Here are 6 lessons we learnt from this very first evaluation exercise that we think can be useful for the future applicants.
Most of the non-selected proposals were:
- Too much focused on the project and not enough on the business opportunity;
- Not convincing when describing the company (you have to explain why your company will succeed and not your competitor);
- Not providing enough information on competing solutions;
- Having a too low level of innovation, planning to develop a product that already exists on the market;
- Proposing just an idea without any concept for its commercialisation;
- Just trying their luck (the SME Instrument is not a lottery!).
If you keep these 6 points in mind when drafting your proposal, you may have higher chances to succeed. The next deadline for phase 1 is on the 24th September 2014 (but the call is continuously open).
Nb. Nordwand -> https://www.youtube.com/watch?v=xbbXWyI2AqE~
feasible, sure
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