The Innovation Radar is a European Commission initiative to identify high potential innovations and innovators in EU-funded research and innovation projects. Our goal is to allow every citizen, public official, professional and business person to discover the outputs of EU innovation funding and give them a chance to seek out innovators who could follow in the footsteps of companies such as Skype, TomTom, ARM Holdings, all of whom received EU funding in their early days.
This platform is a first step to achieving such ambitions. We will make information about EU-funded innovations from high-quality projects visible and accessible to the public via the Innovation Radar platform.
Moreover, by providing greater access to such information we aim to encourage the development of a dynamic ecosystem of incubators, entrepreneurs, funding agencies and investors that can help get EU-funded innovations faster to market.
So what is the source of the data behind this platform? The Innovation Radar platform builds on the information and data gathered by independent experts involved in reviewing ongoing projects funded by the EU (under Horizon 2020, Framework Programme 7 (FP7) or the Competitiveness and Innovation Programme (CIP)). These experts also provided an independent view regarding the innovations in the projects and their market potential (more information about the Innovation Radar methodology is available here).
In recent years many great EU-funded innovations identified by the Innovation Radar – and the innovators behind them – have been championed as part of the Innovation Radar prize scheme. Read more about this prize scheme here.