Research and Innovation

Societal Challenge 1: Health, demographic change and wellbeing

SMEs & Risk Finance in H2020

Antoine Mialhe Health Directorate

DG Research & Innovation European Commission

Antoine.mialhe@ec.europa.eu

Research and Innovation

Research and Innovation

FP7 Health & SMEs

• 1 b€ invested in SMEs i.e. 18.4% of FP7 Health

budget

• Over 1,300 SMEs involved accounting for 1,900 participations

• 75% of projects with at least one SME

• Increased support to very small companies

Research and Innovation

SMEs in Horizon 2020

• Over €9 billion devoted to SMEs

• New dedicated SME instrument

• Dedicated financial instruments

• Strong business opportunities within Public Private Partnerships: IMI-2, AAL-2

• Continuation of the SME programme Eureka Eurostars-2

• Fast track to Innovation instrument

Research and Innovation

• Inspired by the US Small Business Innovation Research (SBIR) and INNO-2 calls (2012/13)

• Single company support possible

• Target group: Innovative SMEs

• Competitive, market-oriented, EU dimension

• Open calls

SME instrument

Research and Innovation

SME instrument

Concept & Feasibility

Assessment

Innovation R&D activities

Commercialisation

Phase 2 Phase 1 Phase 3 Idea Market

• Feasibility of concept • Risk assessment • IP regime • Partner search • Design study

• Clinical trials • Development,

prototyping • Miniaturisation/design • Etc.

• Facilitate access to private finance

• Support via networking , training, coaching, knowledge sharing, dissemination

€50,000 ~ 6 months

€1 to 5 million ~36 months

100% funding rate in SC1

No direct funding

Research and Innovation

SME instrument in SC1 2014/15

• Topic: PHC-12: Clinical validation of biomarkers and/or diagnostic medical devices

• Open call with several cut-off dates:

• Phase 1: 18 June, 24 September, 17 December 2014

• Phase 2: 9 October, 17 December 2014

PHC-12 2014 2015

Budget Projects to be funded* Budget Projects to be funded*

Phase 1 €6.6m 130 €4.5m 90

Phase 2 €60m 20 €40m 14

Total €66.1m 150 €45m 104

* Estimates

Research and Innovation

Financial instruments: how it works

Research and Innovation

Financial instruments

• RSFF: Loans service for medium/large organisations

• Medium/large midcaps: €7.5m to €25m

• Large firms: €25m to €300m

• R&I infrastructures, universities: €7.5m to €300m

• RSI: Loans service for innovative SMEs/small midcaps

• SMEs & small midmidcaps: from €25k to €7.5m

• Equity facility for innovative SMEs

• Seed, start-up, early stage, expansion & growth phase

Research and Innovation

http://europa.eu/youreurope/business/funding-grants/access-to-finance/

Browse financial support available in your country

Research and Innovation

Eureka Eurostars 2

• SME-targeted programme

• 100% bottom-up, market-oriented

• 70% of participants are SMEs

• Minimum rule: two organisations from two participating countries. All type of organisations can join.

• Eureka Eurostar 2

• Focus: stimulate growth by means of increasing the levels of research and innovation in SMEs. Support R&D performing SMEs engaging in transnational research and innovation projects

• 200% budget increase

Research and Innovation

Fast Track to Innovation

• Pilot call in 2015 & 2016 - open to all organisations

• Rules & conditions (tbc.):

• Bottom-up topic

• 3 to 5 partners maximum, max. €3 million EU contribution

• Market uptake no later than 3 to 4 years after the start of the project

• Open call, cut-off dates: April, August, November 2015

• Funding rate: 70%

Research and Innovation

Collaborative

projects

Eureka

Eurostars-2 SME instrument

Fast Track to

Innovation IMI-2 AAL-2

Typical project

duration 3-5 years 2-3 years 1-3 years 2 years 5 years 3 years

Mini. partners 3 2 1 3 (maximum 5) 3 3

Mini. countries 3 2 1 3 3 3

Typical

consortium 5-15 partners 3-4 partners 1-2 partners 3-5 partners 15-20 partners 5-10 partners

Typical

partners

Academia &

SMEs

SMEs &

Academia SMEs

Industry, SMEs,

Academia

Big pharma,

academia &

SMEs

SMEs,

academia,

industry

Typical project

coordinator Academia SME SME - Big pharma -

Typical project

budget €3 - 12 million €0.5 - 1.5 million €1 - 5 million €1 – 3 million €15 - 40 million €1 - 5 million

Funding rate 100% +25%

overhead

40 - 75%:

variable per

country

100%/70%+25%

overhead

70%+25%

overhead

100%+25%

overhead

100%+25%

overhead

Type of

projects

Research &

Innovation Innovation Innovation Innovation

Research &

Innovation Innovation

Application Broad topics Bottom-up Broad topics Bottom-up Top down Broad topics

EU funding for SMEs in a nutshell

Research and Innovation

Collaborative

projects

Eureka

Eurostars-2 SME instrument

Fast Track to

Innovation IMI-2 AAL-2

Overall budget

(2014-2020) €8 billion €1.1 billion €3 billion

€200 million

(2014-15) €3.45 billion €0.7 billion

Health

research

theme

All All

Biomarker

validation

(2014-15)

All

Vaccines,

medicines and

treatments

ICT for ageing

well

Funding Horizon 2020

H2020 +

participating

countries

Horizon 2020 Horizon 2020 H2020 + EFPIA

H2020 +

participating

countries

Projects

funded yearly 100 80 30 30 5 20

Call deadline

in 2014

11 March & 15

April 2014 13 March Open calls Starts in 2015

Ad-hoc (July

2014) TBD

Open to US

Yes in SC1

If essential

elsewhere

No No No Yes No

Project

examples

http://www.healthcompetence.eu/converis/publicweb/area/1353

http://www.eurekanetwork.org/project-search

Coming soon Coming soon http://www.imi.europa.eu/content/ongoing-projects

http://www.aal-europe.eu/our-projects/

Website http://ec.europa.eu/research/participants/portal

http://www.eurostars-eureka.eu/

http://ec.europa.eu/research/participants/portal

http://ec.europa.eu/research/participants/portal

http://www.imi.europa.eu/

http://www.aal-europe.eu/

EU funding for SMEs in a nutshell

Research and Innovation

Get prepared

Free of charge services to assist you:

• Practical information & assistance: National Contact Points http://ec.europa.eu/research/participants/portal/desktop/en/support/national_contact_points.html

• Partner search, training, brokerage : Fit for Health 2.0 http://www.fitforhealth.eu/

• IP questions and advices: IPR helpdesk https://www.iprhelpdesk.eu/

• SME regulatory one stop shop: EMA SME office http://www.ema.europa.eu/ema/index.jsp?curl=pages/regulation/general/general_content_000059.jsp

• EU Health projects database http://www.healthcompetence.eu/converis/publicweb/area/1353

• Become evaluator - register as Expert http://ec.europa.eu/research/participants/portal/desktop/en/experts/index.html

• Financial support in your country http://europa.eu/youreurope/business/funding-grants/access-to-finance/