IPF continues its peer reviews
In 2010 and 2011 INNO-Partnering Forum (IPF) already reviewed seven outstanding innovation support programmes. Since then IPF started its third cycle of peer reviews. Recently, review teams visited France and Turkey.
In Paris the focus was on OSEO's Guarantees for Venture Capital Investments. The VC Guarantee scheme enables VC companies, through an annual agreement with OSEO, to get a loss guarantee for all their eligible investments, up to a pre-defined ceiling. OSEO has stable, long-term relationships with the participants in the programme. The rules are simple, straightforward and attractive for VC funds. Since the scheme is focusing on covering losses, it does not provide investment capital. This makes it an efficient scheme and an attractive way to utilise government money.
In Ankara an IPF team visited TTGV to review its Advanced Technology Projects Support Scheme (ITEP). The aim of ITEP is to help companies and networks in bridging the ‘commercialisation gap’ and to push them in the direction of national priorities (six high technology areas). ITEP provides a soft loan type financial support. Maximum contribution by TTGV is 50% of the cost of the project. The scope of ITEP is broad: a combination of R&D, IPR and commercialisation. ITEP is more than financial support in the form of soft loans: it also gives participants ‘soft support’ through collaboration with TTGV and its experts. Both new review reports are publicly accessible on the IPF website (http://www.proinno-europe.eu/partnering-forum).
For further information please contact work package leader Eelco Denekamp at NL Agency;
E-mail; eelco.denekamp@agentschapnl.nl
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