilitating access to technical expertise and laboratory infrastructure. By channeling academic research into practical applications, the program encourages SMEs to undertake innovation-related expenditures and fosters collaboration across enterprises and research organizations. Ultimately, the Innovation Vouchers Program aims to address one of the crucial barriers—limited SME engagement in innovative practices—by simplifying funding accessibility, promoting cooperative innovation, and boosting business competitiveness.
Eligibility criteria: Eligible participants for the "Innovation Vouchers" Program are enterprises classified as Small or Medium Sized Enterprises (SMEs) which are productive in nature, demonstrating the ability to justify sales and turnover from operational activities. Specifically, these enterprises should not include those deriving passive income from rights, int...

Description

INNOVATION VOUCHERS INNOVOUCHERS/0524 Short Description "Innovation Vouchers" Program aims to encourage Small and Medium Enterprises (SMEs) to engage in research and innovation activities and to strengthen cooperation between enterprises and knowledge int
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