Objective A methodology for the creation of effective seed and venture capital sources for the high-tech industry in Latvia, Estonia and the Slovak Republic by implementing the proven success factors of the Yozma and Technological Incubator Programmes.Description of the project:Ester is the natural continuation of the IFISE project that validated the Yozma and Technological Incubator Programmes aimed at nurturing a venture capital industry and establishing technological incubators. Principles of these programmes will be transferred and implemented in three Newly Associated Countries (NACs):- Latvia;- Estonia;- Slovak Republic.The aim is to plan for efficient public programmes that will create seed and venture capital sources for new high tech enterprises in the NACs. It is hoped that the project will result in the preparation, submission and promotion of official proposals for the creation of seed and venture capital sources within the NACs, to the regional, national and European institutions.Focus will be on the problems specific to the transition economies. An adaptation methodology, aiding the transition of the Israeli programmes to the context of the newly associated countries, will be applied to obstacles such as the relative lack of entrepreneurial culture and the low level of existing scientific infrastructures.Completion of the project should provide identification of those sectors within the NACs that have the potential produce high concentrations of entrepreneurial activity. Analysis of these sectors will then be undertaken in the hope of understanding the particular characteristics and needs of each sector and of identifying the barriers that financial operators may face in investing in innovative start-ups.Milestones and expected results:%- Identification of sectors with potential entrepreneur concentrations and of barriers in the business and legal environment of the three regions;- Completion of field surveys analysing the needs and perspectives of all market actors in relation to the Israeli incubators strategy in former planned economies;- Completion of the planning phase, submission of formal proposals and widespread dissemination of results. Fields of science social scienceseconomics and businessbusiness and managemententrepreneurshipsocial sciencespolitical sciencesgovernment systems Programme(s) FP5-INNOVATION-SME - Research, technological development and demonstration programme which aims to promote innovation and encourage the participation of small and medium sized enterprises, 1998-2002 Topic(s) Data not available Call for proposal Data not available Funding Scheme Data not available Coordinator UNIVERSITA DEGLI STUDI DI PAVIA Address 271 Pavia Italy See on map EU contribution € 0,00 Participants (8) Sort alphabetically Sort by EU Contribution Expand all Collapse all BIC Bratislava Slovakia EU contribution € 0,00 Address See on map ENTERPRISE ESTONIA Estonia EU contribution € 0,00 Address Liivalaia 13/15 See on map Ernst and Young Estonia Estonia EU contribution € 0,00 Address See on map Ernst and Young Latvia Latvia EU contribution € 0,00 Address See on map Latvia Development Agency Latvia EU contribution € 0,00 Address See on map Links Website Opens in new window Mr. Yigal Erlich Israel EU contribution € 0,00 Address See on map National Agency for Development of SMEs Slovakia EU contribution € 0,00 Address See on map Links Website Opens in new window UNIVERSITY OF HAIFA Israel EU contribution € 0,00 Address Mt. carmel See on map Links Website Opens in new window
