CENTRAL BALTIC "SOFT LANDING" ZONE FOR SMALL AND MEDIUM SIZE COMPANIES

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

Date of latest update: 2021-04-06

Description

Description (EN):

In order to improve the overall economical competitiveness and to support internal harmonization of the Central Baltic (CB) region (SWE, FIN, LV and EST) joint concept for cooperation and expansion of local SME-s must be created. It is crucial to prepare the companies for entering (and help them to determine their readiness for) other CB markets. After the respective decision is made by a firm, there are still many difficulties to face: language and cultural barriers, features of intellectual property protection, finding partners, marketing, handling governmental regulations, taxation and accounting, etc. The best and most natural way to support these companies is to use the business incubators and technology/science parks as the first entry points in order to help the companies achieve a “soft landing” to the markets of CB region. Therefore one of the main outcomes of the project is a joint support model to prepare the local companies for expansion into other CB markets through combination of activities: conducting market research, consultation services (market positioning, partner search etc), organizing international brokerage events, joint trainings, seminars and exhibition exchange. Through the model, the companies will receive a clear vision of the risks/opportunities to enter other CB markets. The other main objective of the project is to increase the chances of success and reduce the overall risks for companies from other countries, entering national markets of CB region, through joint developing and piloting of the "soft landing" service package. It will help companies face the difficulties that are common while entering foreign markets.

Achievements (EN):

The SMEDGE project aimed at developing useful service packages helping the SMEs to enter foreign markets faster and more cost efficiently in the Central Baltic region. The project developed a soft landing services model consisting of a combination of various internationalisation activities: trainings, market research, brokerage events, joint seminars and consultation services, etc. The development was done by cooperating with SMEs interested in expanding their business abroad. The activities support the companies in determining if they are ready to enter the foreign markets, thereby allowing them to spend their international expansion capital more effectively. As a part of the development process, the project also organised workshops with business incubators and technology/science parks to develop the model and distribute it further.

Website: http://www.tehnopol.ee

Thematic information

Clustering and economic cooperation New products and services SME and entrepreneurship

Partners (6)

Lead Partner: Tallinn Science Park Tehnopol

Address: Mäealuse 4, 12618 Tallinn, Estonia

Legal status: n/a

Latvijas Tehnoloģiskais centrs

Name: Latvijas Tehnoloģiskais centrs

Address: Aizkraukles iela 21, LV-1006 Riga, Latvia

Legal status: n/a

Aalto-yliopiston korkeakoulusäätiö, Kauppakorkeakoulu, Pienyrityskeskus

Name: Aalto-yliopiston korkeakoulusäätiö, Kauppakorkeakoulu, Pienyrityskeskus

Address: str. Arkadiankatu 28, mail address , 00100 Helsinki, Finland

Legal status: n/a

Suomen Humanistinen Ammattikorkeakoulu Oy

Name: Suomen Humanistinen Ammattikorkeakoulu Oy

Address: Annankatu 12 A 17, 00120 Helsinki, Finland

Legal status: n/a

Mjärdevi Science Park

Name: Mjärdevi Science Park

Address: Teknikringen 10, 58330 Linköping, Sweden

Legal status: n/a

Ettevõtluse Toetamise ja Krediidi Haldamise SA

Name: Ettevõtluse Toetamise ja Krediidi Haldamise SA

Address: Suur-Sõjamäe 10A, 11415 Tallinn, Estonia

Legal status: n/a

Partners map

Lead partner

Project partner

Summary

Project name (EN): CENTRAL BALTIC "SOFT LANDING" ZONE FOR SMALL AND MEDIUM SIZE COMPANIES

Project acronym: SMEDGE

Project start date: 2009-03-01

Project end date: 2011-10-01

Project status: closed

Total budget/expenditure: EUR 961 792.00

Total EU funding (amount): EUR 769 110.00

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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CENTRAL BALTIC "SOFT LANDING" ZONE FOR SMALL AND MEDIUM SIZE COMPANIES

Description

Thematic information

Partners (6)

Partners map

Summary

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

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