The project aims to facilitate the identification of public innovation needs, conduct market consultations to identify market capabilities and potential solutions, and help public buyers tap into the innovative capacity of SMEs. The project will enhance the capacity of Public Authorities to engage in cross-border PPI for circular solutions and establish a focal point for engagement between Europe’s leading innovation ecosystems and ambitious public authorities interested in leveraging cross- border PPI to accelerate the circular economy.

P5 Innobroker stands for “Public Private Partnership for Public Procurement" of Innovation within the Innobroker Model. It expresses the goal to further develop, accelerate, deploy, validate and demonstrate a self-sustainable EU-wide B2G Public Procurement of Innovation (PPI) brokerage service ecosystem-based business model and platform (Innobroker) for mobilizing and bringing together early adopter public buyers and leading-edge EU SMEs and start-ups as well as to pave the way for the implementation of an effective, collaborative/coordinated set of transnational SMEs/start-up-oriented PPI bids through a Public-Private Partnership PPI Facilitator Business Model (P5 Innovation Procurement broker).