Support Mechanisms for R&D+i and Internationalisation of Projects

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Fondo Europeo deDesarrollo Regional (FEDER)

Una manera de hacer Europa

CDTI- INSTITUTIONAL PRESENTATION

ANTONIO GOMEZ GALVEZ

Promotion & Coordination Direc.

C.D.T.I.-Centre for the Development of Industrial Technology

Sevilla, 13th November 2014

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Index

1. What is CDTI?

2. RTDI funding

3. RTDI Internationalization

4. Orientation & Services

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Center for Industrial Technological Development

Created in 1977

Public Entity (Ministry of Economy and Competitiveness)

Business innovation financing agency

Focal point for the promotion of technological innovation

High national and international prestige

1. What is CDTI?

Enhance Spanish companies’ competitiveness and internationalization

through innovation

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Over 35 years supporting business RTDI

14,500 beneficiary companies

EUR 13,158 million committed Business RTDI

Technological modernizationInternationalization

1. What is CDTI?

Availability of funds in 2014:EUR 1,031 million

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Direct funding to R&D projects (million €)

Number of R&D projects approved by CDTI

1. What is CDTI?

368 461896

1.205917

1.251 1.250 1.380

635 833

0

2000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

779 8011.063 1.154 1.224

1.7032.315 2.224

1.0861.516

0

500

1000

1500

2000

2500

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

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2005 2013 ∆ 2013-2005

Funded companies 684 1.296 89%

Funded SMEs 366 835 128%

New companies in CDTI 347 586 69%

The main beneficiaries of CDTI instruments are SMEs (64% of companies in 2013)

1. What is CDTI?

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RTDI funding

Support to the creation and consolidation of new

technology based companies

• Evaluation and funding:• Individual R&D projects• National Cooperation R&D

projects• Innovation projects• Internationalization

• Reports towards tax exemption

• INNVIERTE

RTDI internationalization

• Support to technological transfer: Foreign network

• Technological Cooperation: Eureka, Iberoeka, Eurostars, European Framework Programme…

• International Technological Promotion

Aeronautics, Space and Industrial Returns

Programmes

• Aerospace RTDI• Technological supplies:

CERN , Hispasat, Eumetsat…

1. What is CDTI?

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INNOVATIVE SYSTEM FOR THE ASSESSMENT OF THE FUNDED ACTIVITIES

Impact of projects completed in 2012Results of previous studies confirmed: a positive impact in companies

performance

Positive impact on sales (94% of the companies) and exports (70% ofthe companies).

63% of SMEs and 60% of large companies state that their productinnovations are new to the market.

49% of beneficiary companies participates in an internationalcooperation programme. 60% of SMEs involved would not be able tojoin without CDTI support.

23% of the projects will result in patents.

1. What is CDTI?

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Index

1. What is CDTI?

2. RTDI funding



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Technical risk

Funding intensity

R+D+I company process

Precompetitive Research Technological

DevelopmentIndustrial

Innovation

CDTIproject type

Industrial Research

DevelopmentInnovation

Research center collaboration

New products/processes

development

Technology Internationalization

Technology update

International Technological

Promotion

Technology transfer and promotion

2. RTDI funding

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R&D Projects

Technology innovative project

Adequacy enterprise / project : technical & financial & market feasibility

R&D projects requested by trading companies

Open call

No R&D lines predefined, no pre-selected technologies

Aid intensity within the limits of the General Block Exemption Regulation

General characteristics and requirements

2. RTDI funding

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AdvancesMultiannual funding

(1-3 years)

Long recovery: 10 years includes a

grace period (2-3 years)

Company own resources: 30% total

budget

• Industrial market-oriented projects

• Individual or in cooperation

• National or from an international programme

• Min budget: 175.000 € (cooperation: ~ 500.000)

Loans up to 75%**Fixed interest rate

Euribor

Possible non-repayable parts (max

30%)

(*) Subject to availability

(**) 85% in regions co-funded with Technological Fund (TF)

2. RTDI funding R&D Projects

CHARACTERISTICS (*) SME No SME

Basic 10% 5%

Research Organization 15% 10%

Europe Funds Up to 20%

International 30% 20%

EEA Grants 20% 20%

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Interest rate and recovery periodUE Funds (loan up to 85%) 1% and 3 years (1 grace) CDTI Funds (loan up to 75%) 1% and 3 years (1 grace) or 2% and 5 years (1 grace)

CDTI payment at once – milestone

reached

Advances

• Industrial projects

• Purchase or update new technologies

• Competitive advantage for the company

• Min budget: 175.000 € / company

Repayable loan up to 85%

Minimis

(*) Starting one year after the end of the project

2. RTDI funding Innovation Projects

ELEGIBLE COSTS

New equipment

Human resources

Materials

External subcontracting

General costs

Audit costs

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Interest rate and recovery periodVariable interest rate depending on company analysis (between 1,5% and 3,5%). 7 years.

CDTI payment at once – milestone

reached

Minimum guarantee

required (50%)

• Purchase or update new technologies

• In Spain or abroad (no delocalization activities)

• Competitive advantage for the company

• Min budget: 667.000 € / company

• Max budget: 10.000.000 € / company

Repayable loan up to 75%

2. RTDI funding Global Innovation Projects

ELEGIBLE COSTS

New equipment

External subcontracting

Audit costs

Advances

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2. RTDI funding Venture Capital Initiatives

Process for proposals

• Public fund of venture capital for public-private co-investment technology companies

• SMEs based in Spain in an early growth stage

• Leading companies from different sectors as major co-investors

• Support to SMEs, strategic and operational advice and access to new markets

• Investment agreement: 12 years max

• Investment period: 4-6 yearsPrivate co-

investor CDTI

Proposal

Investment Committee

Decision

Tech. Area Leading Company Public-PrivateCommitments*

Implementation

TIC Telefónica 95 2 VC Funds

Cleantech AGBAR 26,25 Co-inv. Agreement

Cleantech Arteche 21 Co-inv. Agreement

Cleantech FCC 21 Co-inv. Agreement

Cleantech Iberdrola 26,25 Co-inv. Agreement

Cleantech Repsol 21 Co-inv. Agreement

Industrial CaixaBank 23 VC Entity (*) Million euros

32 SMEs already invested (28 M€)

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Index

1. What is CDTI?

2. RTDI funding



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Objective: to achieve an effective technological cooperation

Market focused with no R&D lines predefined

Bottom-up

At least two enterprises from two different countries

Balanced consortia, symmetrical-based collaboration

Open call , excluding grants (Eurostars 2 per year)

Domestic funding: each country funds their entities

Active policy: encouraging the participation in

international programs

Multilateral & Bilateral Programs


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• EU proposals H2020 preparation

• Encourage to participate in H2020

• Euribor loan up to 50.000 €, repayable only if the project is funded

• Maximum 2 APC per company during the H2020 period

3. RTDI Internationalization Innvolucra

APC

• Participation in Call for Tenders addressing Large Scientific Facilities

• Euribor loan up to 30.000 €, repayable in case the contract is awarded

• Maximum 1 per company and Call for Tenders

APO

• Grants for on-the-job training at SOST office in BrusselsTraining

• Promote and facilitate international relations of Spanish companies in international technology cooperation programmes

International missions

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Advances

Long recovery: 10 years (includes

grace period of 3 years)

Non repayable part (5%)*

Duration: 6 to 24 months

• Promotion and protection in foreign markets of innovative technologies

• Only for SMEs

• Consistent and well defined international plan that may include:

Min funding budget: 75.000

Loans up to 75% Fixed interest rate:

Euribor

(*) Subject to availability

Innternacionaliza3. RTDI Internationalization

• Industrial property rights: 45% small enterprise, 35% medium enterprise

• Advisory services to support innovation: 200.000 € in 3 years

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European funding

Support to universities, R&D companies, technological centers and other players


Participation in the EU 7th Framework Programme for R&D

7th FP (2007-2013*):

Grants of 2,970 M€

The FP is one of the largest sources of project financing in Europe and in Spain

6,5%

8,3%

6th FP: accumulated return

7th FP: accumulated return

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Integrating research and innovation

More open and flexible

Increased use of bottom-up

Instruments

Simplification

Objective: 20% for SMEs

Priority IExcellence in the

Science Base24,441 M€

Priority IICreating Industrial

Leadership and competitive Frameworks17,016 M€

Priority III Tackling Societal

Challenges29,679 M€


Participation in the EU Framework Programme Horizon 2020

Financing focused on major social challenges and competitiveness (77,028 M€ aprox.)

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Index

1. What is CDTI?

2. RTDI funding



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• South Africa

• Egypt

• Algeria

• Canada

• Argentina

• Colombia

• Taiwan

• Malaysia

• Australia

• Singapore

• Indonesia

• Thailand

• Arab Emirates

• Turkey

• Israel

• Russia

New openings

CDTI External Network


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Network for RTDI Information (Red PI+D+i)

“NONE INNOVATIVE PROJECT WITH ANY AID”

Important territorial coverage

ACCESS TO SERVICE

On line: http://www.redpidi.es

Telephone: 902.34.74.34

Face to face: Closer PIDI point http://www.redpidi.es

Red PIDI4. Orientation & Services

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Issuing motivated reports


CDTI is a relevant authority to issue binding motivated reports on the projects that it is funding

Issue motivated reports facilitate access to the tax reductions

• A single report for the whole duration of the project

• It provides greater legal security for the companies funded by CDTI

• The report certifies the “ex – ante” contents in RTDI

• A report will be issued to each of the partners of the consortium

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THANKS!