Fast Track Innovation in the EU - Pilot (2015-2016) launched

The Fast Track to Innovation (FTI) pilot provides funding for bottom-up proposals for close-to-market innovation activities in any area of technology or application. This thematic openness - combined with the possibility for all kinds of innovation actors to work together and deliver innovation onto the market and/or into society - should nurture trans-disciplinary and cross-sectoral cooperation.

The aim is to:

- reduce time from idea to market,

- stimulate the participation of first-time applicants to EU research funding, and

- increase private sector investment in research and innovation.

The FTI Pilot will be implemented in 2015 and 2016 with a total budget of €200 million (€100 million per year) across the Horizon 2020 priority "Societal Challenges" and the specific objective "Leadership in Enabling and Industrial Technologies (LEITs)", without further topical restrictions.