The European Commission has added the 9 CROSSBOW products to the league of high-potential EU-funded innovations featured in the EU Innovation Radar under the Innovation Topic: Smart & Sustainable Society.
CROSSBOW products make part of the many great EU-funded innovations identified by the Innovation Radar – and the innovators behind them. Read the press release here.
CROSSBOW Regional Operation Centre Balancing Cockpit (ROC-BC)
Market maturity: Exploring
Innovation Topic: Smart & Sustainable Society
What is the EU Innovation Radar about?
The EU Innovation Radar is a European Commission initiative to identify high potential innovations and innovators in EU-funded research and innovation projects.
Its goal is to allow every citizen, public official, professional and business person to discover the outputs of EU innovation funding and give them a chance to seek out innovators.
The Innovation Radar platform builds on the information and data gathered by independent experts involved in reviewing ongoing projects funded by the EU (under Horizon 2020, Framework Programme 7 (FP7) or the Competitiveness and Innovation Programme (CIP)). These experts also provided an independent view regarding the innovations in the projects and their market potential (more information about the Innovation Radar methodology is available here).
Innovation Radar is supported by Dealflow.eu which delivers support to high potential innovators identified by Innovation Radar.
In recent years many great EU-funded innovations identified by the Innovation Radar – and the innovators behind them – have been championed as part of the Innovation Radar prize scheme. Read more about this prize scheme here.
Innovation Radar methodology
Data underpinning the Innovation Radar stem from a survey developed by the Directorate General for Communications Networks, Content and Technology (CONNECT) and the Joint Research Centre (JRC) of the European Commission. This survey is conducted during periodic reviews of collaborative projects funded through European Union (framework) programmes like Horizon 2020.
Survey results are used to calculate two core indicators which are the basis for classification in 4 different maturity levels.
To capture the different maturity levels of innovations towards commercialisation, four innovation categories have been created based on respective scores of the Innovation Management and Innovation Readiness Indicators: Market ready, Tech Ready, Business ready, and Exploring.