Expanding Investments Ecosystems

Closed

Programme Category

EU Competitive Programmes

Programme Name

Horizon Europe (2021-2027)

Programme Description

Horizon Europe is the European Union (EU) funding programme for the period 2021 – 2027, which targets the sectors of research and innovation. The programme’s budget is around € 95.5 billion, of which € 5.4 billion is from NextGenerationEU to stimulate recovery and strengthen the EU’s resilience in the future, and € 4.5 billion is additional aid.

Programme Details

Identifier Code

HORIZON-EIE-2022-SCALEUP-02-01

Call

Expanding Investments Ecosystems

Summary

The Expanding Investments Ecosystems should attract foreign investors into “modest’ and ‘moderate’ innovation ecosystems by raising awareness of local innovation ecosystems and their start-ups, as well as the potential of the whole region, to capital providers from across Europe.

Detailed Call Description

The action supports co-designed programmes of activities, of at least two (2) years, proposed by business acceleration service providers and/or investor networks and clubs, located in less connected innovation ecosystems (‘modest’ and ‘moderate’) and innovation hubs (‘strong innovators’ and innovation leaders’), to facilitate the entry of funders in less connected innovation ecosystems through activities, for example:

  • market orientation / introduction programmes for European investors, including establishment of central points of information for foreign investors providing them with knowledge on the ecosystem’s establishment conditions, incentives, tax and legislation;
  • assistance to foreign EU and international investors / Venture Capitalists, including women investors, during the whole process of investment, from the pre-entry stage until the exit, by ensuring support in administrative, legal, linguistic and cultural issues;
  • organisation of European and worldwide international business forums, conferences and events to attract and connect international with local investors;
  • peer-matching of investors and other networking activities to encourage joint ventures;
  • a repository of best practices of market entry facilitation for international investors;
  • a list of recommendations for local authorities and European regulators to better address investors’ entry challenges and facilitate cross-border deals.

Call Total Budget

€5,00 million

Financing percentage by EU or other bodies / Level of Subsidy or Loan

100%

EU contribution per project: €1,00 million

Eligible costs will take the form of a lump sum.

Thematic Categories

  • Research, Technological Development and Innovation
  • Small-Medium Enterprises and Competitiveness

Eligibility for Participation

  • Financial Institutions
  • Large Enterprises
  • Private Bodies
  • Researchers/Research Centers/Institutions
  • Services Providers
  • Small and Medium Enterprises (SMEs)
  • State-owned Enterprises

Eligibility For Participation Notes

Consortia must have at least three (3) independent legal entities, of which at least one (1) is established in ‘modest’ or ‘moderate’ innovator region and at least one (1) in ‘strong’ or ‘innovation leader’ innovator region.

Target group(s): Business-acceleration providers such as incubators, accelerators, company-builders, innovation agencies, business clubs and networks, public and private VCs and their networks, national and regional promotional banks.

Call Opening Date

21/06/2022

Call Closing Date

04/10/2022

National Contact Point(s)

Research and Innovation Foundation
29a Andrea Michalakopoulou, 1075 Nicosia
P.O.Box 23422, 1683 Nicosia
Phone Number: +357 22205000
Email Address: support@research.org.cy
Website: https://www.research.org.cy/en/

Contact Persons:
Mr. Marinos Photiades
Scientific Officer
Contact phone: +357 22205048
Contact email: mphotiades@research.org.cy

Dr Charalambos Papatryfonos
Scientific Officer
Contact phone: +357 22205016
Contact email: cpapatryfonos@research.org.cy

(Publish Date: 11/02/2022-for internal use only)

EU Contact Point

Εuropean Commission, Directorate-General for Research and Innovation

https://ec.europa.eu/info/departments/research-and-innovation_en#contact