MIT R&D cooperation 2020
Innovate together. You achieve even more when you work together. This is why you can apply for a subsidy for a joint venture between at least two SMEs.
MIT R&D’s collaboration project consists of industrial research, experimental development, or a combination of these. Projects are carried out by partners for joint account and risk.
MIT subsidy amount
The subsidy amounts to 35% of the eligible costs. The subsidy is a minimum of €50,000 and a maximum of €200,000 for regular projects. This equates to a total amount of €100,000 per partner. The maximum subsidy for large R&D projects is €350,000 per project and therefore a maximum of €175,000 per partner.
When is the deadline?
As of June 11, 2020, a subsidy can be requested for R&D collaboration projects. The official closing date is September 10, 2020.
What are the conditions?
- In the MIT R&D cooperation project, costs and the contribution per SME is evenly distributed
- One participant may not bear more than 70% of the costs
- Only the costs incurred by SMEs are eligible
- The maximum duration of an MIT R&D collaboration project is 2 years
In the food processing industry, it is becoming increasingly important to provide insight into the origin and processing steps of a product. This is why ICT company X wants to develop a system together with a wholesaler in agricultural products that provides insight into the total flow of a product. The IT company and the wholesaler jointly develop a platform that provides insight into this process on the basis of external data (such as sensors). Thanks to this platform, it is possible to further optimize processes with the help of big data.
MIT feasibility study
Did you know that you can also apply for a grant for a feasibility project? This allows you to map the technical and economic risks of an innovation project. This instrument is called an MIT feasibility study.
Discover your opportunities
Contact consultant John Krijger for more information.