Fast Track to Innovation
The Fast Track to Innovation (FTI) grant is part of the Horizon 2020 programme from the European Commision. FTI aims at taking products from demonstration through to market uptake. So, is your innovation ready to be in the market in 3 years?
- Subsidy: €3,000,000
- Funding rate: 70% (private) and 100% (non profit)
- Deadlines: 23 May 2019, 22 October 2019, 19 February 2020, 9 June 2020, 27 October 2020
- Project duration: 3 years
About Fast Track to Innovation
FTI targets relatively mature, ground-breaking new technologies, concepts, processes and business models that need final development to be able to shape a new market and achieve wider deployment. Partners within the consortium support in bringing a product towards the market.
Who can apply?
Min 3 and max 5 legal entities from 3 different H2020 countries. Focus should be on partners from industry. Typicall you collaborate with partners that support with bringing the product to the market. Participation of a large company (distributor, end-user) is recommended.
What is this funding for?
Activities concerning the last phase before market entry of a product including, establishing a manufacturing, supply and assembly workflow, scale up of production, final validation steps to enter the market, but also commercial strategy definition.
Typical life sciences projects
Collaborate with production companies and medical experts to finalize kit design, scale-up and produce a novel in-vitro diagnostic assay
Evaluation ~3 months, project will start after 6 months