InnoStars supports Partners in Innovation Project proposals

Online consultations with InnoStars Managers can be vital to the effective project preparation

Before the October Innovation Projects submission deadline, a one-day long preparatory course was held in Budapest to support partners with their project proposals.

Mr. Raymond Cantwell, ex-CFO of Medtronic, currently accessor of Innovation projects by EIT Health, shared his knowledge about the phases of Innovation Project planning and described the viewpoints of evaluators who sometimes can be responsible with their decisions for even €2,75M as the highest grant.

The course was followed by online consultations until 2 October. The topics were general questions (Mikolaj Gurdala), project financing, business planning (Attila Hajba), needs, and project background (Beata Kurucz). The questions revolved around the concept of developing a relevant business model, dealing with IP and licensing. B2B and B2C models have not been used.

Showing the economic and socio impacts of a project has caused uncertainty. The experience is that great steps have been made in market introduction concepts but support with providing detailed opinions are still needed in this aspect for the project concepts.

The consultations will also run before the 2019 spring Innovation projects’ submission deadline.