INNOWWIDE · Viability assessment of collaborative and INNOvative business solutions in WorldWIDE markets

INNOWWIDE aims to bring European highly innovative SMEs to the forefront of international markets by prototyping and shaping a new and unique financial scheme (the “INNOWWIDE Call for proposals”) that will allow them to conduct Viability Assessment Projects (VAPs) in cooperation with local stakeholders, creating the conditions to increase the uptake of European innovative solutions in markets outside Europe. Two calls will be implemented with a total budget of 7,2M€, allowing to fund 120 VAPs (60k€/VAP), and targeting markets of developing countries, large emerging economies (Brazil, Russia, India, China, Mexico) and developed countries with the same allocation for each of these three country categories.The strength of this initiative lies in: (1) the experience of project partners concerning calls for proposals design and management, having 8 European funding agencies among them; (2) a SME-centric approach, to be implemented thanks to the extensive access and links to the European SMEs that project partners have; and (3) an ambitious stakeholder mobilisation plan with a strong focus on third country players thanks to partners international network of delegations (130 offices abroad in 45 countries).Project impact will be evaluated following a holistic, multilevel assessment approach covering European and international dimensions, done at VAP and at call level, and providing information from qualitative and quantitative points of view. This valuable information will be used to draw R&I policy conclusions, that will be shared with relevant policy bodies through the creation and operation of the “INNOWWIDE Policy Working Group”.