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Launch Brussels Spin-off

January 22, 2016

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Launch supports the creation of new companies (spin-offs) in the Brussels-Capital Region in order to economically promote the results of scientific research.

It enables the financing of projects, the objectives of which are:

  • to study the conditions of the industrial and commercial implementation of the results obtained with a view to the creation of a new economic activity in the Brussels-Capital Region.
  • to finalise the development of a product, process or innovative service based on the results obtained during earlier research;

 

What are the eligibility conditions ?

Those able to benefit from Launch aid are universities and higher education institutions which fulfil the following conditions:

  • develop all or some of its activities within the territory covered by the Brussels-Capital Region
  • present a project, the aim of which is to finalise the development of a product, process or innovative service based on the results obtained during earlier research
  • the project must be supported by a researcher-entrepreneur who holds a long-term type teaching diploma and by a promoter who is professor or an experienced researcher from the institution which submits the application.
  • have the support of at least two sponsors from the economic world in charge of guiding the entrepreneur-researcher for aspects concerning the project’s economic promotion
  • demonstrate that the project is likely to lead to economic promotion through the creation of a company
  • show that the project is likely to have a favourable impact on the economy, employment and/or sustainable development of the Brussels-Capital Region

have fulfilled its obligations in the context of previous support initiatives allocated by the Region

Type and duration of financial intervention

Financial aid may be allocated as a grant. It covers a period of two years. This period may be extended by 1 year.
Under exceptional circumstances, a fourth year may be obtained.

Financial aid covers 100% of the project’s costs.

Evaluation of applications

Each admissible project is evaluated by a jury of scientific experts as well as an expert from the economic sector and/or an expert in enterprise creation.

The evaluation is based on the analysis of the documents submitted by the applicant and an interview by the jury.

The evaluation criteria are as follows:

  • innovative character and scientific quality
  • the project’s feasibility (technological and scientific risks to overcome, methodology and planning)
  • the candidate’s entrepreneurial spirit (the candidate’s ability to undertake all of the tasks needed to launch the spin-off)
  • the candidate’s supervision (research environment, promoter’s competences, profiles and involvement of sponsors and the interface)
  • the economic potential (response to a demand from the sector targeted, feasibility of the promotion, value creation and employment plan in the Brussels-Capital Region).

For further information about the conditions of this aid, consult its Rules.

Companies and collective research centres may also benefit from Launch aid in order to create a Spin-off. For further information about the conditions of this aid, see the corresponding page here.

 

Innoviris contact person

Aline Grosfils

Scientific Advisor

Strategic Research Team

Tél. +32 2 600 50 66
agrosfils@innoviris.be

Details

Date:
January 22, 2016
Event Category:

Organizer

Innoviris
Website:
www.innoviris.be