Innovation Vouchers

Project information

Index: 1087R4
Priority:1: Innovation and the knowledge economy
Sub Theme:Entrepreneurship and SMEs
Location CESKA REPUBLIKA CESKA REPUBLIKA Brno Jihovýchod Start/End date of the practice
Start: 2009
End: open

Topic of the practice

Support scheme for R&D and innovation in SMEs

Good Practice Information

The Czech Innovation Voucher is a supply side eco-innovation tool that has been designed to support co-operation between industry and university R&D. This is to allow for industry to purchase services from R&D players to allow them to improve innovation potential. In the Czech Republic this tool was first introduced in 2009 by the South Moravian Innovation Centre, which has the biggest experience in the country. Since 2009, almost 200 vouchers have been distributed.
The voucher programme currently operates in each region of the Czech Republic. Each region has a budget of around 4m Czech koruna (c. €160,000), 3m of which comes from the European Regional Development Fund and 1m of which is financed by the region. Entrepreneurs producing new or innovative products or services can receive 75% of eligible costs for purchasing outside expertise (maximum of 149,000 CZK).

Evidence of success

In 2009, 2010 and 2011 145 vouchers amounting for more than 20mio CZK were distributed among companies from 4 countries. Interest in the tool has been high, with demand 40% higher than funding has allowed.

Contact details to obtain further information on the practice

Martina Cervenková

South Moravian Innovation Centre (JIC);

Annex completed on: 09-24-2012

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