Tag ‘Anchoring economic growth in the Tees Valley’
Ready to meet the next set of shortlisted EEPA 2018 projects? Today it is time to introduce the projects in Category 3: Improving the Business Environment. This year the competing projects come from Romania, Spain and the United Kingdom. Don’t forget to read about the shortlisted projects in Category 1: Promoting the Entrepreneurial Spirit and Category 2: Investing in entrepreneurial skills.
Romania: Start up Nation Romania
This programme encourages the establishment and development of SMEs, and seeks to improve their economic performances, create new jobs and insert into the labour market disadvantaged persons, the long term unemployed and graduates. The programme has overseen increased investment in new innovative technologies, and as a result 21 000 new jobs have been created, of which more than 16 000 were for disadvantaged people. The programme has also facilitated SME access to finance, and introduced electronic automation systems for business plan registration and company founding. The project activities also stimulated new trade register registrations, which increased by 28.98% in 2017.
Spain: Open Innovation 4.0.
This public-private cooperation programme aims to improve the business environment of Asturias by: Strengthening business leadership through technology; Acceleration and growth of start-ups; Reinforcement of business cooperation; Encouraging the open innovation concept; and Attracting investment. Selected start-ups join a 4.0 acceleration programme featuring both group and individual tutorials with sector experts. As well as obtaining initial funding to prepare joint proposals, they have access to specific funding for Open Innovation to implement collaborative projects. To date, 123 ideas and solutions have been presented with 14 going on to form companies that implement technical solutions.
United Kingdom: Anchoring economic growth in the Tees Valley
This project has achieved significant results in helping the Tees Valley region overcome the loss of key industries. Working closely with public and private partners, particularly Tees Valley Combined Authority, the project, coordinated by Teeside University, has delivered targeted support that has seeded new enterprises and helped existing businesses in the Tees Valley to tackle the barriers to economic growth. The targeted support has been supplemented by University provided expertise and talent, particularly in the areas of adopting digital technologies and innovation. Project results include 1446 university-business projects, growth of a technology business cluster and a stronger entrepreneurial culture.
Keep coming back to the Portal to meet all of the shortlisted projects and don’t forget to follow all the updates to find out who wins in Graz this November.
EEPA – The European Enterprise Promotion Awards, recognises outstanding projects from across Europe that are working to support entrepreneurs and small businesses across six different categories.