Project description
A new way to promote the power of small
In the European business ecosystem, there is great power in being small. Representing 99 % of all businesses in the EU, small and medium-sized enterprises (SMEs) are the backbone of Europe's economy. However, despite being engines of economic growth, they still face many challenges. Measures aimed at unlocking their potential will therefore ensure that these challenges become opportunities. The EU-funded INNOCOACH project will improve coaching service mechanisms for the Enhanced European Innovation Council (EIC) pilot, which supports small companies that have the potential to scale up internationally. Specifically, the project will design better coaching methods. It will also exchange good practices so that Europe can capitalise on its innovative SMEs to compete in global markets.
Objective
Small and Medium Enterprises (SMEs) are leading power of economy. To unlock their potential EU provides many instrument for them.EU funding programs are one of the most important ones as it promotes SMEs in very different ways. Innovation agencies have a vital role to promote SMEs competiveness through EU finding mechanism. If they have a structured way or methodology to transfer knowledge to SMEs, they will include more SMEs into the system which will bring many different skills and competences to SMEs,
INNOCOACH will aim to improve coaching service mechanism for the EIC Pilot programs among innovation agencies through analyzing different methods and best practices around Europe. Within 12 months of period, INNOCOACH -made up of 3 organizations, including 1
chamber of commerce, 1 business Support organization and 1 innovation hub -, will develop the most effective ways of coaching on the new updated program in order to improve SMEs’ interest and satisfaction by exchanging good practices on coaching and providing sustainable synergy among related partners
Fields of science
Keywords
Programme(s)
Funding Scheme
CSA - Coordination and support actionCoordinator
34197 Istanbul
Türkiye