Project - Rye Connect


Description (EN): RYE Connect will provide better transnational business opportunities, services and solutions for young entrepreneurs inside the whole NPA region. This will be achieved by developing a wide Associate Network working closely together, in a geographically intelligently managed model of a leaner partnership. Project partners come from Finland, Northern Ireland and Greenland, each working as a centre point for their associates and actions. The practical tools and methods developed and used in this project are based on the knowledge and best practice of the previous RYE project (Rural Youth Entrepreneurship). An interactive enterprise support platform (ESP) will be developed, through which vital support and knowledge transfer will be available to all including an interactive pitching portal that allows investors to find interesting business ideas from any corner of the NPA region. The support packages and workshops delivered, will be divided so that they effectively support businesses in different phases and needs i.e. pre-start, start, growth and turn-around. Key business fundamentals will be delivered through online mentoring and innovative workshops developing young people in the NPA region into ‘young entrepreneurs’. By setting up a transnational network and an innovative business support system, this project will provide support to new and existing small businesses and will promote an entrepreneurial culture through all that it does. It will encourage entrepreneurship directly within young people and networking actions with other organisations.
Expected Results (EN): Conditions for start-ups in remote, sparsely populated areas
Expected Outputs (EN): • Transnational “Enterprise Support Platform” to support Start Up, Growth (including export) and Turn-around, • Better transnational business opportunities and networks for young people inside the NPA region, • A associate network with NPA wide outreach, • An active investor network solution to support innovations and growth in the northern periphery and arctic.

Thematic Information

Thematics: Institutional cooperation and cooperation networks  Rural and peripheral development  SME and entrepreneurship  
Specific Objective: Improved support systems tailored for start-ups and existing SMEs in remote and sparsely populated areas
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): Rye Connect
Project acronym: Rye Connect

Period: 2014-2020
Date of latest update: 2019-06-01


Project start date: 2015-04-15
Project end date: 2018-04-14
Project status: Closed

Total budget/expenditure: EUR 1.821.852,17
European Union funding: EUR 1.184.118,23

Project documents

The documents below were published as mentioned in field "Data source" (attached to each document). users are free to use these documents as long as the data source and are mentioned.

Link to Business Portal
Type of document: Website / webtool / webforum / cooperation platformDate of the document: Not availableDate of publication in 2018-07-12Language of the document: English

Video Rural Youth Entrepreneurship
Type of document: Date of the document: Not availableDate of publication in 2018-09-26

Partners Data

Lead Partner (EN): Kajaani University of applied sciences
Lead Partner: Kajaanin ammattikorkeakoulu
Department: Business & Innovations
Address: Ketunpolku, Kajaani, Finland
Legal status: public

Address: Sloefield Business Park, Sloefield Drive, Carrickfergus, United Kingdom
Legal status: public
Address: Qullilerfik, Nuuk, Greenland
Legal status: public
Address: 17 loy Street, Cookstown, United Kingdom
Legal status: public

Partners Location

  Lead Partner     Project Partner