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Support statistics

ACTPHAST measures its impact on European innovation across a broad range of metrics to ensure that it is making a real difference in how it allocates its financial and human resources. Some of the latest results for ACTPHAST's key performance indicators are provided here.

Job creation by ACTPHAST supported companies

Over 700 new EU jobs are expected to be created by ACTPHAST supported companies over the next five years as a result of their ACTPHAST innovation projects.

Here are just some of the supported companies that have been hiring new staff:

  • Company type

    Over 90% of supported companies are SMEs of various sizes

     

    Large-Scale Company
    Medium Enterprise
    Micro Enterprise
    Small Enterprise
  • Industry sector

    Nearly 1 in 2 of supported companies are "non-photonics" companies from a broad range of industry sectors (e.g. Medical, Transport, Consumer Goods, Industrial Manufacturing, etc.) who are applying photonocs as a Key Enabling Technology in innovative products and applications

    Photonics General
    Non-Photonics
  • First time EU-funded innovation

    Over 50% of companies have no previous experience in EU-funded projects before engaging with ACTPHAST

    Non first time EU-funded innovation
    First time EU-funded innovation
  • First time photonics innovation

    One third of supported companies have no previous experience innovating in photonics before coming to ACTPHAST

    Non first time photonics innovation
    First time photonics innovation

Number of innovation requests per technology platform

ACTPHAST is supporting companies with product innovation across the full spectrum of different photonics technologies

Financial contributions towards overall costs of the innovation projects

The average overall innovation project budget is 97k€. The average ACTPHAST subsidy towards an innovation project is 45k€.
Industry in cash
Industry in kind
Project partners
Cost for ACTPHAST

European dimension of the innovation projects

ACTPHAST is currently supporting companies with photonics innovation across 18 different European member states.