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MIT Feasibility

Are you considering an innovation project in the SME sector? Perhaps you can take advantage of the MIT feasibility grant. This subsidy helps finance feasibility studies for new products, processes, or services, thereby reducing pre-phase risks.

Target audience

Entrepreneurs

Budget

€ 850,000

Deadline

17 Sep 2024

Location

Provincial
Home » Grants » MIT Feasibility

Which projects are eligible for the MIT feasibility grant?

You can apply for MIT grant if you are an SME involved in an innovation project within one of the top sectors: Agri & Food, Creative Industries, Energy, Life Sciences & Health (LSH), Logistics, High Tech Systems & Materials (HTSM), Horticulture & Starting Materials, and Water. In 2024, the project must also align with one of the themes of the mission-driven top sector policy: Energy transition & sustainability, Agriculture, water & food, Health & care, Security, Key technologies, and Societal earning capacity.

As mentioned, an MIT feasibility project consists of a feasibility study, or a combination of a feasibility study, industrial research, and/or experimental development.

What is meant by feasibility study?
In a feasibility project, at least 60% of the activities will be carried out under the heading of a feasibility study. You can then think of:

  • Literature review
  • Patent investigation
  • Inventory of available technologies and potential partners
  • Market exploration
  • Competition analysis

 

What is meant by industrial research?
Industrial research is a form of research aimed at acquiring new knowledge and skills with the goal of developing new products, processes, or services, or significantly improving existing products, processes, or services.

What is meant by experimental development?
Experimental development is the subsequent phase after industrial research. It involves systematic work that utilizes existing knowledge obtained from research and/or practical experience, aimed at producing new materials, products, or devices, establishing new processes, systems, and services, or significantly improving existing ones.

What is our revenue model?

Wondering how our earning models work? We use a variety of strategies specially designed to enhance all your grant opportunities. See our earning models page for more information.

Maximum MIT feasibility contribution

€ 20.000
Want to learn more about how we can increase the chance of success for your organization regarding this grant scheme? Or is there something else you need information about? Please let us know, we are ready to help you.

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A team of specialists at your service

Bernhard Siebert

Project Controller

Dr. Priyanka Das

Consultant

Jerome Eller

IT specialist for system integration

Caterina Bertucci

Junior Sales Operator

Dr. Benjamin Hötzer

CEO

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