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#InvestEU – The innovation of Europe

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#InvestEU represents some of the incredible initiatives and innovative projects that the European Union (EU) is supporting. To find out about what #InvestEU is and what kinds of projects it covers, read the previous Promoting Enterprise articleBut what about some concrete examples about where this funding is going? What kind of innovation is going on in Europe? Promoting Enterprise has selected a few projects to highlight from across different sectors:

Support for research start-ups, France

Quadrivium 1 is a €56.1 million seed fund launched in 2013 by French venture capital firm Seventure Partners. It supports high-potential start-ups in the life science – including bio, health and clean technology – and digital and robotic technology sectors. The aim of this project is to give startups extra support in the early stages so that their potential innovations are not lost due to financial issues, it also helps these startups gain recognition which is very useful when they are starting out.

Villach vocational school, Austria

Villach vocational school in Carinthia, Austria gives professional support to young people who have finished school but aren’t ready to take the next step. The aim of the school is to give youth aged from 21-24 additional support to develop core skills needed for the labour market. From traditional training in writing and arithmetic, to building of new media skills, the school provides opportunities to pursue a variety of vocational paths. Since early 2011, more than 220 people have completed its comprehensive support programme. The school is backed by the EU and Carinthia’s Social Ministry Service.

Jennewein: a biotech leader, Germany

12 years after founding Jennewein Biotechnologie in Rheinbreitbach, Germany, Managing Director Stefan Jennewein has reached a defining moment. His company is a leader in its field and with help from an EU-backed loan, it is expanding production, allowing it to safeguard jobs. This once small start-up aims to make the production of  monosaccharides and oligosaccharides, in particular sugar molecules, easy and cost effective. This in turn will allow for further research into the health benefits of these sugars and potential product development.

Smart beekeeping systems, Bulgaria

Bees play a huge role in maintaining the balance of nature. Food production, biodiversity and environmental sustainability all depend on them. EU funding has helped Bulgarian company Bee Smart Technologies to develop a remote digital diagnostic and monitoring system for beekeeping. This enables beekeepers to breed more and healthier bees.

Follow the links to find out more about these projects and be sure to visit the Follow the links to find out more about these projects and be sure to visit the #InvestEU page and browse through all the other projects!

SME Week Newsletter 2017: Issue #4

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Welcome to the summer edition of the European SME Week newsletter,

The European deadline for EEPA 2017 has passed and the wait for the shortlist announcement has begun! Be sure to have a look at the Promoting Enterprise News Portal during summer to find out about the national winners that will be competing for places on the 2017 shortlist…

The Youth Essay Competition is open and we are accepting submissions until 8 September 2017. Look here for more information on how to apply and get writing! Not sure how to start? Have a look at last year’s winning essay and the three finalists for some inspiration on the portal.

The Promoting Enterprise News Portal is packed full of other interesting content to read over the summer. Interested in EU investments? Trends in startup culture? Digital innovation? The portal has something for everybody so be sure to go and have a read through the articles! We will continue to bring you information, including the latest on the EEPA 2017 selection and other exciting updates.

We wish you a lovely summer!

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#InvestEU – Find about European funded initiatives

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What does the European Union (EU) invest in? What projects do they support? The EU is here to help support great ideas and give everybody a chance to get ahead and to give innovative European ideas a chance. Through different funding schemes the EU is able to invest in projects across the spectrum, from those that are investigating cleaner sources of energy, to those that aim to provide cutting edge healthcare.

In order to invest in such a diverse range of initiatives, the EU has a comprehensive Investment Plan. The investment plan focuses on removing obstacles to investment, providing visibility and technical assistance to investment projects and making smarter use of new and existing financial resources. To achieve these goals, the plan is active in three areas:

  •         mobilising investments of at least €315 billion in three years;
  •         supporting investment in the real economy;
  •         creating an investment friendly environment.

The Investment Plan provides background and context, but where does this investment go? On the InvestEU website, there are many different project stories to browse through, which highlight some of the innovative European projects that are being funded. In upcoming posts, Promoting Enterprise will be highlighting some of the projects from across the Member States and from different sectors.

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    • #InvestEU – The innovation of Europe July 20, 2017
      #InvestEU represents some of the incredible initiatives and innovative projects that the European Union (EU) is supporting. To find out about what #InvestEU is and what kinds of projects it covers, read the previous Promoting Enterprise article. But what about some concrete examples about where this funding is going? What kind of innovation is going on […]
      promotingenterprise
    • The countdown for the #EEPA2017 shortlist begins July 18, 2017
      The entry deadline for the European level of the EEPA competition closed on 3 July 2017. The entries are now being checked and prepared for evaluation by the Jury. In 2017 305 National EEPA entries were received from 32 participating countries. 56 projects were then selected by the National Co-ordinators as the best of the […]
      promotingenterprise
    • SME Week Newsletter 2017: Issue #4 July 13, 2017
      Welcome to the summer edition of the European SME Week newsletter, The European deadline for EEPA 2017 has passed and the wait for the shortlist announcement has begun! Be sure to have a look at the Promoting Enterprise News Portal during summer to find out about the national winners that will be competing for places on the 2017 shortlist… […]
      promotingenterprise
    • The future of innovation and enterprise – What can we expect? July 11, 2017
      Tue David Bak, director of Innovation and Growth for Region Zealand in Denmark, is back for a final interview with Promoting Enterprise. Today the subject is the future, what does it hold for innovation and enterprise? What can we expect? What are the trends telling us? Read on to find out… What trends do you […]
      promotingenterprise
    • #InvestEU – Find about European funded initiatives July 6, 2017
      What does the European Union (EU) invest in? What projects do they support? The EU is here to help support great ideas and give everybody a chance to get ahead and to give innovative European ideas a chance. Through different funding schemes the EU is able to invest in projects across the spectrum, from those […]
      promotingenterprise
    • Startup Culture – Tue David Bak shares his insights and predictions July 4, 2017
      Promoting Enterprise is proud to welcome back Tue David Bak, director of Innovation and Growth for Region Zealand in Denmark. In his second interview with us, Tue sheds some light on startups, accelerators and incubators in Region Zealand and Denmark, current trends and the regional influences on startup culture. Do you have many accelerators and […]
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    • Innovation – What is it and how can it be fostered? June 29, 2017
      Today on Promoting Enterprise we are joined by Tue David Bak, director of Innovation and Growth for Region Zealand in Denmark. In the first of a series of interviews, he shares with us his experiences in identifying innovation and creating innovative environments. How is innovation fostered in your region? Firstly, we must identify how innovation […]
      promotingenterprise
    • European Innovation Scoreboard June 27, 2017
      Ever wondered how innovative your country is? What about in comparison to its neighbours or overall in the region? The European Innovation Scoreboard is a European Commission initiative that provides a comparative analysis of innovation performance in EU countries, other European countries, and regional neighbours. It assesses relative strengths and weaknesses of national innovation systems […]
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    • Coworking spaces – the new workplace norm? June 22, 2017
      As the concept of employee and place of work begins to change and become more fluid, there has been a global rise of ‘coworking spaces’, which serve as transient spaces where individuals and companies can work alongside a variety of professionals. Whilst these spaces provide flexible physical locations without traditional constraints, do they actually work? […]
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    • E-Estonia: The European digital success story June 20, 2017
      As the SME Assembly 2017 approaches, along with the beginning of the Estonian presidency, Promoting Enterprise has decided to briefly explore how this Member State rose to be the digital pioneer of Europe. After gaining independence in 1994, the Republic of Estonia was a small state with a small population and few resources. It was […]
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