Project description
Addressing the innovation challenges facing regional SMEs
The EU-funded INNOCHALLENGE project will bring together innovation agencies to explore existing initiatives and formats aimed at supporting open innovation in small and medium-sized enterprises (SMEs). The project will deliver a Design Options Paper for EU innovation agencies willing to activate support initiatives for SMEs on a regional basis. Moreover, it will use the Twinning Advance methodology, collect good practices of existing inducement prizes and innovation challenges from partnering regions, and analyse them in three regional workshops. INNOCHALLENGE will design a standardised format to guide regional SMEs on their way to innovation and disseminate it throughout the partners’ EU-wide networks.
Objective
Public innovation agencies strive at keeping the pace of SME innovation support demand, and seek opportunities to implement programmes pivoted on new approaches.
The INNOCHALLENGE project will engage a consortium of partnering innovation agencies in exploring operating principles underpinning “innovation challenges” and “inducement prizes”, which proved to effectively nurture open innovation at all societal levels.
Once operating principles of challenges and prizes are understood, the project will deliver a fully actionable guide (Design Option Paper) to be utilized by EU innovation agencies willing to adopt a challenge-driven approach in activating innovation support initiatives for SMEs at a regional basis.
INNOCHALLENGE objectives will be achieved by making use of the Twinning Advance methodology. Good practices of existing inducement prizes and innovation challenges from partnering regions will be collected and afterwards discussed and analysed during three regional workshops. Particular attention will be given to sharing practical know-how over the planning and execution of such initiatives, as well as distilling lessons learned.
On the basis of such corpus of knowledge, a novel and standardized format of Innovation Challenge for regional SMEs will be designed by partners. The Design Option Paper (DoP) will include full implementation guidelines and practical suggestions on how to activate such initiative. Collected best practices will be attached to the DoP, which will be disseminated throughout partners’ EU-wide networks, such as three EIT KICs, the EEN, and TAFTIE.
Local stakeholders will be involved in the INNOCHALLENGE peer learning and design process: this will allow for the designed initiative to fit with regional specificities such as Industry Clusters, align with priorities set by regional Smart Specialization Strategies, as well as to find synergies with existing ERDF-funded SME support actions.
Programme(s)
Funding Scheme
CSA - Coordination and support actionCoordinator
38123 Trento
Italy