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Financing and Innovation Ecosystems for SMEs to innovate for Raw materials and Circular Economy solutions and using downstream space technologiesbroad

FIERCE · Horizon Europe grant · 2024-11-01–2027-10-31

EC contribution

€4,999,329

Total cost

€0

Beneficiaries

9
About the data

Source: CORDIS (official EU open data), Horizon Europe. Framework HORIZON · call HORIZON-CL4-2024-RESILIENCE-01 · scheme HORIZON-CSA · topic HORIZON-CL4-2024-RESILIENCE-01-41. CORDIS record →

Objective

The European Space Programme (EUSpace) holds vast potential to fulfil the EU green and digital (twin) transition, but SMEs’ limited uptake and technological capacity is preventing them from fully unlocking the green and digital transformation. FIERCE aims to address these limitations by mobilising 140 SMEs, start-ups and scale-ups with specialised technical and business advisory to design business solutions and engage in process innovation using downstream space data in areas such as circularity, raw materials, environmental monitoring and corporate sustainability (space-enabled green solutions). We mobilise 2.5 million EUR in financial support providing 70 SMEs with access to market services and key infrastructure to realise their vision through Transformation Projects, supporting ideation, scaling up and commercialization of space-enabled solutions, accelerating SMEs journey to the market. We complement our support for SMEs with 10+ Local Entrepreneurship Initiatives driven by innovation intermediaries and business support networks (DIHs, clusters etc.) aimed creating more SME opportunities for space-enabled green innovation through synergies with regional industrial, research and market actors and infrastructure providers (OITBs). We reach further to key EU-wide networks (EEN, SME Alliance, EARSC) through our Strategic Partnership Network to create synergies and joint activities to navigate SMEs and innovation intermediaries towards exploiting high-impact opportunities for funding, collaboration and knowledge exchange, as well as jointly organized FIERCE investment tracks in the frame of key industry and business events. We deploy the FIERCE digital toolbox to enrich our support with 50+ learning resources, 10+ practical tools and 70+ qualified service providers to create a vibrant dedicated community. Finally, we monitor our performance and impact to design practical replication handbooks to inspire wider application and recommendations for enabling policies.

Beneficiaries (9)

OrganisationCountryRoleEC contributionSME
Q-PLAN INTERNATIONAL ADVISORS PC EL coordinator €459,985 Yes
FUNDINGBOX ACCELERATOR SP ZOO PL participant €2,930,594 Yes
DRAXIS RESEARCH VENTURES ASTIKI MI KERDOSKOPIKI ETAIRIA EL participant €380,625 Yes
NOVASPACE GMBH DE participant €376,250 Yes
EUROPA MEDIA SZOLGALTATO NON PROFIT KFT HU participant €310,781 Yes
EIT RAW MATERIALS GMBH DE participant €280,312
TECH TOUR GLOBAL EOOD BG participant €260,781 Yes
FUNDINGBOX COMMUNITIES SL ES thirdParty €0 Yes
NOVASPACE SRL BE thirdParty €0 Yes

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