A cross-border business acceleration process is needed to be able to compete with regions with stronger startup scene. The Springboard project supports the development of new joint and co-operating knowledge-intensive startups springing up of the shared smart specialization strengths of the participating regions (ICT, cleantech and healthtech).
The project provides its target group a supported path towards entrepreneurship by implementing three joint 10-week business acceleration programs and coaching of the most potential teams. Targeted B2B matchmaking activities will also be organized in order to support already established early-stage companies. By combining expertise across borders, it is easier to find potential business ideas and to establish globally competitive joint teams with versatile know-how and experience.
The main result of the Springboard project is an increased capacity to produce international startups in the Central Baltic region, which includes the enhanced support in the process of turning university-based business ideas to viable businesses and fostering of cross-border cooperation in the early stage of business development. The Springboard will achieve 15 new joint or co-operating knowledge intensive Central Baltic companies aiming for rapid growth. Central Baltic Startup Springboard supports the development of new startups in Turku, Tallinn and Riga and their cross-border collaboration. Total budget for the project is 1.338.502 EUR of which 1.078.053 ERDF. Project period: 01.11.2015-31.01.2018
|Turku Science Park Oy|
|SA Tallinna Teaduspark Tehnopol|
|Latvijas Tehnoloģiskais parks|
|Rīgas Tehniskā universitāte|
- Three joint accelerator programmes in Riga, Tallinn and Turku with a total of
- 82 start-up teams/companies (goal 45–90)
- 214 team members (goal 150)
- 18 registered co-operative companies (goal 15)
- of which 4 joint companies (goal 2–4)