The aim of the project was to contribute to the smart growth in the Free State of Saxony as an emerging region 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 the above mentioned objectives the project
a) Identified bottlenecks to the creation of economic impact in companies benefitting from grants by Horizon2020's SME instrument, Fast Track to Inovation and EIC Accelerator Pilot, respectively, and addressed these bottlenecks with the help of capable coaches. This service to beneficiaries of the SME instrument in the context of a given project is called “Key account management”' (KAM).
b) Increased 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. This service, which has been provided independently from a specific innovation project and focusing on a company's innovation management system, is called “Enhancing the innovation management capacity of SMEs” (EIMC).