€30.5 million awarded to 15 new Fast Track to Innovation projects
As a result of the third round of the Fast Track to Innovation (FTI) scheme (December 2015 cut-off-date), the European Commission selected 15 innovative projects involving 68 partners in 16 countries. The projects will be awarded €30.5 million to speed up their access to the market.
Austrian organisations participate in 2 projects: The project "Highly Integrated Optoelectronic Sensor" coordinated by AMS AG KO and the Medical University of Vienna participates in the project "A novel immunity-based test for early diagnosis of Lyme disease".
Carlos Moedas, Commissioner for Research, Science and Innovation, said: “Through Horizon 2020, we want to give innovative businesses the support they need to fast-track their innovations to market. These latest results bring the total investment to nearly €100 million in fast-access EU funding for close-to-the-market innovation activities."
The FTI scheme was launched in January 2015. The third round of the scheme attracted a total of 403 project proposals involving 1,700 participants by its cut-off date of 1 December 2015. This brings the total of proposals received since the launch of the programme to 903, of which 46 received more than €98.7 million in funding in total. Almost half the project participants (46%) are SMEs. The pilot is implemented through one continuously open call. Proposals can be submitted at any time. The next cut-off dates for applications are 15 March, 1 June and 25 October 2016.TOP