May 2015 Spray 37 this simple concept is very difficult to put into practice. Most inventions fail to cross the fragile bridge from invention to innovation due to lack of market analysis, Cosimo Franco CEO, Endura (Italy) customer interest, financial analysis, etc. This matter seems clear to EU authorities and through this kind of consortium project, they will attempt to help SMEs to be more successful in turning invention into innovation. The program reflected all aspects of EU research policy and had a budget of over €55.8 billion ($60.37 billion), of which over €3.9 billion ($4.22 billion) is devoted to SME innovation. It should be noted that SMEs in Europe contribute to two-thirds of the European gross domestic products (GDP), creating 75 million jobs. The EU 7th FP evaluation criteria for project eligibility are shown in Table 1. All participants have to be actively involved in the project chain and a Consortium Agreement among the participants, reporting the property of intellectual Table 1. CRITERIA SCORE Scientific and/or Technological Excellence From 0 to 5 Qulaity and Efficacy of its Implementation and Management From 0 to 5 Potential Economical Impact and use of Project Results From 0 to 5 Max 15
Spray May 2015
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