Project description
Increasing Lithuanian SME effectiveness in innovation
The EU-funded SME Coach LT 2018 project will enhance the innovation management capacity of the Lithuanian SMEs to increase the effectiveness and efficiency of investment in R&D and innovation. Key account management services will support beneficiaries of the SME Instrument, Fast Track to Innovation, and Future and Emerging Technologies - Open programmes under Horizon 2020 to identify weaknesses and gaps in their innovation capacities and select suitable coaches to address them. The project will apply a holistic and dynamic business innovation model. SME Coach LT 2018 will also assess the performance of the innovation management system of SMEs with significant innovation activities and a high potential for internationalisation but lacking innovation management capacities.
Objective
The aim of SME Coach LT 2018 is to increase effectiveness and efficiency of investment in R&D and Innovation by enhancing innovation management capacity of the Lithuanian beneficiaries of the funding schemes SME Instrument, Fast Track to Innovation ( FTI) and Future and emerging technologies (FET Open) under H2020 and SMEs with significant innovation activities and a high potential for internationalisation.
Specifically, the project will support beneficiaries of the SME instrument in identifying project-specific barriers and weaknesses and gaps in their innovation capacities that hinder realization of growth opportunities and point to suitable coaches to address the identified weaknesses. The Key Account Manager will support SMEs SME Instrument beneficiaries in identifying critical issues and gaps with regards to their innovation idea and guide them to relevant lead coach who will support the company throughout their innovation journey. To identify SMEs challenges, the Key account Manager will use a holistic and dynamic business innovation model, supported by Business Innovation Roadmap Tool, available under Creative Commons License from smE-MPOWER network. The second specific objective aims at SMEs that have significant innovation activities and a high potential but lagging innovation management capacities. To assess the performance of their innovation management system, we will use IMP3rove Academy’s diagnostic tool or similar tools. Further action plan will be developed. In supporting SMEs we will use action- based (and case-driven) learning approach to addressing identified gaps in the innovation system. smE-MPOWER tools will help support the coaching process.
Programme(s)
- H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs Main Programme
Topic(s)
Funding Scheme
CSA - Coordination and support actionCoordinator
LT-03223 Vilnius
Lithuania