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EU funding (7)

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Horizon 2020 - First results

On 6 July, EC published the first results of Horizon 2020 including the statistics of the first 100 calls that closed by 1 December 2014. 36 732 proposals were evaluated by 9 325 experts and about 3 200 projects have been awarded a total of €5.5 billion in EU funding. The overall success rate was about 14% (down from 20% for the whole FP7). France and Belgium had the highest success rates (about 17%). 38% of successful applicants were newcomers, which is a great improvement compared to 13% in the last year of FP7. 40% of newcomers were SMEs and this helped to meet the target of 20% for SME participation (up from 16% in FP7). The SME Instrument introduced in H2020 turned out to be very popular and 5% of the 20% EU financial contribution to SMEs ended up coming from SME Instrument. The popularity - 4 694 new applications  - caused the success rate of SME Instrument to plummet down to 7.3%.

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EU funding benefiting Finnish companies and growth

Jukka Lukkari wrote in the Tekniikka & Talous magazine on the 2nd of April 2015 that EU funding is slipping through Finland’s fingers. It is indeed true that the renewed and more innovation-oriented contents of the EU Horizon 2020 funding program, as well as its accelerated processing speeds, have increased the application activity both in Finland and elsewhere in Europe. This has, in turn, led to even tougher competition than before and to somewhat lowered success rates in the EU area.

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“Will Finland pay for innovations of others?” – Pekka Koponen’s column in Kauppalehti

The European Commission is launching the biggest Framework Programme for Research and Innovation, Horizon 2020. Its budget of 70 billion for seven years is the biggest of its kind in the world. In the previous Framework Programme, Finland was a net recipient: we received 1.33 times more money than we contributed. Many things will change this time around and there is a possibility that we’ll be left with nothing.

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Innovation funding creates an obligation to communicate - Pekka Koponen's column in Kauppalehti

The looming threat of a recession increases the importance of R&D funding, both directly from Tekes and by other means such as tax incentives. Recipients of such funding also have an obligation to communicate to taxpayers about how it is being used, even before specific results are achieved. When the message is clear, new and bold, the media writes. Also positively.

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Spinverse Starts an EU-funding Consultancy Service

The right tools to boost R&D for technology-driven companies

European sources can provide very substantial support for company’s investment in R&D. For example, compared to TEKES, the percentages of allocated funding can be larger: 50% for demonstrations, 75% for research activities and 100% for the coordination of projects. On the other hand, the competition in all EU-funding is tougher, and the amount of bureaucracy higher.

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