Innovation vouchers

In order to implement objective no. 1.2.1 “Increasing the intensiveness of RDI activities in the private sector” of Operational Programme for EU Structural Funds Investments for 2014-2020 and seeking for creation of commercialized R&D products, growth of business investment in R&D is essential to promote business enterprises to collaborate with science institutions.

Innovation Vouchers measure encourages business and science institutions to build up primary contacts, to intensify the innovation activities as well as take advantage of the opportunities offered by cooperation. The measure stimulates business and scientific cooperation, increasing the number of joint projects not only in rage of this measure, but also then it is complete, companies actively carry out RDI activities. Innovation Voucher entitles companies to buy R&D expertise or knowledge from research institutions.

There are two types of activities supported under the measure: (1) early stage research and development (R&D) and (2) preparation of technical feasibility studies.

Applicants may receive up to 5.682 euros for contracts with research institutions under which specific R&D services may be performed. Companies may choose a service from a list which includes nearly 2500 R&D services of different types. Applicants may get funding for up to 70 percent of total project eligible costs. The measure speeds up knowledge transfer and commercialization of research results. As a result, companies are encouraged to use the latest scientific achievements in their business. The appeal of Innovation Vouchers is related to its simplicity and low administrative burden both for beneficiaries and administrators.

In view of the fact that the measure is designed to encourage more active RDI activities of companies and promotion of business and scientific collaboration, all private legal entities are potential applicants. Additional requirements for applicants: applicant must be working more than 6 months and have turnover of 3k Eur.

Main results of InnoVouchers scheme for the period 2007-2013.

  • 3 calls for proposals (2012, 2013, 2014).
  • 1407 applications received.
  • 776 projects implemented.
  • 3,3M Eur allocated.
Last updated: 27-12-2017