Single CBR Home market

Programme 2007 - 2013 Central Baltic (FI-SE-EE-LA)

Date of latest update: 2025-07-05

Description

Description (EN):

In order to increase regional competitiveness, CBR needs innovative, born-global SMEs who develop their ideas not only on a local but also on international level. Home market project aims to enlarge the market where SMEs operate from the local country level to whole CBR market so that the region is viewed as one single market. Currently each country individually tries to increase its competitiveness and stimulate enterpreneurship -with the project we aim to do it on a CBR level to strengthen the whole region. The project activities are summarised in three main sections: 1) Removal of political, legislative, psyhological barriers to foster cross-border co-operation and internationalisation of businesses; 2) Nomination of innovative SMEs, preparing them for investors' forum to attract finances and partners for their business idea; and 3) Creating the system for cross-border business incubation and international partner search which is easily accessible for SMEs withing CBR. The first section consists of studies&research, surveys and conference aimed to understand the current level of SMEs internationalisation in CBR, cross border expansion prejudices in CBR countries and work towards eliminating the barriers by creating a political support and interest among business community. It also includes business trainings about cross-border business particularities. Second set of activities include origination and nomination of the companies eligible to participate in investors forum, pitch-training for them, approaching investors in various international events, organising investors' forums where companies have the opportunity to present their business idea and attract financing within CBR. The next set of activities include development of network of regional business incubators and innovation centers with common rules how regional SMEs may be incubated in other CBR country. The project partners will work together on developing guidelines for regional cross-border incubation system and implementation of cross-border incubation pilot projects amongst participating business incubator companies. As part of cross-border incubation, the project will create a system for cross-border partner search within CBR network. We have planned the communication activities for the project target groups in order to spread the information about the project and make it attractive for SMEs. Once the system is created it will continue to operate also after the project ends.

Achievements (EN):

The Home Market project had the aim of enlarging the market where SMEs operate from local level to the level of the entire Central Baltic region, in order to unite the region so that it is viewed as one single market area. To reach this aim, the project partners conducted studies to identify the opportunities and shortcomings related to the investment environment by trying to remove the political, legislative and psychological barriers. A large part of this consisted of developing the guidelines for a regional cross-border incubation system and implementing the pilot projects amongst participating business incubator companies. Ultimately, the project created a platform for cross-border partner search in the Central Baltic region.

Website: http://projects.centralbaltic.eu/

Thematic information

Innovation capacity and awareness-raising Clustering and economic cooperation SME and entrepreneurship

Partners (9)

Lead Partner: Latvijas Investīciju un attīstības aģentūra

Address: 2 Perses street, LV 1422 Riga, Latvia

Legal status: n/a

Valmieras Biznesa un inovāciju inkubators

Name: Valmieras Biznesa un inovāciju inkubators

Address: Purva 12, LV-4201 Valmiera, Latvia

Legal status: n/a

Valst s reģionālās attīstības aģentūra

Name: Valst s reģionālās attīstības aģentūra

Address: Elizabetes 19, LV-1010 Riga, Latvia

Legal status: n/a

Seed Forum Latvia nodibinājums

Name: Seed Forum Latvia nodibinājums

Address: Zigfrīda Annas Meierovica bulvāris 16 , LV-1050 Riga, Latvia

Legal status: n/a

Biedrība KBI

Name: Biedrība KBI

Address: Vecā ostmala 40, LV-3401 Liepaja, Latvia

Legal status: n/a

Aalto-korkeakoulusäätiö, Aalto-yliopiston kauppakorkeakoulu, Pienyrityskeskus

Name: Aalto-korkeakoulusäätiö, Aalto-yliopiston kauppakorkeakoulu, Pienyrityskeskus

Address: Arkadiankatu 28, 15100 Helsinki, Finland

Legal status: n/a

Tallinna Teaduspark Tehnopol SA

Name: Tallinna Teaduspark Tehnopol SA

Address: Mäealuse st. 4, 12618 Tallinn, Estonia

Legal status: n/a

Arengufond

Name: Arengufond

Address: Tornimae 5, 10145 Tallinn, Estonia

Legal status: n/a

Sihtasutus Seed Forum Eesti

Name: Sihtasutus Seed Forum Eesti

Address: Viru 4, 10140 Tallinn, Estonia

Legal status: n/a

Partners map

Partners and Projects info

Valmieras biznesa un inovāciju inkubātors

Single CBR Home market

Partners and Projects info

Valst s reģionālās attīstības aģentūra

Single CBR Home market

Partners and Projects info

Seed Forum Latvia nodibinājums

Single CBR Home market

Partners and Projects info

Latvijas investīciju un attīstības aģentūra

Single CBR Home market

Partners and Projects info

Biedrība KBI

Single CBR Home market

Partners and Projects info

Aalto-korkeakoulusäätiö, Aalto-yliopiston kauppakorkeakoulu, Pienyrityskeskus

Single CBR Home market

Partners and Projects info

Foundation Tallinn Science Park TEHNOPOL

Single CBR Home market

Partners and Projects info

Arengufond

Single CBR Home market

Partners and Projects info

Sihtasutus Seed Forum Eesti

Single CBR Home market

Lead partner

Project partner

Summary

Project name (EN): Single CBR Home market

Project acronym: Home market

Project start date: 2011-08-01

Project end date: 2013-12-01

Project status: closed

Total budget/expenditure: EUR 1 748 129.00

Total EU funding (amount): EUR 1 351 413.00

Co-financing sources:

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

Financing programme

2007 - 2013 Central Baltic (FI-SE-EE-LA)

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

2014-09-01

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

122 / 122 (100%)

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

672 / 672 (100%)

Notes on the data

Information provided by the Programme

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Single CBR Home market

Description

Thematic information

Partners (9)

Partners map

Summary

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

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