Restart SMEs in the Baltic Sea Region

Programme 2014 - 2020 INTERREG VB Baltic Sea

Date of latest update: 2023-06-16

Description

Description (EN):

Bankruptcies lead to economic and social insecurity and tax revenue decrease. The Restart BSR project brings together innovation actors in Estonia, Latvia, Lithuania and Poland to offer 'soft' innovation support to small and medium sized enterprises that are experiencing stagnation and are heading towards bankruptcy. Apart from restarting businesses onto a new path of growth, the project kicks off policy dialogue to frame measures to support innovation and growth of companies facing stagnation or financial distress in the Baltic Sea region.

Achievements (EN):

Mapping clarifies the status: The partners from Poland, Latvia, Lithuania, and Estonia carried out a series of tests with 40 selected companies (10 from each country). This way the project piloted tools for design-driven innovation that the business consultants and mentors can use when supporting companies in financial difficulties and “restarters”. Through a series of national events and interviews with national decision-makers, the project partners conducted a state-of-play analysis of the involved countries in the Baltic Sea region on the challenges and barriers facing financially distressed and restarting companies. These challenges included legal barriers, access to finance, social stigma, and others. In addition, the project reviewed and compared the local policies and legal frameworks, as well as support measures regarding non-technological innovation, crisis management, and second chances. Thus, Restart BSR addressed the lack of an “innovation dimension” in the existing crisis management and second chance approaches. Combining design thinking with actual experiences, the project made a comprehensive publication for business supporters, mentors, and policy-makers. Supporting toolkit is developed: As a result, the RESTART Baltic Sea Region Roadmap was prepared, providing an overview of the economic situation as well as policies and initiatives relevant to companies in financial distress in Poland, Estonia, Latvia, and Lithuania. In addition to that, the partners prepared guidelines and future recommendations for policymakers on how to build and strengthen the institutional ecosystem to support companies in financial distress. Besides, the Latvian partners joined the Early Warning Europe network. https://interreg-baltic.eu/project/restart-bsr/

Website: http://www.restart-bsr.eu

Delivered Outputs (EN): Project and concept presentation Analyses Policy recommendations and manual Website

Thematic information

SME and entrepreneurship

Specific Objective: ‘Non-technological innovation’: To advance the Baltic Sea Region performance in non-technological innovation based on increased capacity of innovation actors

Thematic Objective: (01) strengthening research, technological development and innovation by:

Investment Priority:

(01b) promoting business investment in R&I, developing links and synergies between enterprises, research and development centres and the higher education sector, in particular promoting investment in product and service development, technology transfer, social innovation, eco-innovation, public service applications, demand stimulation, networking, clusters and open innovation through smart specialisation, and supporting technological and applied research, pilot lines, early product validation actions, advanced manufacturing capabilities and first production, in particular in key enabling technologies and diffusion of general purpose technologies

Partners (6)

Lead Partner: Dolnośląska Instytucja Pośrednicząca

Address: Strzegomska 2-4, 53-611 Wrocław, Poland

Legal status: public

Website: http://dip.dolnyslask.pl/

Total budget: EUR 471 369.60

ERDF budget: EUR 400 664.16

Kolding Designskole

Name: Kolding Designskole

Address: Ågade 10, DK-6000 Kolding, Denmark

Legal status: public

Website: http://www.designskolenkolding.dk

Total budget: EUR 170 156.00

ERDF budget: EUR 127 617.00

Vilniaus Gedimino technikos universitetas

Name: Vilniaus Gedimino technikos universitetas

Department: Knowledge and technology transfer department

Address: Sauletekis ave. 11, LT-10223 Vilnius, Lithuania

Legal status: public

Website: http://www.vgtu.lt

Total budget: EUR 259 868.00

ERDF budget: EUR 220 887.80

Latvijas Tehnoloģiskais centrs nodibinājums

Name: Latvijas Tehnoloģiskais centrs nodibinājums

Address: Kriu iela 11, LV1006 Riga, Latvia

Legal status: public

Website: http://www.innovation.lv/ltc

Total budget: EUR 239 068.00

ERDF budget: EUR 203 207.80

Latvijas Republikas Ekonomikas ministrija

Name: Latvijas Republikas Ekonomikas ministrija

Department: Entrepreneurship Competitivness Department

Address: BRIVIBAS STREET 55, LV-1519 Riga, Latvia

Legal status: public

Website: http://www.em.gov.lv

Total budget: EUR 201 100.00

ERDF budget: EUR 170 935.00

Harju Ettevõtlus-ja Arenduskeskus

Name: Harju Ettevõtlus-ja Arenduskeskus

Address: Sirge 2, 10618 Tallinn, Estonia

Legal status: public

Website: http://www.heak.ee

Total budget: EUR 254 868.00

ERDF budget: EUR 216 637.80

Partners map

Partners and Projects info

Lower Silesian Intermediate Body

Restart SMEs in the Baltic Sea Region

Partners and Projects info

Design School Kolding

Restart SMEs in the Baltic Sea Region

Partners and Projects info

Vilnius Gediminas technical university

Restart SMEs in the Baltic Sea Region

Partners and Projects info

Latvian Technological Center foundation

Restart SMEs in the Baltic Sea Region

Partners and Projects info

Ministry of Economics of the Republic of Latvia

Restart SMEs in the Baltic Sea Region

Partners and Projects info

Harju County Entrepreneurship and Development Consultancy

Restart SMEs in the Baltic Sea Region

Lead partner

Project partner

Summary

Project name (EN): Restart SMEs in the Baltic Sea Region

Project acronym: Restart BSR

Project start date: 2019-01-01

Project end date: 2021-12-31

Project status: closed

Total budget/expenditure: EUR 1 596 429.60

Total EU funding (amount): EUR 1 339 949.56

Total EU funding (co-financing rate): 83.90%

Co-financing sources:

ERDF: Amount, EUR 1 339 949.56.

Documents

Documents on this project are listed below, and organised by category. Please note field "Data source", attached to each document. Keep.eu users are free to use these documents as long as they mention the data source and keep.eu.

Websites / webtools / webforums / cooperative platforms

Restart BSR - About

Attachment type: link

Type of document: Website / webtool / webforum / cooperative platform

Data source: https://interreg-baltic.eu/project/restart-bsr/

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: de, en, et, pl, lt, lv

Attachment link: http://restart-bsr.eu/en/about

Videos / films

Finał Conference - Restart BSR [ENG]

Attachment type: link

Type of document: Video / film

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-11-24

Languages: en

Brochures / magazines / manuals

ACTIVE LISTENING

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: en

Attachment file: Download

BUSINESS MODEL CANVAS

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: en

Attachment file: Download

CYCLE OF RENEWAL (PERSONAL JOURNEY)

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: en

Attachment file: Download

DMAIC

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: en

Attachment file: Download

FINANCIAL SELF-CHECK

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: en

Attachment file: Download

FUTURE VISION

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: en

Attachment file: Download

LOTUS BLOSSOM

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: en

Attachment file: Download

PAST AND FUTURE RULER

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: en

Attachment file: Download

PERSONA

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: en

Attachment file: Download

UNIQUENESS

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: en

Attachment file: Download

VALUE SESSION

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: en

Attachment file: Download

WHY/GOLDEN CIRCLE

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: en

Attachment file: Download

DESIGN-DRIVEN INNOVATION - concept and tools that inspire business owners to shift from crisis towards sustainable innovation

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2020-05-31

Languages: en

Attachment file: Download

SUMMARY OF THE RESEARCH of the best European support, early warning and second-chance systems transferability in the Baltic Sea region countries

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2020-12-31

Languages: en

Attachment file: Download

REPORT of the 3rd Restart BSR project International learning seminar

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-09-16

Languages: en

Attachment file: Download

RestartBSR Manual 2021

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: en

Attachment file: Download

RESTART Baltic Sea Region - innovation tools, road maps & policy manual

Attachment type: file

Type of document: Brochure / magazine / manual

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-12-31

Languages: en

Attachment file: Download

Reports

Project Partner Report – Latvia

Attachment type: file

Type of document: Report

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2020-06-30

Languages: en

Attachment file: Download

1st Restart BSR project online International Learning seminar -21st April 2020

Attachment type: file

Type of document: Report

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2020-04-21

Languages: en

Attachment file: Download

REPORT of the 2nd Restart BSR project International learning seminar

Attachment type: file

Type of document: Report

Data source: http://restart-bsr.eu/en/about

Publication date: 2022-11-09

Document date: 2021-03-25

Languages: en

Attachment file: Download

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

Financing programme

2014 - 2020 INTERREG VB Baltic Sea

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

2023-06-16

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

200 / 200 (100%)

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

2 025 / 2 025 (100%)

Notes on the data

Information provided by the Programme. Achievements were retrieved by Interact from the Programme website (http://www.interreg-baltic.eu/home.html), or a website directly linked from it, on 2021-11-30.

Languages

Contact Form

Restart SMEs in the Baltic Sea Region

Description

Thematic information

Partners (6)

Partners map

Summary

Documents

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

Disclaimer