The Fast Track to Innovation (FTI) is a fully bottom-up innovation support programme promoting close-to-market innovation activities. It FTI supports actions undertaking innovation from the demonstration stage to market uptake ( piloting, test-beds, systems validation in real-world working conditions, validation of business models, pre-normative research, and standard-setting…)
It aims to accelerate the development of new, mature technologies in order to bring innovative products, services or processes to the market within 36 months of the project’s launch. Innovations should at least be at TRL 6 before the project starts, and be brought to TRL 8 by the end of the project.
The FTI is open to industry-driven consortia that can be composed of all types of participants. The expected consortia are relatively small (3 to 5 partners from a minimum of 3 Member States) and the projects are expected to last 2 to 3 years, with a maximum budget of 3 million €. The funding rate covers 70% of eligible costs (100% for non-profit entities).
- All companies: SMEs, large groups, mid-caps, academics, clusters, start-ups, any other organization that has a role in commercialization.
- Industrials (large groups, SMEs, mid-caps) represent at least 60% of the budget or are in the majority in the consortium.
- All disciplines and sectors covered. Emphasis on intersectoral collaboration.