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The 'go-inno' program by the German Federal Ministry for Economic Affairs and Climate Action (BMWK) aims to enhance the innovation capabilities of small and medium-sized enterprises (SMEs). With the increasing need for innovative products and technical process innovations to remain competitive, go-inno provides direct support to SMEs through subsidized external consulting services. The goal is to support approximately 110,000 SMEs per year in bringing new products or processes to the market, thereby contributing significantly to economic growth.
The program provides Innovation Vouchers, which cover 50% of the costs for consulting services conducted by authorized consulting firms. The two-stage consulting model includes a potential analysis and the development of an implementation concept.
In Stage 1, the potential analysis covers:
- Strengths and weaknesses profile of the company related to the innovation project
- Market feasibility assessment
- Estimated capacity needs
- Financing plan, including integration of public funding sources
- Success likelihood assessment
Stage 2, the implementation concept, includes:
- Technological evaluation based on market insights
- Identification of suitable external technology providers
- Detailed implementation roadmap
- Facilitation of cooperation with technology providers
- Inclusion of public funding opportunities
- Support with meetings involving banks or venture capital firms
- Innovation workshops
- Capacity-building for innovation management
The program is specifically tailored for SMEs lacking internal know-how on managing innovation projects and aims to foster sustainable competitiveness, market expansion, and customer acquisition.
Expected Outcome
• Improved innovation management in SMEs
• Increased number of market-ready innovations
• Strengthened competitiveness and market positioning
• Access to expert knowledge and external consulting
• Enhanced use of public funding instruments
• Better prepared SMEs for scaling and product launch
• Identification of suitable technologies and partners
• Development of realistic implementation roadmaps
• Greater access to financing options
• Broader adoption of innovative products and processes
Scope
• Support for SMEs to develop product and process innovations
• Subsidized external consulting services by BMWK-authorized firms
• Two-stage model: Potential analysis and implementation concept
• Strengths and weaknesses profiling of innovation potential
• Inclusion of public funding sources for implementation
• Promotion of innovation management within companies
• Facilitation of cooperation with technology providers
• Market and technology evaluation support
• Financial planning and success estimation
• Support during financing discussions with banks or investors
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