The overall goal of an Entrepreneurial TTX is to mobilize, challenge and train small teams of potential entrepreneurs in the CLEC space, thereby having a long-term perspective. Therefore, this TTX is solely devoted to the exploration and evaluation of market and business opportunities, for example for typical “start-up formation” scenarios and acquisition of investments in the longer term. The focus is on a critical and systematic evaluation and generation of sustainable business opportunities for new, possibly disruptive, actors in Europe’s digital technology markets.

A TTX team intends to bring itself towards a convincing business idea and to get “investor ready”. The TTX is a framework for describing a new technology-based business using a Business Model Canvas.

The expected Technology Readiness Level (TRL) may range of 2-4.

Details on the TTX concept: Guide for Applicants (page 3-5).

The TTX team comprises three distinguished team members:

• Principal investigator (PI): PI takes on the role of the Chief Technology Officer (CTO) and is a senior researcher associated with the research-based technology for the TTX. PI will be the formal TTX applicant of the TTX proposal, and officially employed at a legal entity (typically a university). PI will participate actively in the TTX, e.g. in the capacity as “door opener” for business contacts. Being the applicant, the legal entity will be the sole recipient of the financial support.

• Entrepreneurial lead (EL): EL takes on the role of the Chief Executive Officer (CEO) and is a person with the business interest and technical competence needed to investigate the commercial potential of the proposed innovation. EL is operationally responsible for leading the TTX through the entire process.

• Mentor (M): A business-oriented person experienced in taking research-based technologies to the marketplace. M will guide and track the progress according to the milestones set out for the TTX.

Specifications of the TTX team:

• The TTX team is mainly formed by one academic entity (typically a university) located in one EU member state of in a country associated to H2020. Nevertheless, both the establishment and the location are flexible, for example: all are from the same academic entity/university, or from different academic entities or from other organisations, and may be located in the same or in different countries.

• While EL and PI are often from the same academic institution, EL may also be employed at another organisation.

• M should ideally be recruited from a different EU country / country associated to H2020 to bring in a more global market experience and perspective. M may be a private person but may also be employed at a legal entity.

• Additional team members may be added if needed. The person(s) and the benefits for the TTX shall be justified in the TTX proposal.

TETRAMAX aims at fast‐track innovation in various ICT based application domains with European leadership and strategic importance, such as: automotive electronics, cloud computing, communication technologies, cybersecurity, HW/SW codesign, low-energy computing, and medical and health applications, etc. A high variety of competence fields for TTX can be found at: Guide for Applicants (page 6).

Proposal submission deadline: July 31, 2020, 23:59 CET
Evaluation completed: end of September 2020
TTX funding agreement completed: October 2020
Potential start of the TTX: November 2020 (or later)