Advantages of Innovation Impact Challenges for entrepreneurs

The advantages

• Securing an R&D contract from the government helps entrepreneurs when positioning themselves regarding their financiers. Innovation Impact Challenge awards contracts to entrepreneurs, and turnover is then generated on this basis.
• Innovation Impact Challenges give entrepreneurs direction and create new markets over time. Putting together an Innovation Impact Challenge is well suited for business operations. An Innovation Impact Challenge is a contract with a client that comes with a result obligation, and that is why it is given high priority.
• The government makes every effort to create the right conditions to ensure the success of the project. For instance, we arrange for matchmaking with other companies or help to solve non-technical issues, such as regulations or certification.
• Innovation Impact Challenges speed up the time-to-market and helps to get the financing required for the riskiest phases of an innovation.
• Innovation Impact Challenges offer the opportunity to work together with other entrepreneurs and research institutions.
• Innovation Impact Challenge takes smaller companies into account thanks to the short lead times and phasing of projects.
• With an Innovation Impact Challenge, entrepreneurs can develop innovations that match government agencies’ demands. This improves the likelihood of the innovations being bought. The government can procure the innovation as the first customer (‘launching customer’)The entrepreneur keeps the intellectual property rights. This may not always be the case, depending on the circumstances. Read more about intellectual property.
   

On the page Submitting tenders you will find the ‘Manual for entrepreneurs’ (in Dutch), which includes information on the tendering process.

Innovation Impact Challenges are subject to the General Government Terms and Conditions for Public Service Contracts (in Dutch: Algemene Rijksinkoopvoorwaarden voor diensten, ARVODI).