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FIT Program –
Financing possibility for
your innovation projects
                            Kirsi Vähä-Pietilä
            Head of Finnish EUREKA Office
            E-mail kirsi.vaha-pietila@tekes.fi
                      Tel. +358 10 605 5730




                                  3.9.2012   Copyright © Tekes
Tekes Strategy in a nutshell
Growth and wellbeing from renewal
Tekes funds leading edge research, development and
innovation projects
• Priority to growth-seeking, innovative SME’s
• Increased focus on forerunners and strategic innovations
• Customer success in global value networks
• Services and non-technical contents as
  important as industry and technologies
• Tekes will play a more essential role in the innovation
  services cooperation network
• A more customer-oriented and flexible approach

Tekes R&D funding in 2011
• Total 610 million euros and 1,928 projects
• More than half to enterprises, 80 M€ to SHOKs, 200 M€ to
  research in universities & research centres
                                                      DM 775643 03-2011   Copyright © Tekes
R&D investments in some countries
Percentage of GDP
 5.0
 4.5
 4.0
 3.5
 3.0
 2.5
 2.0
 1.5
 1.0
 0.5
 0.0


Source: OECD, Main Science and Technology Indicators


                                                       DM 36109, 36054 and 640134 09-2011   Copyright © Tekes
Finland-Israel Technology Cooperation Program
                       FIT
What & why?
 To implement the MoU signed 2001 between Finland and
 Israel for cooperation in the field of industrial research and
 development
 To increase and support Finnish and Israeli organisations’
 cooperation
 To offer R&D performing companies and research institutes a
 great opportunity to collaborate with the most advanced
 players in Finland and Israel
 To provide public funding to qualified projects and qualified
 participants by national authorities:
 the Office of the Chief Scientist (OCS) in Israel and Tekes, the
 Finnish Funding Agency for Technology and Innovation in
 Finland
                          Ministry of
                          Industry, Trade and
                          Labor (MOITAL)
                          Office of the
                          Chief Scientis t
                                                                    Copyright © Tekes
Annual calls for proposals for joint R&D
projects
Focus
 Project proposals on industrial research and development of
 innovative products and applications in different technology
 areas
 Announcement and application forms will be publish on Tekes
 and Matimop webpages
Participants
 at least one Israeli and one Finnish commercial company
Call                                                                            Ministry of
                                                                                Industry, Trade and
                                                                                Labor (MOITAL)

Two phase procedure                                                             Office of the
                                                                                Chief Scientis t



 Phase 1: A short project outlines submitted to MATIMOP and Tekes.
 The outlines will be screened and evaluated by the joint appraisal
 committee.
 Phase 2: Partners with approved outlines will be invited to submit
 national funding applications according to the national rules of Tekes
 and OCS respectively.                                                    Copyright © Tekes
                                                                          08-2009 Copyright © Tekes
Annual calls for proposals for joint R&D
projects
Submission and evaluation
  Phase 1: Identical applications to FIT committee in both countries.
  FIT program committee and evaluators from both countries make a
  joint decision
  Phase 2: Local funding application forms and local evaluation
  procedures at each side and joint decisions of both countries
Funding
  Each agency funds the local participants according to the
  local regulations and conditions
                                                                              Ministry of

Financing                                                                     Industry, Trade and
                                                                              Labor (MOITAL)
                                                                              Office of the
                                                                              Chief Scientis t

  project participants finance their costs from own funds,
  capital market or the applicable national or regional funding
  schemes
  OCS and Tekes have earmarked a budget of up to 5 million
  euros each for the Call
                                                                        Copyright © Tekes
                                                                        08-2009 Copyright © Tekes
Finland-Israel Technology Cooperation Program
                       FIT
Some projects
 E!3808 RPT
 • Developing Robotic Preeclampsia Diagnostics With The Delfia Series And The
   Placenta Protein 13 (Pp13) Biomarker
 E! 3630 ESDSL
 • Extended Symmetrical Digital Subscriber Line (ESDSL) Modem Performances
 E! 3638 MMS DELTA
 • Mobile Multimedia Transcoding And Delivery System
 E! 3639 NETHAWKEYES
                                                                                     Ministry of
                                                                                     Industry, Trade and
 • A Gsm And 3g Cellular Network Rf Optimisation System                              Labor (MOITAL)
                                                                                     Office of the
                                                                                     Chief Scientis t




                                                                                Copyright © Tekes
Finland-Israel Technology Cooperation Program
                      FIT

Some projects
 E! 3951 MAGCAST
 • Development Of Permanent Mould Cast Creep-Resistant Magnesium Alloys For
   Safety Related Components
 E! 3952 SMPFL
 • Novel Industrial Pulsed Fibre Laser With Ideal (Single Mode) Beam Quality
 E! 3998 NETHAWKEYES2
 • Gsm (Global Standard For Mobiles) And 3g Cellular Network Rf Optimisation
   System                                                                           Ministry of
                                                                                    Industry, Trade and
                                                                                    Labor (MOITAL)
                                                                                    Office of the
                                                                                    Chief Scientis t




                                                                               Copyright © Tekes
Finland-Israel Technology Cooperation Program
                      FIT
Some projects
 E! 4973 RNU2001PB
 • Development of a small size and low cost Wimax Pico Base Station for Extension
   coverage
 E! 5812 MiraVigi
 • Integrating Mirasys Recording and Vigilant Management Platforms to develop
   cutting edge Solution for Video Recording
 E! 7193 EEG-MEG-MRI
 • Development of Functional Imaging Method to improve Brain-based Diagnosis and
   Treament
                                                                                         Ministry of

 E! 7195 HEDiL-FL                                                                        Industry, Trade and
                                                                                         Labor (MOITAL)
                                                                                         Office of the
                                                                                         Chief Scientis t
 • Development of Pulsed High Energy High Peak Power Lasers with Diffraction
   Limited Beam Quality
 E! 7599 Safetylocation
 • Integration and Optimisation of an accurate GPS for Vehicle Safety Application



                                                                                    Copyright © Tekes
Israeli-Finnish Cooperation in Tekes funded
R&D projects 2002 –2011
         Number of projects                               Tekes funding
           Total 138 pcs                              Total 40,0 million euros
30                                               9
25                                               8                             1,9
                                                 7
20                                               6
                           20                                          5,0
15                                          8    5
                                    7            4                                     1,5
10            6        7        5                                           2 6,8
                  11                             3                 0,8             3,4
                                        7
 5                                          11   2             2,3
          5   7        7   8    8 10                       0,6     2,3 2,9 2,6
                                                                                       3,4
     1            3                     4        1 0,4
 0   2    1                                                0,9 0,7                 1,0
                                                 0 0,7 0,4
                                                       0,1



                                             Research Projects

                                             Company projects

                                                                                             Copyright © Tekes
Finland-Israel Technology Cooperation Program
                      FIT
• FIT offers
  • innovative companies and research institutes a great opportunity
    to collaborate with the most advanced players in Israel and
    Finland
  • Support to start and run the innovation projects
  • Publicity on EUREKA web pages and news
• FIT provides public funding to qualified projects and qualified
  participants by national authorities:
  • For SMEs seeking growth trough internationalisation                     Ministry of
                                                                            Industry, Trade and
                                                                            Labor (MOITAL)
                                                                            Office of the

  • High-risk, growth-oriented development projects by companies
                                                                            Chief Scientis t




    of moderate growth
• Partners in close-to-market FIT projects often offer
   market channels to new markets and businesses


                                                                       Copyright © Tekes
Interested?

Additional information

 • Tekes
   Ms. Kirsi Vähä-Pietilä
   +358 1060 55730
   e-mail: Kirsi.Vaha-Pietila@tekes.fi
 • Matimop
   Mr. Uzi Bar-Sadeh
   +972-3-5118185
   e-mail: uzi@matimop.org.il




                                         Copyright © Tekes

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FIT Program - Financing Possibility for Your Innovation Projects, Kirsi Vähä-Pietilä, Tekes

  • 1. FIT Program – Financing possibility for your innovation projects Kirsi Vähä-Pietilä Head of Finnish EUREKA Office E-mail kirsi.vaha-pietila@tekes.fi Tel. +358 10 605 5730 3.9.2012 Copyright © Tekes
  • 2. Tekes Strategy in a nutshell Growth and wellbeing from renewal Tekes funds leading edge research, development and innovation projects • Priority to growth-seeking, innovative SME’s • Increased focus on forerunners and strategic innovations • Customer success in global value networks • Services and non-technical contents as important as industry and technologies • Tekes will play a more essential role in the innovation services cooperation network • A more customer-oriented and flexible approach Tekes R&D funding in 2011 • Total 610 million euros and 1,928 projects • More than half to enterprises, 80 M€ to SHOKs, 200 M€ to research in universities & research centres DM 775643 03-2011 Copyright © Tekes
  • 3. R&D investments in some countries Percentage of GDP 5.0 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 Source: OECD, Main Science and Technology Indicators DM 36109, 36054 and 640134 09-2011 Copyright © Tekes
  • 4. Finland-Israel Technology Cooperation Program FIT What & why? To implement the MoU signed 2001 between Finland and Israel for cooperation in the field of industrial research and development To increase and support Finnish and Israeli organisations’ cooperation To offer R&D performing companies and research institutes a great opportunity to collaborate with the most advanced players in Finland and Israel To provide public funding to qualified projects and qualified participants by national authorities: the Office of the Chief Scientist (OCS) in Israel and Tekes, the Finnish Funding Agency for Technology and Innovation in Finland Ministry of Industry, Trade and Labor (MOITAL) Office of the Chief Scientis t Copyright © Tekes
  • 5. Annual calls for proposals for joint R&D projects Focus Project proposals on industrial research and development of innovative products and applications in different technology areas Announcement and application forms will be publish on Tekes and Matimop webpages Participants at least one Israeli and one Finnish commercial company Call Ministry of Industry, Trade and Labor (MOITAL) Two phase procedure Office of the Chief Scientis t Phase 1: A short project outlines submitted to MATIMOP and Tekes. The outlines will be screened and evaluated by the joint appraisal committee. Phase 2: Partners with approved outlines will be invited to submit national funding applications according to the national rules of Tekes and OCS respectively. Copyright © Tekes 08-2009 Copyright © Tekes
  • 6. Annual calls for proposals for joint R&D projects Submission and evaluation Phase 1: Identical applications to FIT committee in both countries. FIT program committee and evaluators from both countries make a joint decision Phase 2: Local funding application forms and local evaluation procedures at each side and joint decisions of both countries Funding Each agency funds the local participants according to the local regulations and conditions Ministry of Financing Industry, Trade and Labor (MOITAL) Office of the Chief Scientis t project participants finance their costs from own funds, capital market or the applicable national or regional funding schemes OCS and Tekes have earmarked a budget of up to 5 million euros each for the Call Copyright © Tekes 08-2009 Copyright © Tekes
  • 7. Finland-Israel Technology Cooperation Program FIT Some projects E!3808 RPT • Developing Robotic Preeclampsia Diagnostics With The Delfia Series And The Placenta Protein 13 (Pp13) Biomarker E! 3630 ESDSL • Extended Symmetrical Digital Subscriber Line (ESDSL) Modem Performances E! 3638 MMS DELTA • Mobile Multimedia Transcoding And Delivery System E! 3639 NETHAWKEYES Ministry of Industry, Trade and • A Gsm And 3g Cellular Network Rf Optimisation System Labor (MOITAL) Office of the Chief Scientis t Copyright © Tekes
  • 8. Finland-Israel Technology Cooperation Program FIT Some projects E! 3951 MAGCAST • Development Of Permanent Mould Cast Creep-Resistant Magnesium Alloys For Safety Related Components E! 3952 SMPFL • Novel Industrial Pulsed Fibre Laser With Ideal (Single Mode) Beam Quality E! 3998 NETHAWKEYES2 • Gsm (Global Standard For Mobiles) And 3g Cellular Network Rf Optimisation System Ministry of Industry, Trade and Labor (MOITAL) Office of the Chief Scientis t Copyright © Tekes
  • 9. Finland-Israel Technology Cooperation Program FIT Some projects E! 4973 RNU2001PB • Development of a small size and low cost Wimax Pico Base Station for Extension coverage E! 5812 MiraVigi • Integrating Mirasys Recording and Vigilant Management Platforms to develop cutting edge Solution for Video Recording E! 7193 EEG-MEG-MRI • Development of Functional Imaging Method to improve Brain-based Diagnosis and Treament Ministry of E! 7195 HEDiL-FL Industry, Trade and Labor (MOITAL) Office of the Chief Scientis t • Development of Pulsed High Energy High Peak Power Lasers with Diffraction Limited Beam Quality E! 7599 Safetylocation • Integration and Optimisation of an accurate GPS for Vehicle Safety Application Copyright © Tekes
  • 10. Israeli-Finnish Cooperation in Tekes funded R&D projects 2002 –2011 Number of projects Tekes funding Total 138 pcs Total 40,0 million euros 30 9 25 8 1,9 7 20 6 20 5,0 15 8 5 7 4 1,5 10 6 7 5 2 6,8 11 3 0,8 3,4 7 5 11 2 2,3 5 7 7 8 8 10 0,6 2,3 2,9 2,6 3,4 1 3 4 1 0,4 0 2 1 0,9 0,7 1,0 0 0,7 0,4 0,1 Research Projects Company projects Copyright © Tekes
  • 11. Finland-Israel Technology Cooperation Program FIT • FIT offers • innovative companies and research institutes a great opportunity to collaborate with the most advanced players in Israel and Finland • Support to start and run the innovation projects • Publicity on EUREKA web pages and news • FIT provides public funding to qualified projects and qualified participants by national authorities: • For SMEs seeking growth trough internationalisation Ministry of Industry, Trade and Labor (MOITAL) Office of the • High-risk, growth-oriented development projects by companies Chief Scientis t of moderate growth • Partners in close-to-market FIT projects often offer market channels to new markets and businesses Copyright © Tekes
  • 12. Interested? Additional information • Tekes Ms. Kirsi Vähä-Pietilä +358 1060 55730 e-mail: Kirsi.Vaha-Pietila@tekes.fi • Matimop Mr. Uzi Bar-Sadeh +972-3-5118185 e-mail: uzi@matimop.org.il Copyright © Tekes