Every third innovation promoted by Innosuisse represents a novelty on the world market
Studies by Innosuisse show that the funding used quickly benefits the Swiss economy and the implementation of projects in the market creates promising new jobs.
Innosuisse, the Swiss Agency for the Promotion of Innovation, aims with its funding to strengthen Switzerland’s long-term competitiveness and economic strength and thus make a direct contribution to positive economic, social and ecological development.
The promotion agency Innosuisse has a positive balance sheet
High demand for new Innosuisse promotion initiatives
Eleonora Bafunno: <The “democratic” piano is reality>
With the results of impact monitoring, the benefits of innovation promotion can be demonstrated with concrete figures and development can be tracked over time in the future. The results demonstrate the multiple effects of innovation promotion:
Economic value creation in companies
Over a three-year period, one franc invested in innovation projects leads to an added value creation (e.g. increase in employment, growth in turnover) of 5.10 francs for companies. The 364 projects completed in 2018 created 1080 jobs.
Radical and disruptive innovations in Switzerland
Innosuisse supports innovation projects that have high economic potential but would otherwise not have been implemented due to high risks. About half of the projects supported pursue radical or disruptive innovations. Every third innovation supported by Innosuisse represents a novelty on the world market.
Supporting long-term cooperation
Innosuisse project funding strengthens knowledge and technology transfer between universities and companies. Collaborations often remain long-term: Nearly half of the companies are still working with their research partner three years after project completion.
Developing digital solutions
The ongoing digital transformation is a powerful driver of innovation. Many companies are using digitization in their innovation projects to create completely new and innovative business models as part of their process, product or service innovations. 55% of projects completed in 2021 involve digital solutions.
VALUTAZIONE DELL’IMPATTO (italiano)
Source: https://www.innosuisse.ch Swiss Agency for the Promotion of Innovation