Sparkling Startups

Programme 2014 - 2020 INTERREG V-A Finland - Estonia - Latvia - Sweden (Central Baltic)

Description

Description (EN):

Building cross-border cooperation between start-up platforms to create more joint and co-operating start-ups in twinning cities of Tartu and Turku. The vision of this small project is to create methodology and culture of cross-border cooperation that will result in more joint and co-operating companies in the near future. This will be done using a range of methods, including mentoring, staff exchange, study visits and matchmaking. These activities will be extended also to companies who have already entered the platforms in both Turku and Tartu to use them as pilots for the methods that will be created in this project. This project will implement joint practices and structures for cross-border co-operation between Finnish and Estonian start-ups and potential entrepreneurs. Turku Science Park has just recently kick-started its renovated, innovative start-up activities via its SparkUp society and Tartu is at the moment setting up its own similar program. This is the perfect moment to formulate joint practices, methods and structures for matching potential SMEs from both regions from the start. As a result of this project we aim to create 6 new joint and/or cooperating companies and to support their development through early phases of startup life cycle by providing jointly developed business support activities by Tartu and Turku Science Parks. We dedicate our efforts within SPARKS project foremost to establish 1 to 3 new joint companies We expect about 80 SMEs in total to benefit from SPARKS project. Additionally to project partners around 10 other business support organizations and universities will both contribute and benefit to SPARKS initiative with know-how.

Expected Results (EN): R1.1. Number of new joint or co-operating knowledge intensive enterprises

Expected Outputs (EN): SPARKUP project main result is to have 8 new joint or cooperating companies out of minimum 24 supported companies through joint platform which is in direct correlation with programme indicator R1.1.

Themes

SME and entrepreneurship

Specific Objective: New Central Baltic knowledge intensive companies

Thematic Objective: (03) enhancing the competitiveness of SMEs by:

Investment Priority: (03a) promoting entrepreneurship, in particular by facilitating the economic exploitation of new ideas and fostering the creation of new firms, including through business incubators

Partners

Lead Partner (EN): Tartu Science Park Foundation

Lead Partner: SA Tartu Teaduspark

Address: Riia 181A, 51014 Tartu, Estonia

Legal status: public

Website: http://www.teaduspark.ee

Total budget: EUR 93 187.29

ERDF budget: EUR 79 209.20

Turku Science Park Ltd

Name: Turku Science Park Oy Ab

Address: Joukahaisenkatu 3-5 A, FI-20520 Turku, Finland

Legal status: public

Website: http://www.turkusciencepark.com

Total budget: EUR 136 404.00

ERDF budget: EUR 102 303.00

Summary

Project name (EN): Sparkling Startups

Project acronym: SPARKS

Period: 2014-2020

Date of latest update: 2020-12-14

Website: http://centralbaltic.eu/

Project start date: 2016-03-01

Project end date: 2018-02-28

Project status: closed

Total budget/expenditure: EUR 229 591.29

European Union funding: EUR 181 512.20

Co-financing sources: ERDF

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Turku Science Park Ltd

Sparkling Startups

Partners and Projects info

Tartu Science Park Foundation

Sparkling Startups

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Project partner

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Financing programme

2014 - 2020 INTERREG V-A Finland - Estonia - Latvia - Sweden (Central Baltic)

Last month that data in keep.eu was retrieved from the Programme's website or received from the Programme

2020-11-16

No. of projects in keep.eu / Total no. of projects (% of projects in keep.eu)

137 / 137 (100%)

No. of project partnerships in keep.eu / Total no. of project partnerships (% of project partnerships in keep.eu)

663 / 663 (100%)

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Sparkling Startups

Description

Themes

Partners

Summary

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Information regarding the data in keep.eu on the programme financing this project

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