VLAIO stimulates innovation in Flanders and finances R&D activities carried out by and/or for Flanders-based companies. The support agency aims to stimulate innovation at companies using two main support instruments for:
- research projects – focusing on knowledge building that can lead to important changes within the company in the long haul;
- development projects – for innovative ideas (such as new or improved products, processes or services) that can change and enhance a company in the short term.
In addition, companies envisaging an innovative project where the feasibility is not yet sufficiently clear can request support for an R&D feasibility study. This study constitutes the preparation for follow-up support through, for instance, a research or development project subsidy. The funding rate is 40 to 50% (max. EUR 50,000).