Pursuant to Article 27 of the Law on Innovation Activity (“Official Gazette of the Republic of Macedonia” No. 79/13, 137/13, 41/14, 44/15, 6/16, 53/16, 190/16 and 64 / 18), the Corporate Innovation Program arch. no. 01-933/7 dated 22.02.2021 and the Rules for allocating funds by organizing challenges for investing in the realization and placement of market-oriented innovations of newly established trade companies arch. no. 01-933 / 6 from 22.02.2021, the Fund for Innovation and Technological Development on 22.04.2021, announces the public call for the challenge:
Cooperation between the corporate sector and start-ups is key to fostering a culture of innovation in the country. Such cooperation, among others, contributes to increasing the participation of the corporate sector in the development of the start-up ecosystem and to increasing the level of sustainability of start-ups. For start-ups, working with a large company can often be a turning point in their development, and for companies in the corporate sector, it can mean finding new approaches to specific business problems as well as seizing new opportunities.
Our country is known for quality domestic production. However, many small domestic producers face a lack of opportunities to reach as many customers as possible and thus increase their market share. With this public call we provide an opportunity for the small producers, who produce at home, to prove that they know and can cope with the challenges they face, especially in the conditions of Covid-19.
The“Start-up Heroes''challenge shall be implemented in cooperation with TINEX MT DOOEL as a corporate partner of the Fund. It is based on the proposal-initiative and the readiness of Tinex MT DOOEL to contribute to the promotion of the development of small producers by opening the possibility for placement of their innovative products in one of the largest retail chains in the country.
The“Start-up Heroes''challenge is intended for all innovative domestic producers who with a lot of courage and effort have turned their idea into a product for which there is a potential for placement and success in the market. As part of the challenge, they shall be able to implement activities that will prepare their product for successful entry into retail throughout the territory. After the successful and timely completion of the process of preparation of products for market placement, all awarded products within this challenge shall be places on specially marked shelves at predefined sales locations of Tinex MT DOOEL.
Besides Tinex MT DOOEL, the list of partners for this challenge includes:
Increasing Market Employability (IME) Programme of the Swiss Agency for Development and Cooperation and the FD Factor Trust.
IME’s support shall be directed to the Fund beneficiaries selected for this challenge.
IME shall participate in the total budget for the challenge with funds in amount of 1 (one) million denars. In addition, IME shall provide mentoring support for selected start-ups in their better preparation to be successful suppliers to the supermarket chain, expert advice on finalizing and increasing the attractiveness of their products using neuromarketing and marketing support in organizing a promotional event to present selected products and initial analysis of consumer opinion of products. The conclusion of agreements of the beneficiaries with IME shall follow after the conclusion of the agreements with the Fund.
FD Factor Trust is a financial factoring company that provides financial products for financing trade transactions. As a partner in the “Start-up Heroes” challenge, Factor Trust shall contribute to supporting the development of small producers by offering financial instruments to ensure their liquidity and an uninterrupted operating cycle.
The purpose of the challenge is to promote innovation and competitiveness by establishing a partnership between small producers and company in the corporate sector and to provide easier market access for small newly established companies.
The total budget for the challenge is 7 7 million denarswith a maximum amount per application of 600,000 ((six hundred thousand) denarsThe full amount of funds is provided by FITD.
The payment of the funds shall take place as follows: 80% in advance, after signing the agreement, and the remaining 20% shall be paid after the approval of the report for the realized project.
If there are not enough quality project proposals or the conditions for financing are not met, the Fund reserves the right not to award funds.
Ineligible for funding shall be deemed all project proposals in the following areas:
a) support to any activity that is included in the above-mentioned sectors from line 2, 3 and 4 of this Article
b) online gambling and online casinos and/or
d) natural-scientific research, development or technical applications relating to human cloning for research or for therapeutic purposes; and/or for genetically modified organisms (GMOs).
The abovementioned list of activities is not limiting. Categories of products eligible for funding
Only the costs incurred during the project in accordance with the approved project budget and realized by the end of the project shall be eligible for funding. The costs provided in the project budget should correspond to the activities provided for its implementation.
Фондот го задржува правото да преговара со победниците по однос на дефинирање на активностите и буџетот на проектот на основа на препораки добиени од Комисијата за оценување и избор (во натамошниот текст: Комисијата), а пред потпишување на Договорот за доделување на награда.
In case the project is based on existing intellectual property rights, the Competitor shall be obliged, before signing the Award Granting Contract, to submit proof of the right to use the intellectual property in the form of a licensing agreement, in-kind contribution agreements, or other type of agreement confirming that the Competitor has the right to use the intellectual property on which the project results are based.
The Fund is not liable for intellectual property rights disputes between the Beneficiary and third parties.
All intellectual property rights and know-how that will be created during the implementation of the Project and / or as a result of the implementation of the Project belong to the Beneficiary and if applicable, the Beneficiary should protect the intellectual property rights.
The implementation of the project can last for a maximum of 4 (four) months.
The Fund may, based on justified circumstances, approve extensions of the project implementation for additional 1 (one) month based on a request submitted by the Beneficiary.
The Commission works on the basis of the Rules of Procedure of the Evaluation and Selection Commission which is adopted at the first meeting of the Commission.
NOTE: Upon request of the members of the Committee, the Fund shall have the right to hire experts who shall give an expert opinion on certain applications, appropriate to the area of their expertise. In such a case, the expert opinion shall be taken into account by the members of the Committee when evaluating the application.
The process, from the receipt of the received applications to the selection and making the final decision for selection and allocation of funds to the beneficiary/ies, consists of several steps:
The main criteria and sub-criteria for project evaluation are given in the Evaluation Table form.
When applying, the following documents must be submitted:
The entire documentation should be submitted in Macedonian. The project documentation shall be compulsorily submitted using the forms prepared by the Fund. Project documentation shall be submitted online via the following link: www.fitr.mk/startapheroi by clicking the button. "Apply".
The deadline for applying for the public call is until 25.05.2021, 14:00. Only those project proposals that have been submitted in the above manner and within the given deadline shall be considered for funding.
The rules and procedures for implementation, monitoring and supervision of the project are defined in Правилата за доделување на финансиски средства преку организирање на предизвици за вложување во реализација и пласман на пазарно ориентирани иновации на новоосновани трговски друштва.
For any additional information you can:
In order to assist you in preparing project proposals, the Fund shall organize info-events where partner organizations shall share information on key areas for which solutions are sought; free technical assistance from experts; and mentoring workshops during the call.
Information on these activities shall be published in a timely manner on the Fund's website as well as on the Fund's official profiles on social networks (Facebook, Twitter and Instagram).