Under this priority, the programme has one specific objective:
Specific objective (iii):
Enhancing sustainable growth and competitiveness of SMEs and job creation in SMEs, including by productive investments.
This priority focuses on the SMEs’ growth by helping them take up innovation as well as smart and green transformation using the created networks and connections in the cross-border business community. Innovation is a key driver of competitiveness and economic growth.
EXAMPLES OF POSSIBLE ACTIVITIES:
NB! The activities must be considered in the context of the specific objective’s requirements.
- Clustering, networking, mentoring and practical (joint) training activities for raising the capacity of SMEs to introduce innovation in product development. Implementing the gained knowledge.
- Joint innovation and development in product/service development/improvement (including studies, existing research-based development process, prototyping).
- Joint marketing to reach new export markets, including market research, attending trade fairs etc.
- Development of cross-border cluster cooperation.
- Joint activities for technology and/or green transfer and introducing innovation in SMEs.
- Collaboration and experience exchange in science-industry technology transfer and joint R&D, mapping scientific services and equipment available for companies in Latvia and Estonia, promotion of cross-border knowledge and technology transfer activities.
- Finding and implementing joint digitalization solutions, e.g., taking up new software, data digitation, digital technologies, AI, automation, robotics etc,
- etc.
Please read the Programme Manual for more information on the specific objective's requirements
Potential Applicants and Beneficiaries
- the umbrella organisations supporting SME innovation,
- the SMEs with innovation potential and financial capacity,
- the competence centres and thematic umbrella organisations with capacity to facilitate knowledge transfer to the SMEs in the programme area.
