Framework 7 Opportunity - Summary
The EU Framework programme is NOT one of these
The Commission invests money in organisations because they recognise that unless significant early funding is made available then the high risk of leading edge research will put off many small organisations that are vital to the economic growth of the continent. However in return, the Commission requires recipients of funding to provide a serious return on the investment. Therefore any prospective participant should view the Commission as an investor and should respond to them as they would any other investor.
A realisation that the Commission is an investor makes understanding how to approach EU funding much simpler. Like investors the Commission will only invest in those areas of technology that they deem to be important. The Commission like any other investor is primarily interested in only three things.
- Is this something we wish to invest in? The work you wish to be funded is in line with the priorities set by the Commission and is actually leading edge, and more to the point will be leading edge when you have finished the work in up to three years time.
- Can this group deliver? Do the organisations being funded have the skills to manage and deliver what they are proposing?
- Will there be a return on investment? Finally and equally important, that the work will have real economic and social impact.
Any other myths or “witchcraft” that gets in the way of meeting these three areas of consideration are simply counter productive.
This is a major investment area and literally thousands of organisations seek to participate in it, which results in over subscription of around 5:1. However there are steps you can take to vastly improve your chances of success and these are outlined in our full White Paper.
The full White Paper is available free of charge at:
Framework 7 - 52 Billion Euro Opportunity – White Paper