What is PCP?
How does PCP work?
Competitive development in phases:
Encouraging the creation of growth and jobs in Europe:
Risk-benefit sharing under market conditions:
Separation from the deployment of commercial volumes of end-products / services:
Applied R&D / Pre-commercial Procurement (PCP)
Why is PCP beneficial?
Opening a route-to-the market for new market players
73.5% of PCP contracts are won by SMEs, 61.5% of total values of PCP contracts, more than twice the average in public procurement across Europe (29%)
Impact on stimulating cross-border company growth
33.1% of PCP contracts are awarded cross-border, 20 times more than the average in public procurement across Europe (1.7%)
Bringing research results to the market
30% of contracts have universities or research centres as partners in the winning consortia (often together with university start-ups)
Contribution to growth and jobs in Europe
Nearly all bidders (99.5%) are doing 100% of the R&D for the PCP contract in Europe
Steady business growth
~50% of all companies are already generating revenue from commercialising their PCP solution
Deployment of solutions by procurers from the project
Procurers from 55% of the completed PCPs have already deployed developed solutions