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Innovation Radar Data-based Identification & Commercialisation

Start Date: 01-11-2019

End Date: 30-04-2022

Id: INNODEC

CORDIS identification number: 871614

This proposal aims to close the gap between investors and research projects from both sides. On the one hand, by placing investors / partners in contact with the research projects with the highest potential and on the other, to coach the projects on raising capital, identifying a business model and developing a sound go-to-market strategy. The approach will ensure scalability while simultaneously catering to the large diversity between the projects and the needs. This is achieved by using data to select the projects with the highest market potential and followed by tailor made support. Giving tailor made support is needed as ownership structures, backgrounds, and challenges vary greatly between projects. Some researchers prefer to transfer or license their innovations as opposed to starting and running a company. The key to success is to first understand each innovation, innovator, investor & partner; only then can their needs and their potential be identified, and can they receive the right kind of support at the right stage.