Project – Crowdfunding to drive regional Innovation

the Programme: Other (EUSDR projects related)


Description: CrowdInno`s main objective is to establish innovation networks enabling the public sector to support SMEs, spin-offs and start-ups to access qualitative alternative financing (crowdfunding) and to exploit the resulting findings for more innovation in the Danube Region. CrowdInno will enable public service providers to support spin-offs, start-ups & SMEs creating their pitching campaigns for crowdfunding. Further it will link the creative industry with the spin-offs, start-ups & SMEs in order to develop high quality pitching campaigns. Successful spin-offs, start-ups & SMEs will be ready for public/private match-funding. CrowdInno aims to create different pilot models of cooperation between those actors. Such models can be: 1. Incubator model - business incubators offer trainings on crowdfunding - local academic media-schools develop crowdfunding & pitching strategies with start-ups - start-ups will be presented on crowdfunding platforms 2. Innovation Fund model - start-ups use seed funds to create their pitching videos with the local creative industry - crowdfunding platforms take up those start-ups - successful campaigns receive match-funding from innovation funds 3. Crowd-selection model - the local media school gets funded to create pitching videos for local start-ups - a local social network selects the most promising start-ups (crowd-selection) - a jury conducts the final selection for the best start-up for innovation funding
Expected Results: CrowdInno deliverables - transnational quality label tools for crowdfunding services (reward-based, peer to peer, EQUITY) - Transnational innovation networks to support spin-offs, start-ups & SMEs to create partnership with creative sectors to attract investments, (e.g. crowdfunding) - training material and guideline to support public actors develop innovative services to support SMEs approaching crowdfunding - trainings for innovation promoters on crowdfunding - pilot actions on public supported campaigning models for crowdfunding

Project Summary

Project name (EN): Crowdfunding to drive regional Innovation
Project acronym: CrowdInno

Project start date: 2016-04-30
Project end date: 2019-04-29
Project status: Ongoing

Total budget/expenditure: EUR 2.708.470,00
European Union funding: EUR 2.225.782,00

Project part of European Union Macro-Regional or Sea Basin Strategy: EUSDR
EUSDR Priority (Policy) area / Horizontal action: Priority Area 10 - To step up institutional capacity and cooperation
EUSDR Degree of compliance: in line with the EUSDR

Project documents

No outputs available yet.

Partners Data

Lead Partner (EN): South Bohemian Agency for Support to Innovative Enterprising (JAIP)
Lead Partner: South Bohemian Agency for Support to Innovative Enterprising (JAIP)
Address: Na Zlaté stoce 1619, České Budějovice, Czech Republic

Partners Location

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