Am i ready for an SME-i submission?

DIAGNOSIS OVERVIEW

• The spirit of the SME instrument is to support innovative and excellent business opportunities.
• Its objective is to identify how the business opportunities presented could act on the proposed market and thus benefit the SME in terms of growth and employment.

1. BUSINESS OPPORTUNITY

• It is the economic, social, industrial, environmental, and so on context in which the innovation is conceived and will develop:
  • Identification of problems to be solved / challenges to be addressed
  • Objectives and expected results
  • The concept of innovation and its disruptiveness
  • The methodology chosen
  • The criteria of success in relation to the existing

2. FEASIBILITY STUDY

• It is a technological and financial assessment that includes:
  • A user / client analysis
  • A study of market potential
  • A state of international competition
  • A plan for the management of intellectual property
  • The identificaiton of the regulatory context

3. BUSINESS MODEL

• The business model includes a business plan and a business strategy aimed at exploiting and disseminating innovation:
  • It identifies the growth potential of innovation (number of users) and SME (turnover, profit, etc.)
  • It sets out the measures to be implemented to ensure rapid market access
  • It defines a detailed and credible business strategy.

4. MANAGEMENT CAPACITY

• It is a question of presenting the modalities of implementation, the operational and financial capacities of the project leader:
  • Competence and know-how of the company
  • General work plan and deliverables
  • Structure and procedure of project management
  • Resources
  • Ethics and security where appropriate