Project – Baltic Entrepreneurship Laboratories

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


Description (EN): Smart city development concept aims to find integrated solutions to the sustainability challenges requiring new ways of collaboration and more integrated business support. New open innovation co-creative methods are efficient tools to combine and turn innovative ideas into business and utilize the international mix of knowhow and talents in the process.   BELT focuses on developing joint and cooperating business opportunities under the theme of “Smart City”, which is a priority at the EU-level and many regional innovation policies to support cross-sectoral “smart innovations”. BELT organizes road shows in universities of each partner location to attract entrepreneurship oriented, already experienced and talented students as well as potential start-ups to the project incubator activities. BELT organizes in each partner location joint business development BootCamps and joint coaching that will help the students to develop a viable path to commercialize their business ideas as well as connect students and start-ups to look for additional team members across borders, develop and commerzialise smart business ideas with them. Partners together with external business experts, business angels and academic representatives will facilitate the BootCamps. More specific themes of BootCamps will be selected based on the interests of final selected participants. A coaching network will be created to offer business coaching for established joint teams and best co-operating business ideas from BootCamps to help them find seed funding for their businesses.  The project will result in at least 5 joint and 10 co-operating knowledge intensive enterprises. The project will support 30 new knowledge intensive enterprises in the Central Baltic region. 
Expected Results (EN): R1.1. Number of new joint or co-operating knowledge intensive enterprises
Expected Outputs (EN): The project will result in altogether at least 5 joint and 10 co-operating knowledge intensive enterprises.

Thematic Information

Thematics: 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): Baltic Entrepreneurship Laboratories
Project acronym: BELT

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


Project start date: 2015-10-01
Project end date: 2018-09-30
Project status: Ongoing

Total budget/expenditure: EUR 1.101.851,33
European Union funding: EUR 843.907,25

Project documents

No outputs available yet.

Partners Data

Lead Partner (EN): The Baltic Institute of Finland
Lead Partner: The Baltic Institute of Finland
Address: Nalkalankatu 12, Tampere, Finland
Legal status: public

Address: Skolas Street 11, Riga, Latvia
Legal status: private
Address: Kalku iela, Riga, Latvia
Legal status: public
Address: Kaļķu Street, Riga, Latvia
Legal status: private
Address: Väinö Linnan aukio 15, Tampere, Finland
Legal status: private
Address: Laxholmstorget 3, Norrköping, Sweden
Legal status: private
Address: Laxholmatorget, Norrköping, Sweden
Legal status: private
Address: Ratatie 22, Vantaa, Finland
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