1 ST EUREKATOURISM + WORKSHOP CDTI FUNDING INSTRUMENTS AND APPLICATION TO TOURISM TECHNOLOGIES Javier Echávarri Delmás ICT Technical Officer at Directorate of Promotion and Cooperation Brussels, May 22 nd, 2014
1. Who are we? Center for Industrial Technological Development Created in 1977 Public Entity (Ministry of Economy and Competitiveness) Business innovation funding agency National contact point for the promotion of technological innovation High national and international prestige Spanish Eureka office Enhance Spanish companies competitiveness and internationalization through innovation 2 (19/05/2014)
1. Who are we? Over 35 years supporting business RTDI 14,500 beneficiary companies EUR 13,158 million committed Business RTDI Technological modernization Internationalization Availability of funds in 2014 ~ 1 M The main beneficiaries of CDTI instruments are SMEs (64% of companies in 2013) 3 (19/05/2014)
1. What do we do? RTDI funding Evaluation and funding: Individual R&D projects National Cooperation R&D projects Innovation projects Internationalization Certificates valid for tax exemption Support to the creation and consolidation of technological start-ups NEOTEC NEOTEC Venture Capital INNVIERTE RTDI internationalization Support to technological transfer: Foreign network Technological Cooperation: H2020, Eureka, Iberoeka, Eurostars, H2020 International Technological Promotion Aeronautics, Space and Industrial Returns Programmes Aerospace RTDI Technological supplies: CERN, Hispasat, Eumetsat 4 (19/05/2014)
2. Tourism market in Spain and new perspectives Tourism: more than 10% of GDP, 11% of jobs (1) Strategic business area for economic recovery in the 2012-2015 period (Plan Nacional e Integral del Turismo 2012-2015): Tourist-centric innovation Smart destinations innovation in destination management Get closer to Smart Cities concept Innovation in mature destinations Use ICTs to improve destination services and sustainability XXI Century Tourism tourist office Encourage new business models based on a new approach of tourism experience and the emergence of new actors (eg. urban and inland tourism). Make better use of enormous cultural heritage Promote environmentally friendy tourism. (1) Plan Nacional Integral del Turismo 2012-2015 5 (19/05/2014)
2. Tourism ICT contribution to R&D Main R&D areas (2) : Mobile technologies, geopositioning, advanced electronics Gamification Content management technologies. Tourism 2.0. Cloud DMS Interfaces: Augmented/virtual reality, virtual travel, 3D avatars, natural language processing Affecting computing Security: biometrics, 3D facial recognition, trust and privacy in business exchanges, etc. Interoperabilty, system interconnection. Big and linked data and tourism applications Advanced marketing techniques Future Internet applications for tourism (services, IoT, etc.). Integration in Smart Cities Applications and services for inclusion ETC. (2) Tourism R&D strategic agenda: Tourism Technologial Platform- Thinktur 6 (19/05/2014)
3. RTDI funding Industrial research NEOTEC R&D Projects Development INNVIERTE R&D Projects for PCP/PPI INNVOLUCRA INNVOLUCRA Innovation Internationalization Innovation projects Internationalization Market Seed Start-up Early growth Consolidation Competitive growth 7 (19/05/2014)
3. RTDI funding R&D R&D Projects CHARACTERISTICS (*) SME No SME Industrial market-oriented projects Single participant or consortium May be part of an international project Min budget: 175.000 (consortium: ~ 500.000) Basic 10% 5% Research Organization 15% 10% ESIF Up to 20% International project 25% 20% EEA Grants 20% 20% Loans up to 75%** Fixed interest rate Euribor + 0,1% Company own resources: 30% total budget Non-refund rate (max 25%) (*) Subject to availability Long reimbursement period: 10 years includes a grace period (2-3 years) Multiannual funding (1-3 years) Advanced payments + tax deduction certificate for R&D activities 8 (19/05/2014)
3. RTDI funding - Innovation Innovation Projects Industrial projects Purchase or update new technologies Competitive advantage for the company Min budget: 175.000 / company ELEGIBLE COSTS New equipment Human resources Materials External subcontracting General costs Audit costs Refundable loan up to 85% Advanced payment + rest after project final milestone Minimis Interest rate and recovery period ESIF Funds (loan up to 85%) 2% and 3 years (1 grace) CDTI Funds (loan up to 75%) 2% and 3 years (1 grace) or 2,5% and 5 years (1 grace) (*) Starting one year after the end of the project 9 (19/05/2014)
3. RTDI funding - Startups Funding instrument for technological start-ups (seed and start-up) Target: small, independent R&D intensive companies < 4 years old Stakeholders: Entrepreneurs: min 50% Enterprises: max 24% Entrepreneurs with operating companies: max 30-49% Business plan: minimum 2-year investmentsof 175.000 Up to 70% of eligible costs (max 250.000 ) Payment: 40-60% upon signing the contract Interest rate: Euribor + 0,1 No additional financial guarantees Repayment: max 15 years Special reinbursement clause in case of sale 7 years: cash flow + 8 years: fixed reimbursement 10 (19/05/2014)
3. RTDI funding VC Venture Capital Initiatives 11 (19/05/2014)
3. Internationalization of R&D results ITZ Objective: help SMEs to export their R&D results to international markets Promotion and protection in foreign markets of innovative technologies Consistent and well defined international plan that may include: IPR activites in international markets Consultancy services to support innovation and technology transfer Minimum elegible budget: 75.000 Non-refund rate: (5%)* Project duration: 6-24 months Reimbursement period: 10 years includes a grace period (2-3 years) Loans up to 75%, fixed interest rate: Euribor + 0,1% Advanced payments (*) Subject to availability 12 (19/05/2014)
4. Intl RTDI near-market programs Multilateral & Bilateral Programs Active policy: encouraging the participation in international programs Canadá India China Corea Japón Sudáfrica Objective: to foster effective technological cooperation between industry Market focused product with no predefined R&D topics or business area Bottom-up At least two enterprises from two different countries Balanced consortia, symmetrical-based collaboration Open call, excluding grants (Eurostars 2 per year) National funding: each country funds their entities 13 (19/05/2014)
4. Eureka & Eurostars important dates!! 14 (19/05/2014)
4. Eureka and Eurostars tourism projects a few key issues The specific potential market must be outlined correctly (eg. congress tourism, on-line tools for rural tourism, etc.). Business plan should be ambitious but also highly realistic. E-tourism market is huge with great competition. Must be identified. Marketing plan must be explained. Eg. If a DMO takes part in the project, replication strategy to other DMOs must be outlined. Give details on the marketing cost and funding plan. Focus must be set on the need of the project by end-users (tourists, retail, tourism industry) and not on the technology stateof-the-art. We need innovative business plans (as in H2020) 15 (19/05/2014)
4. Eureka and Eurostars tourism projects a few key issues Consortia: must include technology providers and content providers (DMO, tourism authorities, etc.) In projects that deal with big-data or data analytics, the entity that provides the data must be clearly established and if possible must be part of the consortium. SMEs: can face difficult access to markets. The proposal must explain their potential partnership plan with main stakeholders (main reservation portals, hotel groups, virtual operators, etc.) How will we compete with the big ones? (Google, Facebook, ) Try to justify how we will access markets with very tight profit rates (airline carriers, touroperators) and limited investment rates. 16 (19/05/2014)
4. Examples of projects funded in CDTI 15 enterprises and 19 research groups Reference model Hotel as hub of services Energy efficiency & sustainibility Intelligent interfaces Interior: materials, sensors, http://www.thofu.es/ 17 (19/05/2014)
4. Examples of projects funded in CDTI Augmented reality platforms for historical sites (R&D) B2C reservation portals (Neotec) Platforms for personalised and integrated tourism promotion and marketing (R&D) Digital contents for the tourism sector: location-awareness, clientawareness, provider-awareness (R&D) ICT virtual tool for navigation virtual tourism in urban areas (R&D) Accesible and inclusive tourism platforms (R&D) Projects involving social media technologies for experience gathering (pre and post trip), offer improvement, etc. (R&D) Digitalisation, digital preservation, online catalogues, etc. (R&D) All kinds of software for urban, rural accommodation (innovation) All kinds of management tools for tourism industry (innovation) 18 (19/05/2014)
THANKS! Javier Echávarri Delmás ICT Technical Officer at Directorate of Promotion and Cooperation Brussels, May 22 nd, 2014 19 (19/05/2014)