Project description
An innovative boost for SMEs in Lithuania
SMEs in Lithuania selected under the Enhanced European Innovation Council (EIC) pilot will receive a big boost. The EU-funded SME Coach LT 2020-21 project will increase effectiveness and efficiency of investment in R&D and innovation by enhancing innovation management capacity. Specifically, the project will support beneficiaries of the EIC pilot in identifying project-specific barriers and weaknesses as well as gaps in their innovation capacities that hinder realisation of growth opportunities and also point to suitable coaches to address the identified weaknesses. In order to identify the challenges, the project will use a holistic and dynamic business innovation model and will also assess the performance of the innovation management system.
Objective
The aim of SME Coach LT 2019 is to increase effectiveness and efficiency of investment in R&D and Innovation by enhancing innovation management capacity of the Lithuanian SME beneficiaries of the EIC Pilot schemes EIC Accelerator pilot ( 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 EIC Pilot 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 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.
Keywords
Programme(s)
Funding Scheme
CSA - Coordination and support actionCoordinator
LT-03223 Vilnius
Lithuania