Innova Foster
Fostering startup & innovation ecosystems in Europe
Smart
SME competitiveness
2014-2020
Project summary
Innova Foster aims at leveraging startups (scalable, high-potential SMEs with less than 5 years of life) growth through their engagement into the innovation processes at local or regional level and improving their role as regional and industry innovation providers in seven European regions.
As the EU2020 Strategy underlines startups are flourishing in Europe generating growth, employment and innovative services.
Therefore, the main objective of Innova Foster project is to:
"Traditional boundaries between manufacturing and services are increasingly being blurred and the success of industry depends very much on innovative services but regional and industrial development policies and tools still do not often take sufficient account of these changes.”
(Antonio Tajani)
- identify,
- share examples, ideas, solution,
- tailor them to regional and local needs based on strengths,
- implement action plans,
- improve regional policies,
- serve as documented cases for analysis to other European regions and cities.
What did this project achieve?
Innova Foster will include interregional visits, local stakeholders engagement and joint research into improvement of regional and local policies and programmes to support the growth of high-potential SMEs to make them ramp-up, growth and get global.
All partners will identify, analyse, exchange knowledge, the best and worst practices about regional situation of startups and innovation ecosystems and will end up with its own policy-mix on an inward-looking process and benchmarking.
The action plans will be implemented as demonstrators, de-risking the development and scale-up of novel service systems, encouraging engagement with stakeholders and users, sharing experience across Europe and identifying clusters of expertise and opportunities for partnership.
A few numbers
1,167,148 €
01 Jan 2017-31 Dec 2020
7 partners