Fast Track to Innovation (FTI)
A grant to open up new markets
The Fast Track to Innovation (FTI) programme promotes close-to-the-market innovation activities, with a maximum time-to-market of 36 months. The programme is valid for any type of idea and participant, so long as there is a relevant industry participation within the consortium, which must be between 3 and 5 entities (with a minimum of 3 EU countries involved).
FTI helps to create and test products, services, and processes that have the potential to revolutionize or create entirely new markets by:
- Reducing the time from idea (which can be of any topic) to market
- Facilitating and encouraging the participation of industrial entities that had not previously participated in programmes due to complex administration, lower TRLs, or larger consortia required in H2020 and FET.
- Increasing investment in research and innovation from the private sector
FTI is part of the European Innovation Council (EIC) pilot. During the period from 2018-2020, each year will have a total of 3 annual cut off dates in February, May and October.
Helps potential new markets
It is the world’s largest R&D grant for revolutionary products and processes.
Promotes short-term ideas
It finances projects that can be developed in a maximum of 36 months.
The vast majority are carried out through consortium projects of 3 to 5 companies.