The project delivered in the 2020-2021 period the Enterprise Europe Network H2020 “Services enhancing the innovation management capacity of SMEs under the H2020 programmes for specific activities in the context of innovation support and the EIC (European Innovation Council) pilot" in the Balearic Islands region.
The overall IBINNO (Illes Balears INNOvation management services) project objective was the establishment of a feasible and effective service for enhancing the innovation management capacity of SMEs in the Balearic Islands region. This has benefited the smart growth in the European Union by increasing the efficiency and effectiveness of investments in research, development and innovation and by contributing to a better and more efficient connection of stakeholders in the innovation fabric.
In order to contextualise the 2020-2021 project period, the Balearic Islands SMEs have suffered particularly during the current COVID-19 crisis, with falling revenue and liquidity, borders closed, and supply chains disrupted. Highlight that the Consortium has adapted and overcame the COVID-19 crisis, more concretely by boosting client’s capabilities building on adaptability and innovation.
IBINNO acted as the access point to the innovation and internationalisation system in the Balearic Islands region, which will be in this new period covered by Balearic Islands Enterprise Network B2EN consortium, embedding the EEN innovation services in the regional innovation ecosystem.
FUNDACIÓ BIT (Fundació Balear d’Innovació i Tecnologia, Balearic Islands Innovation and Technology Foundation) has been the sole partner in IBINNO Consortium. The project has been executed from only one partner due to the small area (Balearic Islands) covered by the COSME Enterprise Europe Network Balearic Islands Consortium B2EN (Balearic Islands Enterprise Europe Network). Furthermore, FUNDACIÓ BIT has plenty of experience in this action since it has been executing the project since 2015, while promoting and helping the preparation to participate in the SME Instrument call for proposals and improving innovation capabilities since the beginning of the SME Instrument/ enhancing innovation services programme.
IBINNO solved two different challenges, with the following scopes of action:
* Horizon2020 SME Instrument, Fast Track to Innovation (FTI), Future and Emerging Technologies Open (FET-Open) for current programme, and the new EIC Accelerator under EIC pilot scheme beneficiaries. Bottlenecks to the creation of economic impact in companies benefitting from grants of Horizon2020 within the Balearic Islands region have been identified. The blockages are been addressed with the help of a capable coach. This service to beneficiaries in the context of the project is called KAM (Key Account Management).
* Enhancing generic SMEs innovation management capabilities. Efficiency and effectiveness of innovation processes in SMEs with significant innovation activities within the Balearic Islands region would be tackled. The beneficiaries of this European support to research and innovation action do not actually have access to consulting services for innovation management. This service focussed on a company's innovation management system is called Enhancing the Innovation Management Capacity of SMEs (EIMC).