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RO-Boost Inno SMEs – Boosting the Innovative Potential of Romanian SMEs

Project description

Backing innovation in Romanian SMEs

In a globalised economic market, the role of innovation has become essential. As a consequence, the EU's support of SMEs in their effort to become smart and minimise the quality gaps existing between them is central to the growth of the European economy. Since 2015, EU efforts aiming to increase the added value of SMEs and advanced sectors have succeeded in helping the companies boost their economic impact and innovation culture. The EU-funded Ro-Boost Inno SMEs 4 project takes advantage of the expertise achieved in previous projects and intends to support Romanian SMEs in consolidating innovative businesses and ameliorating their position in the international market.

Objective

"In the context of innovation-divided Europe and scarce consultancy in RDI, Macro Region 4 Romania is in full process of
moving towards a ""turning point"" of economic positioning in a climate of globalization, disruptive innovations and circular
economies. This dynamic brings to surface impediments innovation actors in the region face multiple challenges, while their
ability to overcome them is crucial to the impact of such changes. The core members of the Ro-Boost SMEs consortium are
aware that it is time for smart action in order to achieve the goal of reducing the innovation divide among companies. Based
on the vision stated in the Ro-Boost SMEs Implementation Strategy, the core members of the consortium jointly elaborated
the project ""Ro-Boost Inno SMEs"" aimed at consolidating innovative businesses - rooted into the Smart Specialisation
Strategy - and to expand their position within the sector global value chains. To achieve this goal, dedicated innovation
support envisaged at the beginning of 2015 shall be continued in order to increase added value of SMEs and innovative
sectors in the global economy, using an innovative delivery system and consolidating the community of innovators.
The proposal is built around the expertise of relevant partners at Macro Region 4 level and in-depth competences gained in
2015-2016. It shall also capitalize on the impact generated in the previous period in order to gain further recognition of the
innovation management as success driver among SMEs in terms of both economic impact and innovation culture within
business environment."

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

CSA - Coordination and support action

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EEN-SGA4-2020-2021

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Coordinator

REGIONAL DEVELOPMENT AGENCY OF THE WEST REGION ROMANIA
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 1 821,00
Address
LAZAR GHEORGHE 14th
300080 Timisoara
Romania

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Region
Macroregiunea Patru Vest Timiş
Activity type
Other
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 1 827,00

Participants (4)

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