Periodic Reporting for period 2 - ENRICH in the USA (ENRICH in the USA)
Periodo di rendicontazione: 2022-07-01 al 2023-12-31
Services of ENRICH in the USA , organised around three pillars – Education & Connection, Market Validation , University Incubation - target organisations and project owners with commercially viable technologies at different maturity levels.
Overall objectives have been:
1. To support transfer, adaptation, deployment and/or internationalisation of European innovation to the US market, benefitting Europeans innovation actors
2. To create a sustainable network of centres and hubs that provide support to all EU innovation actors under one umbrella – and supports underserved entrepreneurs in Europe
3. To achieve sustainability of ENRICH in the USA Network
The main result is a strong trusted ENRICH in the USA community created in the project:
• over 300 people improved their capacities and were made aware of ENRICH in the USA activities through training, including more than 12 webinars and workshops, 4 Country Days etc; ESDP young researchers and innovators;
• 4 active Hubs, 2 Centres (San-Francisco, Boston) and 1 headquarter (Temple, Philadelphia);
• 7 virtual and 26 physical paid soft-landings to support the companies (3+ months with average 18-months duration);
• industry focused immersion programmes with 81 activities/events during 3 years, in which 5135 participants took part, both Europeans innovators and American mentors or hosts;
• a network of 30 universities and 60+ US Ambassadors;
• a community platform Enrichers.gi2.io with more than 1200 people, 600 startups and 400 partners in the on-live community;
• more than 60 Ambassadors in Europe;
• ENRICH GLOBAL (EG), a non-for-profit international association focused on the globalization of innovations, created in Europe with input from different ENRICH-family projects and other organisations.
• To support the Network and its services, multiple content assets were developed, including 14 studies (e-health, AI, cybersecurity…), videos, the Entrepreneurial Skills Development Programme (ESDP) etc.
There results were obtained thanks to more than hundred specific activities implemented in the project: events, trainings, mentorships, Country Days etc., with 2398 European entrepreneurs and innovators, supporting their internationalization towards the USA, and reached many more through its online tools, studies and guidance.
Total revenue reached by ENRICH in the USA Network (HQ Temple University) by the end of the project is $431,179.38 for virtual and J-1 Soft Landing in total at M36, and $54,447.93 of sponsorships from Ambassadors and Service Providers around both Hubs and Centres.
The ENRICH in the USA Network been able to establish itself as central contact point for European entrepreneurs and innovators, deploying important efforts on the recognition of the branding in the community. It was setup in a collaborative approach based on a pilot phase and has become a self-sustainable initiative. It is a unique combination of competences in innovation support services, business development, networking and support to policy makers.
The ENRICH initiative is highly innovative, and significantly differs from “classical” Horizon 2020 projects. It has developed both organisational innovation, i.e. a new organisational method in order to improve the use of knowledge, workflows efficiency and quality of its services, and also englobes processes leading to the establishment of new management methods, as well as service innovation, benefitting both European research and innovation organisations and the project partners’ competitive edge.
The customers are offered a unique ENRICH in the USA journey based on a demand-driven set of services to support them at each step in their development phase. The core service relating to soft landing in sector-specific target markets has been implemented thanks to a dense network and close partnership with university-based incubators all across the USA. The overall aim was to add value to the existing initiatives on the market and numerous services have been implemented in co-organisation with renown partners, both in the EU and in the USA.
ENRICH in the USA is now well established and continues its efforts to be recognized as the entry point for European entrepreneurs and innovation actors internationalising to the US, providing valuable services to clients. In spite of the project end, many services of ENRICH in the USA continue with Temple and partner universities, and also via ENRICH GLOBAL international non for profit association and its members. ENRICH GLOBAL www.enrich-global.eu plans to support further ENRICH in the USA activities on the EU side and currently it evolves as an independent entity and already includes over 30 members from 40 countries.