Am i ready for an SME-i submission?

DIAGNOSIS OVERVIEW

  • The spirit of the SME instrument is to support innovative and excellent business opportunities.
  • Its objective is to identify how the business opportunities presented could act on the proposed market and thus benefit the SME in terms of growth and employment.

1. BUSINESS OPPORTUNITY

  • It is the economic, social, industrial, environmental, and so on context in which the innovation is conceived and will develop:
    • Identification of problems to be solved / challenges to be addressed
    • Objectives and expected results
    • The concept of innovation and its disruptiveness
    • The methodology chosen
    • The criteria of success in relation to the existing

2. FEASIBILITY STUDY

  • It is a technological and financial assessment that includes:
    • A user / client analysis
    • A study of market potential
    • A state of international competition
    • A plan for the management of intellectual property
    • The identificaiton of the regulatory context

3. BUSINESS MODEL

  • The business model includes a business plan and a business strategy aimed at exploiting and disseminating innovation:
    • It identifies the growth potential of innovation (number of users) and SME (turnover, profit, etc.)
    • It sets out the measures to be implemented to ensure rapid market access
    • It defines a detailed and credible business strategy.

4. MANAGEMENT CAPACITY

  • It is a question of presenting the modalities of implementation, the operational and financial capacities of the project leader:
    • Competence and know-how of the company
    • General work plan and deliverables
    • Structure and procedure of project management
    • Resources
    • Ethics and security where appropriate