Innovation Aid for SMEs

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Overview

SMEs can improve their innovation performance through access to Highly Qualified Personnel and collaborations with Research and Knowledge-Dissemination Organizations.

Innovate aims to support SMEs in carrying out projects leading to product, process and organisational innovation through collaboration with Research & Knowledge-dissemination Organisation or through innovation advisory services through funding for the secondment of Highly Qualified Personnel, and access to innovation advisory and support services.

The scheme facilitates access to expertise and the generation of new knowledge thus achieving the scope of accelerating innovation, enhancing business performance and driving competitive advantage.

What you'll get

The aid shall be granted in the form of tax credits and shall be capped at 50% of the eligible costs.

Eligibility

Applicant must be an SME planning to carry out or implement Experimental Development activities.

HQP are staff having a tertiary education degree and at least 5 years of relevant professional experience which may also include doctoral training.

How to apply

Fill in the online form.

Application forms may be sent complete and signed via email to R&[email protected].

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