First, your application will be formally reviewed. Then, it will be assessed by an independent expert and according to defined criteria. The expert will get in touch with you for a short meeting. Finally, the Innovation Council of Innosuisse will decide whether to accept and decline your application and you will be notified. This process usually takes three to four weeks.
Criteria for evaluating your application
Applications are assessed based on the initial application requirements.
- Are all required information submitted and correct?
- Has the start-up already set up a business in Switzerland within the last five years or the last ten years in justified cases (e.g. time-intensive life science start-ups)?
- Does the start-up have a Swiss address and is there an intention to incorporate a company in Switzerland?
- Is the business model innovative and science based?
The developed solution and/or business model has to be considered a novelty on the market and can be associated with a scientific discipline.
- Is the product/service defendable?
The competitive advantage of a start-up is crucial to succeed. This can be a valuable IP (patent, trademark), specific know-how, or particular speed to market, etc.
- Does the product/service have high market potential?
Is there a demand for the developed solution with a high-enough realistic market size?
- Is the business model scalable?
A company can achieve strong and profitable growth in a short period of time if it has a repeatable, scalable business model.
- Is the team ambitious and fully committed to building the business and open to input?
Building a startup is very dynamic and requires a lot of time and effort. Therefore the start-up team must be fully committed and agile in the execution.
The Innosuisse Innovation Council decides on your application based on the information provided and assessments:
- Your application is approved
Innosuisse will inform you your application has been approved by email and also formally by letter. You start your coaching once approval is confirmed.
- Your application is rejected
Innosuisse will inform you of the negative decision by letter. The communication will explain why the application was not approved.
A rejected application can be revised at any time and submitted to Innosuisse as a new application, provided that the criteria that were not met have been changed. The newly submitted application will be re-evaluated according to the usual evaluation process.
Frequently asked questions
The Innosuisse coaching vouchers are limited for use with the coaching options offered and cannot be paid out.
Yes. The Initial Coaching is a starting point for the Innosuisse Start-up Coaching.
The application cannot be edited once it is submitted. Additional documents will not be considered for the evaluation after submission.
All Innosuisse coaches have a proven track record of their expertise. Further information on the individual coaches is provided in the Innosuisse online tool. Extensive interviewing is therefore not expedient. However, it is recommended you contact and briefly discuss the match with a specific coach. Innosuisse can support you with the selection if you are unsure.
The relationship between you and Innosuisse is a funding relationship. The associated rights and obligations are set out in the “decision” you will receive when your application has been approved. A "decision” is a legal term for the paper document that Innosuisse sends to the applicants. This document contains the decision as to whether an application for coaching was approved or rejected.
Your partnership with a coach is governed by a standardised contract, which is implemented in the IT tool and automatically becomes effective as soon as that coach decides to accept your invitation to work together. You will need to specify a portion of your budget to be assigned to each coach for their services. The budget amount is to be agreed between you and the relevant coach directly. If necessary, the budget can be amended at any time in the Innosuisse online tool by mutual agreement.
Under certain circumstances it is possible to change the lead coach. This matter should first be discussed with the lead coach and subsequently requested with Innosuisse by email (firstname.lastname@example.org).
Coaches are paid for their flexible coaching services on an hourly basis at a standard hourly rate. The whole payments process is managed directly and electronically in the Innosuisse online tool.
The voucher is managed solely via the Innosuisse online tool provided by Innosuisse. There you can see which coach(es) you are working with and how much of your budget you have left.
The Innosuisse coaching voucher is only valid for Innosuisse- accredited coaches and cannot be used for coaches outside of the programme.
You can complete the programme anytime but must finish within six months after initiating coaching. In order to complete the coaching programme you have to submit a specific evaluation report in the Innosuisse online tool for review. You can do this as soon as you are ready to answer the questions in the form but no later than six months of initiating the coaching.
No, the portion of the budget that has not be used cannot be paid out.
Last modification 04.05.2021