Project description
Boosting remote-sensing companies through cross-cluster support
The PARSEC project is focused on designing sustainable services to help European SMEs raise their competitive profile globally through access to a platform providing among other things geospatial information. Taking advantage of the EU’s Copernicus database and other resources, the system will provide remote-sensing companies access to support, technology, capital and markets. It will facilitate this through cross-cluster collaboration at European level, encouraging innovation and creating new markets globally. This will help innovative SMEs make better use of the vast Earth Observation geospatial information available, to provide improved productivity, a better carbon footprint and expansion into more sectors and countries.
Objective
Emerging industries, as high-potential growth sectors in early stage development, can be effectively supported by cross-sectoral cluster-facilitated innovation towards the creation of new value chains and the opening up of new markets. Earth Observation-derived information has been widely proven to improve productivity (e.g. reduced fertiliser, pesticide, water, labour inputs in precision agriculture), outputs (e.g. solar farm yield), and eco-friendliness (e.g. carbon footprint monitoring of industrial activities) in the emerging food, energy and environment industries.
In designing, developing and delivering sustainable services that meet the needs of these industries, European SMEs need to be supported in accessing knowledge, capital, technology and markets. Recognising this need, PARSEC aspires to build a cross-sectoral/cross-border ecosystem whereby SMEs and innovative start-ups will gain: Access to knowledge (provision of a holistic portfolio of support services, including market, technology and investment training/ information as well as tailored coaching support); Access to technology (through three large scale demonstrators, acting as enablers for the development of new EO-based products/services); Access to capital (an innovative selection and funding scheme to ensure selection of high-potential ideas); Access to market (incl. cross-border and cross-sectoral matchmaking, investment readiness, export promotion).
By providing access to these resources, PARSEC will concretely contribute to the establishment of new value chains bustling with innovative SMEs that can translate the large public investments in the Copernicus programme and numerous sector specific initiatives (related to food, water, energy, climate change, biodiversity, etc.) into applications and services meeting user needs and market demands, for the benefit of European economy and society.
Programme(s)
Funding Scheme
IA - Innovation actionCoordinator
1040 BRUXELLES
Belgium