Innova-FI – Financial Instruments for Innovation is a project funded by the Interreg Europe programme, aims at strengthening the use of financial instruments as delivery mode of EU structural funds.
The project has the twofold objective of improving the effective use of public funds and of facilitating the access to finance for innovative SMEs. The use of financial instruments can contribute to overcome the culture of grants, which is often the most used type of intervention, with the obvious advantage of recycling funds over long term. Additionally, the use of financial instruments may help the innovative SMEs to overcome the “valley of death” and reach a phase of sustainable growth. Financial instruments (Guarantees, Business Angels, Venture Capital, Crowdfunding, Crowdlending) can help to mobilize additional public or private co-investment increasing the available capital and ensure greater commitment by project promoters to the quality and credibility of the investment plan by sharing the risk involved.
Project activities are aimed at designing financial instruments adapted to the different phases of the business (from early stage to a sustainable growth phase), at achieving a better integration of financial instruments with other support measures and at creating-cross border instruments to achieve synergies between funds.
For more information, research and development laboratories, certification centers, high-tech startups and academic spin-offs.
Friuli Innovazione Società consortile a responsabilità limitata Via Jacopo Linussio, 51 - 33100 Udine Tel (+39) 0432 629911 - Email firstname.lastname@example.org P. IVA 02159640305 - C.F. 94070140309 fondo consortile € 3.696.000