Innovation and Entrepreneurship
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DESCRIPTION
Science and innovation are the engine of the economy in advanced societies.
Effective knowledge transfer is essential to ensure that scientific research resultsreach the market and society providing value to both of them.
The transfer of knowledge from Public Research Centres to companies is one of the cornerstones of European innovation policy and is linked to the innovation programmes of EU member states.
The creation of spin-off/EBTs (Technology Based Firms) is one of the main toolsto achieve this transfer of research results and knowledge and to contribute to the development of their immediate surroundings.
Grants have been used to promote the creation and consolidation of spin-offs in Madrid's universities. For this reason, a public call was approved to encourage innovation through incubation programmes, acceleration orscaling for innovative projects developed by public universities, non-profit foundations linked to public universities, science parks and public research bodies based in the municipality of Madrid.
The purpose of this call, which is carried out on a public competitive basis, is to strengthen the innovation ecosystem of the city of Madrid by supporting R&D&I projects that are being incubated as well as helping, through public entities in Madrid, innovative companies to accelerate and scale their model.
OBJECTIVES
- Support and strengthen R&D&I projects by promoting incubation and acceleration or scaling-up programmes for innovative projects.
- Consolidation of the city as a pole of attraction and generating talent with high added value, favouring the image of the city as a model to be followed by other cities in the world.
- To position Madrid as a city that develops actions aimed at fostering innovation within companies as well as an attractive destination for the development of programmes and activities with a high R&D&I content through the valorisation and transfer of research results to companies.
DURATION
The 2021 call for proposals is currently in force and runs until November 2022.
The 2022 call for proposals will be published shortly and will run until 15 November 2023.
PROJECT DATA
Figures corresponding to the 2021 call, currently under development.
- 9 Madrid universities submitted to the call for proposals
- 8 beneficiary entities
- 640,000 euros of municipal investment
MORE INFORMATION
Madrid.es >>