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    UNIVERSITY OF WORLD AND NATIONAL ECONOMY

    Results from the participation of Bulgarian companies in dierentschemes of nancing of research

    and innovationEU Framework Programs (Horion !"!"#$ operational

    programs$ credit lines$ funds and others

    Rosina Petrova %&%%'%' ) *risti+ana ,aneva %&%%'"-"

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    .ontentsIntroduction................................................................................................................ 2

    1. What i !ori"on 2#2#$............................................................................................2

    2. !ori"on 2#2# Structur%..........................................................................................&

    2.1 E'c%((%nc% ci%nc%............................................................................................ &

    2.2 Indutria( L%ad%rhi).........................................................................................*

    2.& Soci%ta( cha((%n+%............................................................................................,

    &. Th% SME intru-%nt...............................................................................................

    &.2 Main )ha%...................................................................................................... /

    &.2.1 F%ai0i(it a%-%nt................................................................................

    &.2.2 Inno3ation )ro4%ct.......................................................................................

      &.2.&

    Co--%rcia(i"ation555555555555555555555555555555555

    5555555..551#

    &.& Ent%r)ri% Euro)% N%t6or7..............................................................................1#

    *. EURE8A9Eurotar :oint ;ro+ra- Initiati3%............................................................11

    ,. EU Financ% ?or Inno3ator@.................................................................12

    ,.1 ;roduct.......................................................................................................... 1&

    ,.1.1 SME uarant%%.........................................................................................1&

    ,.1.2 Inno3Fin SME V%ntur% Ca)ita(....................................................................1&

    ,.1.& Inno3Fin MidCa) uarant%%......................................................................1&

    ,.1.* Inno3Fin MidCa) ro6th Financ%...............................................................1&

    ,.1., Inno3Fin Lar+% ;ro4%ct.............................................................................1*

    ,.1.B Inno3Fin En%r+ D%-o ;ro4%ct.................................................................1*

    ,.1. Inno3Fin In?%ctiou Di%a%.....................................................................1*

    ,.1./ Inno3Fin Ad3ior...................................................................................... 1*

    B. !ori"on 2#2# Firt R%u(t....................................................................................1*B.1 !o6 -an a))(ication ha3% 0%%n r%c%i3%d$..................................................1,

    B.2 !o6 do th% a))(ication )%r countr co-)ar% 6ith F;$................................1,

    B.& What i th% rat% o? a))(ication 0 countr$...................................................1B

    . ;ro4%ct ?und%d 0 !ori"on 2#2#..........................................................................1

    1

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    .1. O)tint%+ra( )ro4%ct Ad3%rti%-%nt di)(a -anu?actur%d 0 h0rid in

    -ou(d int%+ration.................................................................................................. 1

    .2 INEE A%in+ th% intan+i0(% th% ocio%cono-ic 0%n%t o? i-)ro3in+

    %n%r+ %Gci%nc...................................................................................................1/

    .& Trac% O)%nin+ th% cc(in+ and 6a(7in+ trac7in+ )ot%ntia(............................2#.* S!ARLLM Sharin+ Citi%...............................................................................21

    ., EMM ro6thH Eua( O))ortuniti%H Mi+ration and Mar7%t.........................2&

    /ntroduction

    European Union has an obligation to conduct European research policies and implement

    European research programs under the Amsterdam Treaty. The treaty includes a chapter on

    research and technological development: “The Community shall have the objective of 

    strengthening the scientific and technological bases of Community industry and encouraging

    it to become more competitive at international level, hile promoting all the research

    activities deemed necessary by virtue of other Chapters of this Treaty.! "Treaty of 

    Amsterdam, T#T$E %## "'(, '))*( As a result of that, the European Union created +

    rameor- rograms for /esearch and Technological 0evelopment also called rameor- 

    rograms to support and foster research in the European /esearch Area "E/A(. The first *

     programs are abbreviated ' through * hile the last one is called “1ori2on3434!. The

    specific objectives and actions in different programs are different. #n 5 and * the focus

    is in technological research but for the aim of this course or-, e ill pay attention to the

    last program 6 “1ori2on 3434! in hich the focus is in innovation, delivering economic

    groth faster and delivering solutions to users that are often governmental agencies.

    %0 1hat is Horion !"!"2

    1ori2on 3434 is the eight phase of the rameor- rograms and as embroiled ith the

    34'7 referendums held by 8it2erland, hich opted to impose a 9uota on immigration

    2

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     beteen that country and the EU. The 1ori2on 3434 program runs from 34'7 to 3434 and

    has a budget of about +4 billion of funding.

    The European leaders agreed that one of the most important aims the Union must strive for is

    research and development because it leads to innovation, sustainable and inclusive groth

    and jobs. That is hy, 1ori2on 3434 as created and its aim up until no is to ensure Europe

     produces orld6class science, removes barriers to innovation and ma-es it easier for the

     public and private sectors to or- together in delivering innovation.

    !0 Horion !"!" 3tructure

    The 1ori2on 3434 or- program includes an introduction, '+ thematic sections and the

    general anne;es hich describe general rules such as standard admissibility conditions and

    eligibility criteria, types of action, selection and aard criteria, etc. These thematic sections

    are divided into three main research areas that are called s research and innovation system more

    competitive on a global scale. This pillar has a budget of 37 billion euro from hich the

    European /esearch Council delivers '? billion euro to researchers and teams of researchers

    ho pursue their most promising avenues in terms of science and on the basis of Union6ide

    competition. #t also has four main objectives hich, e;cept for the already mentioned

    European /esearch Council, are uture and Emerging technologies "3.* billion(, @arie

    8-odos-a6Curie Actions "5.' billion( and /esearch infrastructure "3.B billion(.

    • The uture and emerging technologies support collaborative research in order to

    e;tend Europe>s capacity for advanced and paradigm6changing innovation. They

    foster scientific collaboration across disciplines on radically ne, high6ris- ideas and

    accelerate development of the most promising emerging areas of science and

    &

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    technology as ell as the Union6ide structuring of the corresponding scientific

    communities.

    • @arie 8-odos-a6Curie Actions provide e;cellent and innovative research training

    as ell as attractive career and -noledge6e;change opportunities through cross6

     border and cross6sector mobility of researchers to best prepare them to face current

    and future societal challenges.

    • /esearch infrastructure develops European research infrastructure for 3434 and

     beyond, foster their innovation potential and human capital, and complement this ith

    the related Union policy and international cooperation.

    !0! /ndustrial 5eadership

    The second pillar is

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    companies or projects, and joint ventures as ell as projects at all stages of

    development. There are 3 main instruments for financing = #nnovin "EU inance for

    #nnovators( under hich the EU promotes a range of debt and e9uity products and

    advisory services in order to effectively give a boost to the availability of finance for

    research and innovation activities in Europe, and The European und for 8trategic

    #nvestments "E8#( hich gives opportunities for finance for innovation support both

    under its #nfrastructure G #nnovation and 8@E indos.

    • #nnovation in 8@Es = this objective optimi2es the /esearch, 0evelopment G

    #nnovation environment for 8@Es, including through the establishment and

    facilitation of a range of support services, ith the aim of strengthening the

    innovation capacity of 8@Es and creating value on the mar-et andHor into society,

    thus underpinning the Europe3434 strategy for smart, inclusive and sustainable

    groth. Ine of the ays the 8@E can find help and support from the EU is the so6

    called “8@E instrument! hich addresses the financing needs of internationally

    oriented 8@Es, in implementing high6ris- and high6potential innovation ideas. #t aims

    at supporting projects ith a European dimension that lead to radical changes in ho

     business "product, processes, services, mar-eting etc.( is done. #t also launches

    companies into ne mar-ets, promote groth, and create high returns of investment.

    #nnovation in 8@Es also includes actions hich provide indirect support to 8@Es in

    the form of tailored services and projects "innovation management capacity building,

    #/ management, etc.(, netor-ing and mobili2ation actions for innovation service

     providers and policyma-ers "i.e. e;change of e;perience beteen national innovation

    agencies(.

    !0& 3ocietal challenges

    The third pillar, “8ocietal challenges!, funds potential solutions to social and economic

     problems and addresses major concerns shared by citi2ens in Europe and elsehere.

    The funding in this pillar focuses on the folloing challenges:

    • 1ealth, demographic change and ellbeing "*.B billion( 6 aims to -eep older people

    active and independent for longer and supports the development of ne, safer and

    ,

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    more effective interventions. /G# under 1ori2on 3434 also contribute to the

    sustainability of health and care systems.

    • ood security, sustainable agriculture and forestry, marine and maritime and inland

    ater research, and the Jio economy "?.+ billion( 6 /elying on the use of limited

    natural resources, these sectors produce and process biological resources to satisfy the

    demand of consumers and a ide range of industries for food, feed, bio6energy and

     bio6based products. Khile they enhance Europe>s self6reliance and provide jobs and

     business opportunities essential for rural, coastal and marine areas, these sectors are

    also facing significant challenges hich re9uire solutions based on research and

    innovation. That is hy a transition is needed toards an optimal and reneable use

    of biological resources and toards sustainable primary production and processing

    systems. These systems ill need to produce more food, fiber and other bio6based

     products ith minimi2ed inputsF environmental impact and greenhouse gas emissions,

    and ith enhanced ecosystem services, 2ero aste and ade9uate societal value.

    • 8ecure, clean and efficient energy "B.) billion( 6 supports the transition to a reliable,

    sustainable and competitive energy system. #ts main objectives and research areas are

    reducing energy consumption and carbon footprint, $o6cost, lo6carbon electricity

    supply, Alternative fuels and mobile energy sources, A single, smart European

    electricity grid, Le -noledge and technologies, /obust decision ma-ing and public

    engagement and @ar-et upta-e of energy and #CT innovation.

    • 8mart, green and integrated transport "5.? billion( 6 aims to boost the

    competitiveness of the European transport industries and achieve a European

    transport system that is resource6efficient, climate6and6environmentally6friendly, safe

    and seamless for the benefit of all citi2ens, the economy and society.

    • Climate action, environment, resource efficiency and ra materials "?.' billion( =

    aims to increase European competitiveness, ra materials security and improve

    ellbeing. Also to assure environmental integrity, resilience and sustainability ith

    the aim of -eeping average global arming belo 3M C and enabling ecosystems and

    society to adapt to climate change and other environmental changes.

    • Europe in a changing orld 6 inclusive, innovative and reflective societies "'.?

     billion( 6 addresses social e;clusion, discriminations and various forms of

    B

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    ine9ualities. #t aims to e;plore ne forms of innovation and strengthen the evidence

     base for the #nnovation Union, the European /esearch Area and other relevant EU

     policies. Also to promote coherent and effective cooperation ith third countries and

    to address the issues of memories, identities, tolerance and cultural heritage.

    • 8ecure societies 6 protecting freedom and security of Europe and its citi2ens "'.*

     billion( 6 underta-es the research and innovation activities needed to protect the

    citi2ens, society and economy as ell as the infrastructures and services, prosperity,

     political stability and ellbeing.

    Although the main aim of the 1ori2on 3434 is innovation hich leads to progress, there is

    still criticism of the program on various grounds, such as actually diminishing EuropeDs

    industrial competitiveness and failing to deliver fundamental e;cellence and global economiccompetitiveness. #n 34'4, the Austrian /esearch romotion Agency launched a petition

    calling for “a simplification of administrative procedures! "Nacobs, 34'7(, hich attracted

    over '?,444 signatories. The numerous other criticisms of the petitioners ere later distilled

    into a reen aper. "Conings, @ay, 34''( #n 1ori2on 3434 there are significant

    simplifications: e.g. feer funding rates "increasing the funding rates of the large

    companies(, less reporting, less auditing, shorter time from proposal to project -ic-6off.

    &0 6he 37E instrument

    &0% 8enition 

    A range of actions contributes to building innovation management capacity for 8mall and

    @edium Enterprises. #nnovation management capacity is the internal ability of companies to

    manage innovation processes from the generation of the idea to its profitability on the

    mar-et. 8@Es can find this -ind of support via a dedicated 8@E instrument, hich is a novel

    approach to support 8@EsD innovation activities. #t attracts more 8@Es to 1ori2on 3434, and

    helps to increase the economic impact of project results by a company6centric and mar-et6

    driven approach. The 8@E instrument addresses the financing needs of internationally

    oriented 8@Es, in implementing high6ris- and high6potential innovation ideas. #t aims at

    supporting projects ith a European dimension that lead to radical changes in ho business

    "product, processes, services, mar-eting etc.( is done. #t launches companies into ne

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    mar-ets, promote groth, and create high returns of investment. The 8@E instrument

    addresses all types of innovative 8@Es so as to be able to promote groth champions in all

    sectors.

    D#nnovation in 8@EsD also includes actions hich provide indirect support to 8@Es in the

    form of tailored services and projects "innovation management capacity building, #/

    management, etc.(, netor-ing and mobili2ation actions for innovation service providers and

     policyma-ers "i.e. e;change of e;perience beteen national innovation agencies(F moreover,

    1ori2on 3434 provides direct support to the Enterprise Europe Letor-, a -ey player in

    improving 8@EsD access to funding opportunities. D#nnovation in 8@EsD funds additional

    activities intended to support entrepreneurship, internationali2ation, and improving access to

    mar-ets "through the CI8@E program(.

    Under the section 8ocietal Challenges and the specific part $eadership in Enabling and

    #ndustrial Technologies "$E#Ts(, 1ori2on 3434 funds high6potential innovation through a

    dedicated 8@E instrument, hich offers seamless business innovation support for small and

    medium si2ed enterprises that are EU6based or established in a country associated to 1ori2on

    3434. The main aim for these 8@E getting EU funding and support for innovation projects is

    to help them gro and e;pand their activities into other countries = in Europe and beyond.

    The fund is provided ith about ? billion over the period 34'763434 and the 8@E

    #nstrument helps high6potential 8@Es to develop groundbrea-ing innovative ideas for

     products, services or processes that are ready to face global mar-et competition. Available to

    8@Es only, hich can hoever organi2e a project in the ay that best fits their business

    needs = meaning that subcontracting is not e;cluded = the ne scheme has opened a ne

    highay to innovation through phased, progressive and complimentary support. The prime

    targets for funding are highly innovative 8@Es ith a clear commercial ambition and a potential for high groth and internationali2ation.

    /

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    &0! 7ain phases

    The instrument ta-es place in three phases, ith the aim of transforming disruptive ideas into

    concrete, innovative solutions ith a European and global impact. 8@Es are recommended

    to apply for hase ', but may also apply for subse9uent phases depending on the progress of

    their proposals. The phases are easibility assessment, #nnovation project and

    Commerciali2ation.

    &0!0% Feasi9ilit+ assessment

    The first phase "“easibility assessment!( is optional and it is connected ith the idea to

    concept. unding is available for e;ploring and assessing the technical feasibility and

    commercial potential of a brea-through innovation that a company ants to e;ploit and

    commerciali2e. Activities that could be funded are ris- assessment, design or mar-et studies,intellectual property e;ploration and the ultimate goal is to put a ne product, service or

     process in the mar-et, possibly through an innovative application of e;isting technologies,

    methodologies, or business processes.

    The project should be aligned to the business strategy, helping internal groth or targeting a

    transnational business opportunity. This should happen in 5 months and the European Union

     provides B4 444 in funding per project, and carry out a feasibility study to verify the

    viability of the proposed disruptive innovation or concept. The 8@E should draft an initial

     business proposal "around '4 pages(. 8hould the conclusion of the study be that the

    innovative concept has the potential to be developed to the level of investment

    readinessHmar-et maturity, but re9uires additional funding in vie of commerciali2ation, the

    8@E can apply for hase 3 support.

    &0!0!0 /nnovation pro:ect

    #n the second phase "“#nnovation project!(, the funding is available for innovation projects

    underpinned by a sound and strategic business plan "potentially elaborated and partially

    funded through phase ' of the 8@E #nstrument(. Activities funded in phase 3 can be of

    several types: prototyping, miniaturi2ation, scaling6up, design, performance verification,

    testing, demonstration, development of pilot lines, validation for mar-et replication,

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    including other activities aimed at bringing innovation to investment readiness and maturity

    for mar-et ta-e6up. or this phase, the EU aims to contribute beteen 4.B million and 3.B

    million and its duration is '63 years. The possible outcomes of completing this phase are the

    creation of a ne product, process or service that is ready to face mar-et competition or of a

     business innovation plan incorporating a detailed commerciali2ation strategy and a financing

     plan in vie of mar-et launch "e.g. on ho to attract private investors, if applicable(.

    &0!0& .ommercialiaiton 

    The third phase is called “Commerciali2ation! or in other ords 6 reparation for a @ar-et

    $aunch. 1ere, ith the vie of facilitating the commercial e;ploitation of the innovation

    activities resulting from phase ' or phase 3, the 8@Es receive e;tensive support, training,

    mentorship and facilitating access to ris- finance as the project is further polished into a

    mar-etable product. Additional support and netor-ing opportunities may be provided by

    Enterprise Europe Letor- "EEL(. 1oever, in this phase the EU does not provide

    additional direct funding.

    &0& Enterprise Europe ;etwork

    Throughout phases ' and 3 in parallel, by e;perienced business coaches, selected through the

    Enterprise Europe Letor-, it is proposed an #nnovation and Jusiness development

    coaching in order to help 8@Es to:

    • enhance the companyDs innovation capacity

    • align the project to the identified business development strategy

    • develop the commercialHeconomic impact and long term sustainability.

    The Enterprise Europe Letor- as launched in ebruary 344+ by the Commission>s

    0irectorate6eneral for Enterprise and #ndustry. The Enterprise Europe Letor- is a -ey

    instrument in the EUDs strategy to boost groth and jobs. #t brings together around 544

     business support organi2ations from more than 54 countries and helps small companies sei2e

    the unparalleled business opportunities in the EU 8ingle @ar-et.

    1#

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    The member organi2ations include chambers of commerce and industry, technology centers,

    research institutes and development agencies.

    As members of the Enterprise Europe Letor- they are lin-ed up through poerful

    databases, sharing their -noledge and sourcing technologies and business partners across

    all Letor- countries. Jut they are also closely lin-ed ith the European Commission,

    hich enables them to -eep abreast of EU policies and to feed small companiesD vies on

    them bac- to Jrussels.

    8upporting small business is a cornerstone of the EUDs drive for groth and jobs. Jecause

    ))O of all EU companies are small and medium6si2ed enterprises "8@Es(, accounting for

    5*O of jobs, hatDs good for 8@Es is good for EuropeDs economy. #t is co6financed under

    “CI8@E! 6 an EU funding program designed to encourage the competitiveness of European

    enterprises. Their services are tailored to 8@Es but are also available to all other businesses,

    universities and research centers.

    '0 EURE*oint Program /nitiative

    There are hundreds of international projects led by /G06performing 8@Es from Eurostars

    articipating 8tates and artner Countries. Irgani2ations of all types from across the globe

    are receiving government and European Commission support to improve their performance

    and focus on orld6class mar-et6oriented research and development. Eurostars supports

    international innovative projects led by research and development6 performing small6 and

    medium6si2ed enterprises "/G06performing 8@Es(. Kith its bottom6up approach, Eurostars

    supports the development of rapidly mar-etable innovative products, processes and services

    that help improve the daily lives of people around the orld. Eurostars has been carefully

    developed to meet the specific needs of 8@Es. #t is an ideal first step in international

    cooperation, enabling small businesses to combine and share e;pertise and benefit from

    or-ing beyond national borders. Eurostars is a joint programme beteen EU/EA and the

    European Commission, co6funded from the national budgets of ?5 Eurostars articipating

    8tates and artner Countries and by the European Union through 1ori2on 3434. #n the 34'76

    11

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    3434 period it has a total public budget of '.'7 billion. The role of 8@Es for the economy

    has never been so important. Eurostars aims to bring increased value to the economy, higher

    groth and more job opportunities. Eurostars is bac-ed by +5' million of national funding

    from its countries. #t is further supported by 3+* million of EU funds, for a total of '.'7

     billion. Eurostars applies a decentrali2ed funding procedureF participants do not receive

    funding directly from the EU/EA 8ecretariat or the EU. All funding to participants in

    approved projects is managed by their respective funding body and according to their

    national funding rules and procedures. These rules and procedures are dependent on the

    member countries involved in the project.

    The Julgarian funded Eurostars projects are T/#$E68 @icroscope, alene, Caspar 43,

    /ising 8tar, @etal Coat, E&A$A.

    ?0 @/nnovFinA (EU Finance for /nnovators#

    A core part of Europe 3434, #nnovation Union G European /esearch Area are responding to

    the economic crisis to invest in future jobs and groth, addressing people>s concerns about

    their livelihoods, safety and environment and strengthening the EU>s global position in

    research, innovation and technology. The single program that brings together these threeseparate initiatives is 1ori2on 3434. #t emphasis on innovation, strong focus on 8@Es, and

    /G# as critical vector for groth and jobs. 1ori2on 3434 is industrial leadership priority

     because strategic investments in -ey technologies "e.g. advanced manufacturing,

    microelectronics( underpin innovation across e;isting and emerging sectors, Europe needs to

    attract more private investment in research and innovation and more innovative small and

    medium6si2ed enterprises "8@Es( should create groth and jobs. To succeed in this, 1ori2on

    3434 program needs financing and that is hy a specialist provider of ris- finance to benefitsmall and medium6si2ed enterprises "8@E( across Europe has been developed =

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    innovation "/G#( in order to support investments from the smallest to the largest enterprise.

    #nnovin is available across all eligible sectors under 1ori2on 3434, in EU @ember 8tates

    and Associated Countries. Jy 3434, #nnovin is e;pected to ma-e over EU/ 37bn of debt

    and e9uity financing available to innovative companies to support EU/ 7+bn of final /G#

    investments.

    The E#J roup can provide from EU/ 3B 444 up to a limit of EU/ ?44m, either directly or

    indirectly through ban-s or other financial institutions. There is a great variety of products

    offered .

    ?0% Products

    ?0%0% 37E ,uarantee 6 provides guarantees and counter6guarantees on debt financing

     beteen EU/ 3B 444 and EU/ *.Bm, in order to improve access to loan finance for

    innovative small and medium6si2ed enterprises and small midcaps "up to 7)) employees(.

    This facility is being rolled out through financial intermediaries, hich are guaranteed or

    counter6guaranteed against a portion of their potential losses by the E#.

    ?0%0! /nnovFin 37E enture .apital 6 provides e9uity finance, in particular in the

    form of seed and venture capital, through selected financial intermediaries to early6stage /G#

    driven enterprises. otential intermediaries include investment funds, venture capital funds

    or vehicles that provide co6investment facilities for Jusiness Angels or co6operate ith

    Jusiness Angels. The e9uity support ill be channeled through intermediaries ho target life

    sciences, #CT, or otherise technological, non6technological, organi2ational or social

    innovation.

    ?0%0& /nnovFin 7id.ap ,uarantee 6 provides guarantees and counter6guarantees on

    debt financing of up to EU/ B4m, in order to improve access to finance for innovative

    midcaps "up to ?444 employees( hich are not eligible under the #nnovin 8@E uarantee.

    This facility is being rolled out through financial intermediaries, namely ban-s and other

    financial institutions, hich ill be guaranteed against a portion of their potential losses by

    the E#J.

    1&

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    ?0%0' /nnovFin 7id.ap ,rowth Finance 6 offers long term senior, subordinated or

    me22anine loans from EU/ *.Bm to 3Bm for innovative eligible midcaps.

    ?0%0? /nnovFin 5arge Pro:ects 6 provides loans and guarantees from EU/ 3Bm to

    ?44m for /G# projects emanating from larger firmsF universities and public research

    organi2ationsF /G# infrastructures "including innovation6enabling infrastructures(F public6

     private partnershipsF special purpose vehicles or projects.

    ?0%0- /nnovFin Energ+ 8emo Pro:ects 6 provides loans or loan guarantees beteen

    EU/ *.Bm and *Bm to first6of6a6-ind commercial6scale demonstration projects in the fields

    of reneable energy and hydrogen and fuel cells, helping to bridge the gap from

    demonstration to commercialisation.

    ?0%0C /nnovFin /nfectious 8iseases 6 aims to stimulate investments in the

    development of innovative vaccines, drugs, medical and diagnostic devices or novel research

    infrastructures for infectious diseases. The E#J provides loans beteen EU/ *.Bm and EU/

    *Bm. inal recipients ill be project developers that have successfully completed the pre6

    clinical stage and ould no re9uire clinical validation or be ready for later stage clinical

    trials.

    ?0%0D /nnovFin

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    Jelo are presented some -ey statistics of the results of 1ori2on 3434>s first '44 calls for

     proposals , hich closed by ' 0ecember 34'7. 8ince this is a relatively small sample, from

    the very beginning of a seven year programme, it ould be ris-y to dra any firm

    conclusions at this stage about ho 1ori2on 3434 ill develop until it finishes in 3434. Any

     patterns or trends could of course change in the future.

    #n order to put the statistics into some conte;t, in many cases comparable data is provided in

    relation to the previous EU research funding programme, the 8eventh rameor-

    rogramme for /esearch "*(. 1oever, any comparison beteen 1ori2on 3434 and *

    should only be made ith caution since the * data alays refers to the hole seven years

    of the programme and because the scope and content of the to programmes are 9uite

    different. 1ori2on 3434>s budget of ** billion is also much bigger than *>s budget of BB

     billion

    -0% How man+ applications have 9een received2

     Number of eligible applications to Horizon 2020 per EU Member State

    ''' B*) applications ere received from the 3+ @ember 8tates of the EU "out of a

    orldide total of '3? ??7( under the first '44 calls. Jy ay of comparison, a total of B)+

    4+4 applications ere received during the seven6year lifetime of *. An applicant

    organi2ation counts as submitting multiple applications for funding if it is involved in more

    than one proposal. As e can see Julgaria has around 'B44 applications.

    1,

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    -0! How do the applications per countr+ compare with FPC2

     Share of eligible applications per EU Member State: Horizon 2020 compared with F! 

    8o far, having in mind that the statistics for the * are for period of * years, the majority of

    @ember 8tates have increased their share of eligible applications compared to the 8eventh

    rameor- rogramme "*(. 8ame goes for Julgaria. This demonstrates that the efforts to

    ma-e 1ori2on 3434 more attractive, particularly to necomers and to a ider range of

     participants, are or-ing.

    -0& 1hat is the rate of applications 9+ countr+2

     Number of eligible applications to Horizon 2020 per capita

    1B

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    The data presented here is the number of applications per million inhabitants. The average

    number of eligible applications per capita for the 3+ @ember 8tates as a hole is 3)?. The

    number of applications per capita for Julgaria is '4? hich is loer than the average. 8ome

    smaller @ember 8tates, in particular Cyprus, $u;embourg and 8lovenia, are particularly

    active, hich demonstrates the attractiveness of 1ori2on 3434.

    C0 Pro:ects funded 9+ Horion !"!"

    C0%0 ptintegral pro:ect

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    differential value supports the effective mar-et introduction of TI$AE based highly

    competitive products.

    Iptintegral enables a ide choice of materials and options in process design to put the

    technological advances at the service of the cost, performance and time6to6mar-et

    re9uirements of the novel displays.

    The or-6plan sets and consolidates the value chain by the demonstration platform that lin-s

    all actors, from $E0 suppliers to displays users. This allos to respond to mar-et demands

    and to capture the user feedbac- on the effectiveness of the displays to communicate

    information and to meta6communicate attitudes toards the advertiser brand.

    Three display manufacturers that are currently manufacturing and selling $E0 displays in

    EU ill enlarge their portfolio by setting up pilot manufacturing lines and co6developing

    demonstrators adapted to their customers> needs. This is achieved during the project ith the

    goal to be on the mar-et ' year after the end of the project as a result of Iptintegral business

    case.

    C0! /;BEE

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    the influence of institutional factors, and the implications of trends in society and

    technologies..

    Ibjective:

    #mproving energy efficiency can deliver a range of benefits to the economy and society.

    1oever, energy efficiency programmes are often evaluated only on the basis of the energy

    savings they deliver, ithout considering the many other socio6economic and environmental

    intangible benefits delivered. As a result, the full value of energy efficiency improvements in

     both national and global economies may be significantly underestimated.

    The main aim of #L6JEE is to address the theme of energy efficiency and to describe and

     provide evidence for the many intangible benefits of improving energy efficiency through a

    multi6disciplinary approach, combining methods, datasets, and techni9ues from cutting edge

    research in la and economics, humanities and consumer behavior, regulation and

    environmental sciences, as ell as engineering.

    The overall outcome of #L6JEE is to consolidate a set of policy recommendations for the EU

    and publicHprivate institutions in charge of promoting energy efficiency, competitiveness andenvironmental and social sustainability.

    #L6JEE ill impact on both consumers "residential and companies( and policy ma-ers, by:

    P 0eveloping a set of indicators to measure intangible benefits of energy efficiency

    P 0eveloping ey erformance #ndicators to assess the impact of energy efficiency strategies

    P 8tudying relevant cases and identifying best practices

    P Jridging policy ma-ers and researchers through a eb platform

    P #nvolving a vast audience of sta-eholders

    #L6JEE combines a strong scientific base ith a concrete and focused approach "based on

    real6life case studies(, aiming to involve primarily regional and local sta-eholders and to

    1

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    support them in assessing results of previous plans and initiatives on energy efficiency and,

    above all, in designing ne effective strategies.

    C0& 6race pening the c+cling and walking tracking potential

    •  project reference: 5?B355• total cost 6 3 +)5 )+7,*B

    • EU contribution 6 3 +)5 )+7,*B

    • funding scheme 6 /#A 6 /esearch and #nnovation action

    • duration: rom 34'B64564' to 34'+64B6?'

    • topic 6 Tac-ling urban road congestion

    • coordinated in: ortugal

    • Julgarian participants: Energy Agency of lovdiv Association "''* *34(

    8ignificantly reducing urban road congestion and improving the financial and environmental

    sustainability of urban transport ill bring major benefits for the economy, the attractiveness

    of cities and citi2ensD ellbeing. This re9uires an improved understanding of measures to

    reduce urban road congestion hilst increasing urban accessibility for passengers and freight

    and contribute to the achievement of broader sustainable urban transport policy objectives. #t

    also re9uires ne thin-ing and innovative business models and service concepts for public

    transport, al-ing and "safe( cycling, adapted to increasingly limited public budgets. 8pecial

    attention should be paid to issues related to vulnerable groups of citi2ens and gender issues.

    Ibjective:

    This project ill e;plore the potential of al-ing and cycling trac-ing services to promote

    al-ing and cycling mobility. Ke ill focus on established al-ing and cycling promotion

    measures and thoroughly assess the potential of #CT based trac-ing services to overcome

     barriers to implementation and finding ne factors driving the effectiveness of those

    measures. Through specific research, the related #CT challenges li-e scheme dynamics,

     privacy, trust, lo6cost, interoperability and fle;ibility ill be tac-led for each type of

    measure. The measures to target ill be established measures to promote al-ing and

    cycling travel to or-place, shopping, school and leisure promotion measures. Ke ill

    investigate both the ability that trac-ing tools may have to address traditional challenges of

    these measures and their potential to bring ne features in the fields of aareness raising,

    2#

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    financialHta; incentives, infrastructure planning and service concepts. A common, fle;ible

    and open access tool ill be developed to provide an #CT input and output platform that

    addresses the related #CT challenges. Iver this platform it ill be easy for anyone to build

     products based on trac-ing services tailored to the re9uirements of the specific measures.

    This project ill develop and test a representative set of such products in real measures

    underay. These test cases ill at the same time validate and provide additional inputs for

    the project>s research issues and trigger the idespread of trac-ing services to support

    al-ing and cycling measures in Europe.

    Users, policy ma-ers and al-ing and cycling practitioners and final users ill be deeply

    involved in all stages of the project.

    C0' 3H

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    sifter transport, job creation and as a conse9uence a higher degree of resilience to climate

    impacts "e.g. urban heat islands effects( etc.

    8haring Cities has four -ey objectives.

    '( To achieve scale in the European smart cities mar-et by proving that properly designed

    smart city solutions, based around common needs, can be integrated in comple; urban

    environments. This ill be done in a ay that e;hibits their true potential and allos for the

    significant scale6up and conse9uent increase in social, economic and environmental value.

    3( Adopt a digital first approach hich proves the e;tent to hich #CT integration can

    improve and connect up e;isting infrastructure, as ell as the design and running of ne city

    infrastructure. This ill also allo for the creation of a ne set of ne;t stage digital services

    hich ill help citi2ens ma-e better and beneficial choices around energy efficiency and

    mobility, hich hen scaled up ill enhance the city>s ability to hit -ey targets for mobility,

    housing, energy efficiency and resilience, and economic development.

    ?( Accelerate the mar-et to understand, develop and trial business, investment and

    governance models, essential for the true aggregation and replication "through collaboration(

    of smart city solutions in cities of different si2es and maturities. #n doing this, e intend to

    accelerate the pace by hich e ma-e transformative improvements, and enhance

    sustainability in communities.

    7( 8hare and collaborate for society: to respond to increasing demand for participationF to

    enhance mechanisms for citi2ens> engagementF to improve local governments capacity for

     policy ma-ing and service delivery through collaboration and co6designF resulting in

    outcomes that are better for citi2ens, businesses and visitors. These ill be delivered by a

    range of e;pert partners across + or- pac-ages.

    C0? ,E77 ,rowth$ EIual pportunities$ 7igration and

    7arkets

    •  project reference: 57)3BB

    • total cost 6 3 7)+ B'4

    • EU contribution 6 3 7)+ B'4

    • funding scheme 6 /#A 6 /esearch and #nnovation action

    • duration: rom 34'B64)64' to 34'+64+6?'

    22

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    • topic 6 The European groth agenda

    • coordinated in: United ingdom

    • Julgarian participants : Le European Center for /egional 8tudies 8drujenie "''?

    3B4(

    The impacts of the economic crisis have been far reaching on the ability of the EU economy

    to innovate, gro and create jobs. #n response, the EU has proposed a ne groth strategy

    QEurope 3434> hich aims at tac-ling common European challenges and boosting economic

    groth and 9uality employment through smart, sustainable and inclusive groth. 1oever,

    to ensure conditions for a successful economic recovery e need to better understand the

     broader conte;ts of groth in Europe.

    Iver the last decades different national systemic models, each embodying a different set of

    economic, social, legal and cultural orders "institutional arrangements( have evolved in

    Europe. These national systemic models performed very differently in the crisis and their

    abilities to overcome long6term, structural problems have significant implications for a

    successful economic recovery.

    #ncreasing global connectivity has accelerated trends toards delocali2ation and

    delocali2ation of industry, services and /G0 both ithin Europe and globally. The

    emergence of ne economic actors, driven by lo labor costs, but investing more and more

    in modern technologies, puts further pressure on the European economy and its

    competitiveness.

    Ibjective:

    The 1ori2on 3434 programme of the European Commission provides an important

    opportunity for advancement of our -noledge of groth and innovation in the European

    Union labor mar-ets as ell as the dynamism that creates inclusive but competitive social

    environments. The E@@ project relates in particular to the @igration, rosperity and

    roth 0imension of the Call on the European roth Agenda. Kith over ?4 researchers

    located in several EU member states and Loray, our consortium ill approach the topic and

    2&

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    deliver:

    6 An analysis of the obstacles to the successful incorporation of migrants and in particular to

    the attraction and retention of highly6s-illed migrantsF

    6 A thorough assessment of the migration6related drivers of groth and the optimal

    functioning of mar-etsF

    6 An assessment of ethnic ine9uality in the labor mar-et as a barrier to competitiveness and

    innovation in EU member states.

    6 A set of policy recommendations that contain concrete guidelines as to ho migrants can

    contribute to the EU economy and society

    These deliverables are reali2ed by putting forard a scientifically innovative research agenda

    that combines a variety of methods and crosscutting e;pertise. Iur consortium contains

    economists, sociologists, political scientists, and anthropologists ho have made outstanding

    contributions to the field of migration and ine9uality research. urthermore, our empirical

    approach is multi6methodF e ma-e use of survey, e;perimental and 9ualitative research

    methods to advance -noledge.

    +. Conclusion

    1ori2on 3434, the EUDs ne program for research and innovation, ill run from 34'7 to 3434

    ith a budget of nearly EU/ +4 billion. #t replaces the 8eventh rameor- rogram for

    /esearch "*(, hich ran from 344* to 34'? ith a budget of around EU/ BB billion.

    The initiative is aimed at securing EuropeDs global competitiveness and is part of the drive to

    create ne groth and jobs in Europe. #n comparison to *, 1ori2on 3434 provides major

    simplification through a single set of rules. #t is a single program bringing together three separate

     programmesHinitiatives 6 Coupling research to innovation = from research to retail, all forms of

    innovation, ocus on societal challenges facing EU society, e.g. health, clean energy and

    transport, 8implified access, for all companies, universities, institutes in all EU countries and

     beyond.

    2*

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    1ori2on 3434 is built around three pillars: 8upport for