The INSME Association
The next session of the
"How to Manage Innovation Processes Successfully -
Insights for Young Entrepreneurs, Start-ups and Diaspora"
will be held on the 29th of September 2015 from 1 p.m. to 3 p.m. CEST
The webinar will be an in-depth follow up on the Training on innovation and entrepreneurship for start-ups, young entrepreneurs/women and diaspora organized within the frame of the EUROMEDInvest project.
The INSME Team is looking forward to welcoming you on the online platform!
News from INSME
You are invited to share, develop and discuss ideas, projects, hints and your visions on innovation for the benefit of Small and Medium Enterprises!
- High School students learn to co-create solutions to Worcester, Massachusetts (USA) transportation problems
- Innovation Management for Sustainable Growth: the case of Koza Yönetim, the IMP3rove award winner of 2014
- Protecting your business in Singapore
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UNECE Committee on Innovation, Competitiveness and Public-Private Partnerships
2 - 4 September 2015
Organized by UNECE
2015 UNESCO - WTA International Training Workshop
22 - 25 September 2015
Organized by UNESCO, WTA & Daejeon Metropolitan City
14-16 October 2015
Organized by Hainaut Developpement, the Chamber of Commerce and the Exporters' Club of Belgian Province of Luxembourg, SPI, BEP and in partnership with AWEX
- Picks in the News
Big Booster is an international acceleration startup program developed by the Fondation pour l'Université de Lyon (France) in cooperation with Boston Mass Challenge acceleration programme (USA) with the support of several major international companies.The programme addresses start-ups located in Europe, Middle East or Africa which are developing innovative solutions in the following sectors: Health, Environment and Digital.Selected euromediterranean startups will benefit from an intensive six month acceleration programme developed between Lyon and Boston.In particular the acceleration programme will include:
The application will close on the 20th of September 2015.
- A bootcamp in Lyon, with an international approach to develop relationship between startups and decision makers such as key accounts, investors, successful entrepreneurs);
- A mentorship scheme;
- A bootcamp in Boston, with US experts;
- €100.000 award to the 3 finalists.
The Vulcanus in Europe programme offers a Japanese student an 8-month traineeship within a EU company providing a valuable addition to the workforce and the trainee with the experience of a lifetime.
The initiative was launched by the European Commission and the Japanese Ministry of Economy, Trade and Industry (METI) with the purpose of contributing to the improvement and stimulation of industrial cooperation and of improving mutual understanding between Japan and the European Union. The EU-Japan Centre for Industrial Cooperation (INSME Member from Japan) is responsible for the actual organisation of the programme.
All companies in the industrial sector within the EU are eligible to apply for the Vulcanus in Europe programme, whether or not they already have established business contacts with Japan.
The company will be responsible for covering the following costs:
- a contribution of € 6,600, to be paid to the EU-Japan Centre;
- national taxes & costs linked with wages, visas, work permits, if applicable.
The deadline for applications is the 23rd of September 2015.
EIF Working Paper n. 29: The Economic Impact of EU Guarantees on Credit to SMEs – Evidence from CESEE Countries
The European Investment Fund (INSME Member) has just released its 29 working paper on “The Economic Impact of EU Guarantees on Credit to SMEs – Evidence from CESEE Countries“ which is a joint paper with the European Commission, building on a joint project in the framework of the so-called Vienna initiative.
In particular EIF carried out an impact assessment of the EU SME Guarantee Facility (SMEG)'s loan window under the Multi-Annual Programme for Enterprise and Entrepreneurship, and in particular for Small and Medium-sized Enterprises (MAP), focusing on Central, Eastern and Southeastern Europe countries' beneficiaries. The loan window of the MAP guarantee facility for SMEs provided guarantees on loans to borrowers by covering a share of the default risk of the loan. Financial intermediaries participating in the SMEG MAP were public and mutual guarantee institutions, as well as microfinance institutions and commercial or publicly-owned or controlled banks.
The paper shows that the EU SME Guarantee Facility in the CESEE region had a positive impact on firms’ employment: indeed beneficiary firms increased their workforce by 17.3% compared to control groups, within the first 5 years from the issuance of the loan. By the 5th year from the signature date, MAP beneficiaries also increased their turnover by 19.6% compared to non-beneficiaries firms. However, MAP beneficiaries tackled a temporary slowing down in productivity, probably mainly due to allocative inefficiencies following the MAP-induced increase in their production factors.
IMP³rove (INSME Member from Germany) – the European Innovation Management Academy has launched the International IMP³rove Award 2015, which aims to highlight and promote leading management practices for innovation management.
The Award will be granted to organizations that have demonstrated impressive sustainable growth based on systematic innovation management. Companies of all sizes and at least 5 years in business that grow profitably from innovative products, services, processes, organizational or business models are eligible to participate in the International IMP³rove Award.
The winner will enjoy international visibility as innovation champion in the media, on the IMP³rove Academy and A.T. Kearney websites as well as during the Turkish Innovation Week and will win an exclusive full-day innovation management workshop with an internationally re-known expert.
The deadline for submission is the 30th of September 2015.