Project – Startup Passion in Baltic Sea Region

the Programme: 2014 - 2020 INTERREG V-A Finland - Estonia - Latvia - Sweden (Central Baltic)


Description (EN): Need and common challenges The participating regions have limited resources and knowhow to support the creation of student based knowledge-intensive cross-border companies. Combining competences from several relevant higher education programmes, student populations and enterprise development agencies are needed. Entrepreneurial talent and ambition are rare in each participating region and joint actions within the Central Baltic states are needed to get critical enough mass of prospective company founders. It is recognized that the entrepreneurial career path is a viable avenue for employment in the times of economic restructuring. An attractive cross-border initiative is needed to get the best students to seriously take up international entreprenurship. Approach The perspective of European territorial and international entrepreneurship from the outset Attracting entrepreneurial talent into the region Cross-media coverage and international promotion of cross-border startup development process Parallel cross-border competence development both of new venture teams and of coaches and enterprise development agencies How the project is implemented The project was planned together with all the partners. Partners participate in almost all the activities jointly in order to achieve a genuine cross-border competences and coopertaion model which works also after the project Cross-border cooperation is needed to collect critical enough mass of complementary competences and utilize different national business cultures. Expected results 10-15 knowledge intensive cross-border companies and 5-6 cooperation agreements. International visibility of the student-based entrepreneurial ecosystem. Enhanced competence and network model for supporting the creation and growth of knowledge-intensive cross-border companies jointly by universities and enterprise development agencies and private actors.
Expected Results (EN): R1.1. Number of new joint or co-operating knowledge intensive enterprises
Expected Outputs (EN): 10-15 student-based knowledge intensive cross-border companies and 5-6 cooperation agreements. This result is what is measured under the relevant programme result indicator, ie. number of knowledge intensive cross-border companies. Established companies have also prepared export and expansion plans for the next few years. An interactive educational MOOC (massive online open course) on idea generation and entrepreneurship which continues to attract entrepreneurial talent into the Central Baltic region also after the project and which promotes Central Baltic as a technology intensive startup ecosystem in the world.Cross-media based international startup competition which attracts investors to the Central Baltic region and facilitates cross-border networking of other enablers of the startup ecosystem in the region.

Thematic Information

Thematics: Institutional cooperation and cooperation networks  SME and entrepreneurship  
Specific Objective: New Central Baltic knowledge intensive companies
Thematic Objective: (3) enhancing the competitiveness of SMEs by:
Investment Priority: (3a) promoting entrepreneurship, in particular by facilitating the economic exploitation of new ideas and fostering the creation of new firms, including through business incubators

Project Summary

Project name (EN): Startup Passion in Baltic Sea Region
Project acronym: STARPABS

Period: 2014-2020
Date of latest update: 2016-12-22


Project start date: 2015-09-01
Project end date: 2019-08-31
Project status: Ongoing

Total budget/expenditure: EUR 1.761.262,00
European Union funding: EUR 1.392.072,70

Project documents

No outputs available yet.

Partners Data

Lead Partner (EN): Cursor Oy, Kotka-Hamina Regional Development Company
Lead Partner: Cursor Oy, Kotka-Hamina Regional Development Company
Address: Kyminlinnantie, Kotka, Finland
Legal status: public

Department: Leadership and Entrepreneurship
Address: Pääskysentie, Kotka, Finland
Legal status: public
Department: Entrepreneurship Support Centre
Address: Strelnieku street, Riga, Latvia
Legal status: private
Department: Baltic Film and Media School, Knowledge Transfer Centre
Address: Narva mnt 25, Tallinn, Estonia
Legal status: public

Partners Location

  Lead Partner     Project Partner  


Serial number: 2
Start date: 2014-12-18
End date: 2015-06-18
Budget: EUR 0,00