Innovation Procurement Strategy Award

Last updated: 16.7.2025
Prize

The Innovation Procurement Strategy Award is a European prize designed to recognise and celebrate excellence in innovation procurement across Europe. This initiative aims to stimulate demand for innovation, foster closer cooperation between buyers and suppliers, and support the commercialisation of groundbreaking innovative solutions, ultimately contributing to addressing key societal needs such as digital transformation and the European Green Deal priorities.

Who is Funded

The Innovation Procurement Strategy Award is open to public and private procurers, including international organisations, and individuals who are established in EU Member States or countries associated with Horizon Europe. The program's core objective is to recognize and promote innovation procurement practices that drive societal impact and foster collaboration.

What is Funded

This award specifically recognizes innovation procurement strategies and activities rather than funding new projects. It focuses on rewarding initiatives that promote public and innovation procurement and contribute to commercializing innovative solutions.

Type and Scope of Funding

The financial support provided through this program is in the form of a prize, acknowledging outstanding achievements in innovation procurement strategies.

Conditions and Requirements

Applicants must adhere to specific admissibility and eligibility criteria detailed in the rules of contest, ensuring compliance with the program's objectives and legal frameworks. The award emphasizes transformation, uptake, collaboration, and societal impact.

Application Procedure

The application process involves a single-stage submission, with evaluation by a jury based on defined award criteria. Detailed procedures and timelines are available in the official rules of contest.

The Innovation Procurement Strategy Award is founded on the European Innovation Council (EIC) Work Programme, a component of the broader Horizon Europe initiative. Its operations are further governed by various EU regulations and guidelines, ensuring transparency and compliance.

Similar Programs

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Funding Overview

Funding Status

Funding Status:

Closed

Maximum Amount

Maximum Amount:

300,000 €

Allocated Budget

Allocated Budget:

Annual Budget: 300,000 € (for the specific prize ID in 2021)

Deadline

Deadline:

29.07.2021

Award Channel

Award Channel:

Prizes And Competitions

Region

Region:

EU Member State (including overseas countries and territories (OCTs)) and Associated Countries to Horizon Europe.

Sectors

Sectors:

Research and Development, Other

Beneficiaries

Beneficiaries:

Public and private procurers, Public and private sectors

Application Type

Application Type:

Single Applicant

Funding Stages

Funding Stages:

Other

Funding Provider

Program Level:

European Union

Funding Body:

European Commission

Managed By:

European Innovation Council and SMEs Executive Agency (EISMEA)

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