Introduction
Innovation approach
The term “European paradox” was first used by European Commission to define the European phenomenon of having good higher education systems, good research infrastructure and results but failing to translate this into marketable innovations.
European private R&D&I spending: while out of the top R&D spender companies 30 % are of European origin, out of the top 10 most innovative companies there aren’t any European.
Funding sources available
At the same time in 2014 the European Commission launched Horizon2020, which is the world’s largest funding programme for research and innovation, amounting to close to € 80 billion. In Europe funds amounting to € 350 billion are available to support structural reforms, social development and cohesion of the European Union member states. So, these are good news: there is funding in Europe for innovation.
We believe the main question is how this money is used. We share the opinion of Steve Jobs:
“It’s not about money. It’s about the people you have,
how you’re led, and how much you get it.”
Europe is lagging behind in digital transformation, which is a primary source of innovation. Digital transformation means the overarching impact of digital technologies on all industries and on the innovation process.
Several concepts have been developed and several initiatives implemented to cure this but European companies can still not make to the top 10 worldwide.
Less than 2 % of European SMEs take full advantage of the digital technologies.
Our objective is to change this, to improve how European public and private funds are used to generate innovation. We want to dynamize innovation ecosystems.
How we boost European Innovation?
Who we are?

We are a cross-disciplinary and cross-national team of professionally qualified consultants, with research and consultancy expertise in management, technology and European funding. Our senior experts have 15+ years of international experience.
Our qualified innovation management consultant colleague provides the IMP3rove (IMProving Innovation Management Performance with sustainable IMPact) methodology-based International Innovation Management Consulting services.
Our credo: traditional values – modern approaches
Our services
Our references
Jobs
Contact us
Company information
Name of company: Innomine Group Ltd.
Registered seat: 1031 Budapest, Záhony utca 7 (Graphisoft Park)
Registration number: 01-09-942135
Tax number: 22756163-2-41
Managing director: Gábor Vicze
Phone number: +36 30 198 2838
Email: info@innomine.com