Project description
Bridging innovation divides in Europe’s start-up realm
Innovation knows no borders, yet some regions face challenges in harnessing their full potential. They struggle to flourish due to limited investor engagement, fragmented ecosystems and an undue focus on rapid exits. Europe’s vibrant start-up scene also grapples with generating deep-tech deal flow. In this context, the EU-funded atTRACTION project aims to forge connections between the innovation hubs of Wielkopolska, Lithuania, and Andalusia’s ecosystems with powerful networks of Germany and France. This cross-pollination of ideas and practices is aimed at stimulating innovation and collaboration. By creating curated joint deal flows, boosting co-investments and championing underrepresented founders, atTRACTION paves a transformative path towards a more united, resilient and inclusive European innovation landscape.
Objective
Assumptions:
- There are many incubation and acceleration programmes in ‘modest’ and ‘moderate’ innovation ecosystems, however there is much fewer investors operating there as well the volume of capital available and actors of innovation ecosystems are not well connected
- The potential investors (capital and industry) need relationships of trust with locally-based co-investors of smaller scale that would help them with the local deal flow as well as regulation guidance
- The start-up ecosystems all over the world are oriented toward speed exits, which does not favour deep-tech start-ups, that need more time for development
- Even the vibrant start-up hubs in Europe have problems in creation of deep-tech deal flow
Objectives of atTRACTION:
1. To connect the ecosystems in Wielkopolska, Lithuania and Andalusia to strong innovation networks of Germany and France and:
- stimulate cross-fertilisation effects through best practice sharing and learning by cooperation
- syndicate a curated pipeline and portfolio of companies at different funding stages to create joint, syndicated, thematically focused deal flows that attract international investors
- boost existing support programmes of business acceleration providers
2. To create investment opportunities for society-relevant deep-tech solutions: twin transition and health-tech, IOT& AI for social challenges
Project idea:
- Attraction and connection of existing acceleration initiatives and investment networks from the participating areas
- Development of durable international relationships through concrete actions, i.e. pilot acceleration programs oriented on society needs solutions stemming from R&D
- Joint activities increasing the level of trust among investors and founders from less connected ecosystems
- Create syndicated, international deal flows in selected category of technologies
- Boost co-investments in less connected regions
- Support start-ups diversity backgrounds founders (women, migrants founders)
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques.
- natural sciencescomputer and information sciencesinternetinternet of things
- natural sciencesbiological sciencesecologyecosystems
- social sciencessociologydemographyhuman migrations
You need to log in or register to use this function
Programme(s)
Funding Scheme
HORIZON-CSA - HORIZON Coordination and Support ActionsCoordinator
61-612 Poznan
Poland