Predict at a glance your opportunities to enter in a successful FP project with the KAPPA-Health online tool
Date: 03/10/2011
An Online Success Predictive Tool has been designed on the basis of the KAPPA Key Performance Factors (KPF) for a successful participation of SMEs in FP6 and FP7.
Healthcare biotechnology is, more often than not, a casualty of lacking financing since it can take over a decade of product development before a product hits the shelves. Businesses in this area need external funding for extensive periods of time to sustain high-quality research and development activities.
Obtaining public funding is one way of bridging the financing gap and increasing the chances of survival for high-tech SMEs. The European Commission funded KAPPA-Health project focused on assessing research intensive SMEs that have participated in 6th and 7th Framework Programme (FP) research projects. The objective of the research was to measure how successful SMEs were in their project participation and to analyse how SMEs exploited the results generated through their participation in a research project funded by Framework Programmes.
During the project, key success factors for participating in EU research projects were identified and analysed. These factors were deemed to be crucial to an SME’s ability to exploit project results and prove the viability of new technologies for commercialisation. KAPPA-Health identified the most important success factors out of the SMEs experience in their participation in FP6 or FP7 projects. Success factors can therefore clearly serve as recommendations for less experienced SMEs, like newcomers to the FP and become a preferred “check-list” for SMEs with respect to “things to take into account” for better exploiting the research resulting from LSH/Health projects in the near future.
The Online Success Predictive Tool aims at helping SMEs to predict at a glance their opportunities to enter in a successful FP project and is available at http://www.kappa-health.org/predictive-tool
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