Involving Finances (EU)

The consultants of Invent Baltics Ltd demonstrate excellent track record in preparing international research and technology development projects and setting up consortia. We have successfully prepared more than 50 international research and development (R&D) projects under the Seventh Framework Programme (FP7), Horizon 2020 and EUREKA Eurostars programme.

With the assistance of Invent Baltics European research organisations and enterprises have had access to additional funds in the total amount of 60 million euros to finance their R&D activities. Altogether we have counselled enterprises, universities and research organisations in more than 14 European countries. We have helped many European top universities and research centres, such as Aalto University (Finland), Technische Universität Graz (Austria), Royal Institute of Technology (Sweden), etc., to prepare successful projects into a wide array of FP7 calls.

The consultants of Invent Baltics will help you in all phases of project preparation, starting from idea assessment/evaluation and choosing the best-suiting support programme.

Our consultants will guide you throughout the whole project preparation process and assist in:

  • Project idea formulation
  • Defining the consortium structure and finding suitable partners
  • Putting together the work plan
  • Assessing the project’s economic impact
  • Defining the project’s management structure
  • Intellectual property (IP) questions, including intellectual property strategy definition and preparation of the consortium agreement
  • Project budgeting
  • Project administrative coordination, management and submission in the specific online submission system

Before starting preparations for an FP7 proposal, it is necessary to understand the set-up of the programme and requirements for applicants, and, drawing on them, analyse whether the concrete programme suits the development goals of the client.

The Framework Programme enables:

  • Participation in wide-scale R&D projects that advance considerably the state-of-the-art in the field, with the overall objective to lead to marketable solutions in a 5-6 year perspective. The projects are executed in pan-European consortia (with an average of 6-8 partners). The partner structure usually involves R&D performing organisations, technology providers as well as end users of the developed solution – testing and validation partners.
  • Participation in the development of novel products/services as providers of R&D outsourcing. The FP7 financial measure “Research for the benefit of SMEs” promotes cooperation between European enterprises and research institutions to reassure the participants’ competitive advantage via R&D outsourcing. The SMEs define the existing technological bottleneck(s) and thereby realise close-to-market projects together with R&D institutions.
  • Involvement of European researchers in an R&D organisation’s activities with the support of the European Commission – effectuated through personnel exchange, which helps to build a strong collaboration network with European research centres and companies.


For more information please contact:

Senior Consultant Silver Toomla
Mobile: +372 5171 781