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Tag ‘Open Innovation 4.0.’

EEPA 2020 Testimonial – BIND 4.0 – Basque Industry 4.0 Accelerator Program

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We are back with another European Enterprise Promotion Awards (EEPA) winner testimonial! Last time we brought you the story of our ‘Investing in Entrepreneurial Skills’ winner – Merkuur Mobile Workshops from Estonia. If you haven’t read it yet, make sure you do!

This week we are in the Basque Country to meet our ‘Improving the Business Environment’ winner BIND 4.0, a public-private acceleration programme specialising in promoting Industry 4.0 projects. BIND 4.0 is targeted at technological start-ups with 4.0 solutions in the fields of advanced manufacturing, energy, health and food. The programme has been set up as an open innovation platform, where start-ups from all over the world and large industrial companies established in the Basque Country interact in an agile way to develop innovative high-impact projects. The start-ups receive intensive support and benefit from activities aimed at accelerating their development and immersion in the Basque industrial ecosystem.

How did you first hear about the national competition and why did you decide to enter?

The EEPA are well known throughout Europe for recognising initiatives that improve business at the local, regional or national levels. BIND 4.0 offers something valuable to all parties involved in our programme and our main goals are to increase talent, innovation and competition in our region. We decided to apply and see how we compare to the other incredible initiatives focused on start-ups and business development, and we are quite pleased with the results.

How did you prepare your application?

Our main goal is to contribute to improving the society in which we live through innovation and technology, so we felt our objectives were in line with those of the EEPA. We filled out the application by detailing the impact that BIND 4.0 has had on the industrial and entrepreneurial ecosystem. We explained how our programme is symbiotic; there are benefits for technology start-ups, for the local economy and for established companies looking to collaborate on pilot projects.

What was it like to win the award?

It is a great honour for BIND 4.0 to receive this award from among 13 other stellar candidates throughout Europe. The EEPA is an official recognition of our on-going commitment to business development through the acceleration of start-ups, and of the collaboration between public institutions and private companies. We are thrilled to be acknowledged, at the European level, for our efforts over the last five years.

How did winning the award impact your work?

This award is a source of pride, for consistently accomplishing our goal to promote entrepreneurship and innovation. Since our inception, we’ve accelerated over 100 start-ups and facilitated the development of more than 170 Industry 4.0 projects. This award provides additional validity to our international initiative so we can continue to attract talent to the Basque region and promote collaboration between young start-ups and large corporations.

Why should others enter EEPA? What advice would you give them?

If you would like to see how your programme and efforts measure up against the other programmes being implemented throughout Europe, we recommend applying. The EEPA is a great way to stay informed about impactful programmes, ground-breaking initiatives and the benchmark models in the marketplace.

What are your plans for the future?

The BIND 4.0 Team is currently preparing for the fifth edition of the programme that begins in January 2021. We are also organising a new edition for the post-COVID climate, so we have redesigned the programme to continue supporting start-ups in an online format. The Basque Country is one of the strongest industrial ecosystems in Europe and this award helps enforce the impact BIND 4.0 continues to make toward innovation in entrepreneurship.

We have a positive outlook for the year ahead, as we offer a bridge between flexible, innovative start-ups and proficient, forward-thinking corporates. The COVID pandemic brought numerous significant changes, from establishing remote working conditions to creating new safety measures; we saw innovation in so many new areas. The health and technology innovations this year have been inspiring and are an indication of the direction on which all businesses will need to focus in the year ahead. We feel BIND 4.0 is in the best position to help connect start-ups and corporations and turn innovation into action. 

Congratulations to BIND 4.0! Re-live their winning moment and make sure to keep up with their work and future innovations on their website.

You can also catch up with the SME Assembly 2020 highlights:

EEPA 2018 Testimonial: Industry 4.0 – “Improving the Business Environment” Winner 2018

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Another project, another story! Today EEPA 2018 winner Open Innovation 4.0., shares what brought them to the winner’s stage at the European Enterprise Promotion Awards 2018 and their advice for 2019 competitors. TheOpen Innovation 4.0. project from Spain won the Improving the Business Environment category in 2018 for their 4.0 acceleration programme that gave selected start-ups the opportunity to 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, selected start-ups also have access to specific funding for Open Innovation to implement collaborative projects.

How did you first hear about the national competition and why did you decide to enter?

The national EEPA competition has always been on our radar, and we have been aware of EEPA for a while due to close links with both our national authority and the Directorate General for Internal Market, Industry, Entrepreneurship and SMEs. As such, we knew that in order for our application to be strong we need to include and clearly state our focus, approach, innovation, transferability, sustainability and impact. We believed that Open Innovation 4.0 had these elements so we prepared our application.

How did you prepare your application?

Once we had taken the decision to apply, the process was easy. All of the rules, instructions and the general process were very clear and we received answers to all our questions. We also really benefited from receiving a lot of information on past EEPA editions.

What was it like to win the award?

Winning the award represented recognition of our firm commitment to promote modernisation through digitalisation, as well as recognition of the work of both the IDEPA staff and the European Business and Innovation Centre (CEEI Asturias), both of which invested a lot of effort and enthusiasm in developing the Open Innovation 4.0 programme.

How did winning the award impact your work?

Receiving the award has given us great visibility. The regional press picked up our story and has positioned the Open Innovation 4.0 programme in the media, which has contributed to disseminating and raising awareness of the programme in the Asturian business ecosystem.

In addition to increased regional awareness, the award has also contributed to our position on the international stage. This is largely down to the respect that the institution that awarded us, the European Commission, receives. As a result, the organisations that drive the Open Innovation programme, IDEPA and CEEI Asturias, are now positioned at the European and even international level as points of reference among the key players in regional economic promotion.

Why should others enter EEPA 2019? What advice would you give them?

Receiving an EEPA is a recognition of the effort put in, and of the innovation that your project brings to Europe. It is also an opportunity for winning projects to receive great visibility for both their work and good practice.

What are your plans for the future?

The future will clearly involve a continued commitment to promoting Industry 4.0 through the Open Innovation 4.0 programme, due to this programme being central to the strategy implemented by the Government of the Principality of Asturias.

The programme is lively and dynamic, and is now in its third year. The programme is currently dealing with six tractor companies that have posed their technological challenges in Industry 4.0 to more than sixty startups in order to receive their innovative solutions. These actions form part of the Asturias Digital Innovation Hub, the platform that we use for coordinating our resources in order to speed up the digitalisation process of Asturian industry, and which is made up of the main centers of scientific-technological competence in Asturias.

Find out more about the Open Innovation 4.0 programme in the EEPA 2018 compendium and keep coming back to the Promoting Enterprise News Portal for more information on the European Enterprise Promotion Awards.

European Enterprise Promotion Awards – ‘Class of 2018’

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The 12th edition of the European Enterprise Promotion Awards (EEPA) is now over, and after months of waiting we now know which projects were crowned best in Europe. Congratulations to all of the winners in the EEPA ‘Class of 2018’, your hard work has paid off! Have a look below to find out more about this year’s winners, and click on each project to see their video presentation from the SME Assembly 2018 in Graz, Austria. 

Grand Jury Prize: Lean Landing, Denmark

Promoting the Entrepreneurial Spirit: Piraeus Blue Entrepreneurship, Greece 

Investing in Entrepreneurial Skills: i2c STARTacademy, Austria

Improving the Business Environment: Open Innovation 4.0., Spain

Supporting the Internationalisation of Business: Kasvu Open – company growth sparring programme, Finland

Supporting the Development of Green Markets and Resource Efficiency: Matosinhos Carbon-zero Living Lab enhanced by local carbon market, Portugal

Responsible and Inclusive Entrepreneurship: ProjectTogether, Germany

Stay tuned for the publication of the 2018 Compendium of winners brochure (in English) to find out more about this year’s winning projects, and don’t forget to have a look at the EEPA 2018 ceremony photos here.

Keep following right here on the Portal and across social media (Twitter and Facebook) for winner interviews and updates.

Improving the Business Environment – EEPA 2018 Shortlist

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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.

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