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.
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.
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.