INSMEInsights on the 17th session of the INSMEAcademy

It is Time for Online Acceleration

New Times Require New Methods

A globalized world requires companies and intermediaries to engage customers in the most rapid way on a global scale rather than just a local one.

In the last session of the INSMEAcademy Mr. Mendelson, Managing Director of EAI 360 stated that many of the elements that compose the local eco-system (infrastructure, team, local stakeholders etc.) make it harder to broaden out the company’s marketing strategy in favour of a truly global outreach. As a result a growing need has been identified for a platform aggregating entrepreneurs and innovators from different countries and innovation backgrounds in a single place. To meet this need Mr. Mendelson lined out the possibility to benefit from the online semi-automated innovation ecosystem. By using virtual acceleration programmes, companies might:

• reduce time to market;
• improve products’ market fit;
• get mentoring services and benefit from different points of view regardless of the location;
• increase funding opportunities outside of the company’s scope;
• be engaged in a central location that aggregates worldwide entrepreneurs and innovators to share their experiences, knowledge and ideas;
• benefit from pitching opportunities in front of potential investors.

Learn more about the INSMEAcademy here.

Launch of the Italian Presidency of the Council of the European Union

After Greece, from the 1st of July Italy undertook the Presidency of the Council of the European Union.

The Lisbona Treaty in 2009 introduced a system called “trios”: the countries holding the presidency work in group of three to define a common agenda and long-term objectives for the 18 forthcoming months and each country defines its own six-months programme. In the last months Italy has closely collaborated with Latvia and Luxembourg to draw a common agenda. Based on this collaboration, Italian Prime Minister, Mr. Matteo Renzi, presented the programme of the Italian Presidency in the forthcoming six month.

With a special focus on the Europe 2020 Strategy the Italian Presidency intends to face one of the greatest European challenges that is to say to ensure that Europe is fully prepared to take part in the global economy. The Italian Presidency will make every possible effort to foster smart, sustainable and inclusive growth above all with a view to delivering more jobs. Additionally the Italian Presidency aims at strengthening the Economic and Monetary Union by deepening its economic and social dimension.

Fostering industrial competitiveness will be the third pillar at the centre of the Presidency's activity which aims at supporting small and medium enterprises that are considered the back-bone of the European economy.

The whole programme of the Italian presidency is available here.

Learn more about the Italian Presidency here.