Smart Industrial innovation as enabler to drive new value chains for textiles and aerospace

ended

GALACTICA aims to bring Europe to the forefront of textile and aerospace GALACTICA aims to support the creation of new industrial value chains around textile and aerospace based on advanced manufacturing across EU to throttle growth and employment of the future by the development of long-term internationally competitive goods and services that require combining different competences and innovative solutions. This way, GALACTICA will empower Industrial intelligent systems or Industrial Internet of Things as part of the strategic alignment with President Juncker priorities on strategic emerging value chains for Europe towards 2030 as outcome of the High-level industrial roundtable. GALACTICA’s strategy is: 1. Cultivation within an open collaboration space focused on supporting SMEs to change the mindset about digitalization and empower them to start partnerships. 2. A set of dedicated grants complemented with coaching to assess the feasibility and small technical tests aimed at minimum viable products of a new value chain. 3. Large scale demo of the new value chain with dedicated grant for SME consortia with coaching and technological support. 4. Scale-up support to leverage additional funds. GALACTICA will connect successful SMEs with private investors and other initiatives for scaling up the innovations. In total, 4M€ (79% of budget) will be dedicated to SMEs through diverse vouchers to support technological innovation and value chain creation. New value chains will find synergies with RIS3 policies through partners’ active participation in different S3 Thematic platforms on industrial modernization and S3 Vanguard Initiative pilots (3DP, ESM and RegioTex). GALACTICA partnership will allow to reach directly (as cluster members) 1.400 SMEs, 170 large companies and over 200 research facilities across 8 EU-countries, and indirectly over 7.000 SMEs across 38+ countries though EU-wide networks and European Strategic Cluster Partnerships.