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Content archived on 2024-05-18

Successful model for innovative start-up companies transferring a unique model from the Netherlands to Portugal and Spain

Objective

Description of the project and expected results:
- Create 20 university spin-off companies in the target regions - Northern Portugal and Galicia (Spain) by transferring the model of the University of Twente (NL);
- Contribute to industrial diversification in the target regions and make this example known throughout Portugal, Spain and Europe, capable of motivating other entities to go forward with similar initiatives;
- Validate methodologies (awareness, training, consultancy, networking, financing) for promoting academic entrepreneurship at an European level.
Description of the mechanisms for supporting the setting-up and development of innovative firms which the project intends to validate.

The adopted methodology to facilitate the launching of innovative companies is based on the following 5 main procedures:
- Permanent contact between the Twente region and Northern Portugal and Galicia regions, that include an intensive training period in Twente undertaken by Portuguese and Spanish technicians, participation of Dutch experts in some project disseminating activities in Portugal and Spain, inclusion of the Dutch partner in the Steering Committees of the Iberian regions and weekly contacts linking all project partners (Internet, video/audio conferencing);
- Select high potential entrepreneurial projects and involve influent strategic partners like universities, RTD institutions, company incubators, public entities supporting SME and financial institutions. After a vast diffusion of the programme (including mass media, workshops and Internet), the best entrepreneurial projects will be chosen through a contest of ideas;
- Support the leaders of the selected projects in the following essential aspects: evaluation of individual skills, personal development training, business training and consultancy, networking, research/development of prototypes (including scientific mentoring) and financing;
- Launching university spin-off companies with the passage of the new entrepreneurs to company incubators (preferably) and beginning of the activities of the companies;
- Dissemination of the programme's achievements during and after its carrying out period through newspapers, newsletters, partners' Internet sites and final seminar.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

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Coordinator

TecMinho - The University-Enterprise Association
EU contribution
No data
Address
Palácio Vila Flor, Av. D. Afonso Henriques
4810-431 Guimarães
Portugal

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Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

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Participants (2)

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