SMARTSPEND

Smartspend
Project

SMARTSPEND

Public support for energy technology Research & Innovation

SMARTSPEND is a key project to increase the efficiency of European funding for clean energy. It aims for more and better designed public support for energy technology Research & Innovation.

 

This project has received funding from the European Union's Horizon 2020 research and innovation programme under Grant Agreement nº​ 826044

11
PARTNERS
3
COUNTRIES
943K €
TOTAL BUDGET
3
YEARS
Smartspend

In one click

Project: 
SMARTSPEND
Programme: 
HORIZON 2020
Period: 
2018-2021
Sector: 
ENERGY
01
The Challenge: 

Industry funding is like dark matter: it makes up 80% of all spending but not directly observable. The part of industry funding that is addressable with research policy is the part that is spent on projects cofounded with public money. The challenge of increasing private spending here is therefore the challenge of increasing the efficiency, relevance and quantity of public funding.

02
Solutions: 
SMARTSPEND will report on the synergies in different technologies’ R&D plans, and on the ways that sectors should organise themselves to access EU funding efficiently. It will also will organise a major conference to help innovators in clean energy access risk finance from public and private sources
03
Impacts: 

SMARTSPEND will deliver greater efficiency in the use of public and private money for research. This will come about from sectors learning about the common ground they share and in bridging the gaps between them at the level of Implementation Working Groups. It will help boost the impact of work already funded by the Commission and other organizations interested in the topic of finance for energy innovation.

The SMARTSPEND project is key for more and better designed public support for energy technology Research & Innovation
LUCA PIRA & JOSÉ TRINDADE
COORDINATORS OF SMARTSPEND PROJECT