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Raising Innovation Capacity for Innovative Companies from Latvia (2020-2021)

Project description

Boosting SME innovation support for Latvia

Latvia, a member of the EU since 2004, is a small, dynamic and open economy. It has transitioned from central planning to a market economy. The EU-funded InnoSME-LV-2020-2021 project is aimed at raising the country's innovation capacity. The focus is on smart growth and support for SMEs. The project will identify bottlenecks to the creation of economic impact in companies benefiting from grants by the Horizon 2020 Enhanced European Innovation Council (EIC) pilot. It will also boost the efficiency and effectiveness of innovation processes in SMEs. The services will be integrated in already existing Enterprise Europe Network services.

Objective

The overall objective of the project is to contribute to 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 actors along the innovation chain. To achieve this objective the following measures are foreseen:
• To support SMEs, as the beneficiaries of the SME support instrument to identify bottlenecks to the creation of economic impact in companies benefiting from grants by Horizon 2020 Enhanced European Innovation Council (EIC) pilot and address these bottlenecks with the help of capable coaches;
• To increase the efficiency and effectiveness of innovation processes in small and medium sized enterprises with significant innovation activities that could potentially become beneficiaries of European support to research and innovation but would not have effective access to consulting services for innovation management.
In practice at least fourteen (14) specialised on average 7-day service packages will be delivered to SMEs to assist them in successful benefiting from Horizon 2020 Enhanced European Innovation Council (EIC) pilot and increase their innovation management capacity beyond this programme.
The services addressed by the current proposal will be integrated in already existing Enterprise Europe Network services.

Coordinator

LATVIJAS INVESTICIJU UN ATTISTIBASAGENTURA
Net EU contribution
€ 0,00
Address
PERSES IELA 2
1442 RIGA
Latvia

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Region
Latvija Latvija Rīga
Activity type
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)
Links
Total cost
No data

Participants (1)