ACCELERATOR Developing accelerators to provide better access to innovation finance for SMEs
Innovative SMEs in all participating regions of ACCELERATOR are hindered by access to equity particularly in their early stage development. Thus ACCELERATOR engages in exploring and piloting the innovative path of acceleration programmes (a new type of investment readiness programme) towards improved business support in the Danube region. ACCELERATOR’S main objective is to enhance access to innovation finance through improving the institutional framework conditions and related policy instruments by developing the practical solution of acceleration services and influencing the concerned strategic framework at partner’s regions and programme level. The primary target group is SMEs in need of capital but lacking skills to acquire it. Secondly we target business support organisations at which new and improved acceleration services will be bedded and we link these organisations through a Danube-region transnational network. Third we concentrate on integrating equity financing institutions in regional innovation ecosystems. Last the integration of the public sector is highly relevant for us due to increasing attention to equity programmes from ESIF sources. Our approach has strong transnational dimension: beyond the transnational network mentioned above, regions with well performing innovation systems and partners with successful acceleration schemes will assist weaker regions or partners with limited experience, in addition joint actions will be triggered. ACCELERATOR results in introduced acceleration programmes at less experienced partners and improved acc. programmes at experienced partners. This embodies ACCELERATOR’s expected change defined as higher number and better acc. services. The partnership actively integrates public bodies to channel joint policy recommendations on facilitating the spread of acceleration services and works out a joint strategy on the promotion of acceleration services and on their integration in ESIF measures in the Danube region.
- Start date
- 01-01-2017
- End date
- 30-06-2019
- Budget in Euro
- Overall: 1966163,42
- ERDF Contribution: 1359291,64
- IPA Contribution: 311947,23
- ENI Contribution: 0
- Call number
- Call 1
- Priority
- Innovative and socially responsible Danube region
- Specific objective
- Improve framework conditions for innovation
Library
| Filename | Date of upload | |
|---|---|---|
| Output 2.1 Final Brochure | 24-10-2019 10:02:16 | |
| Output 2.1 Infographics | 24-10-2019 10:00:47 | |
| Output 5.3 Joint Strategy | 24-10-2019 09:46:52 | |
| Output 5.3 Joint Recommendations | 24-10-2019 09:41:10 | |
| Output 5.3 Accelerator Partnership Agreement | 24-10-2019 09:40:24 | |
Project Partners
| Name | Type | Country | |
|---|---|---|---|
| Széchenyi Venture Capital Fund Management Ltd. | Lead partner | kiraly.gyongyi@szta.hu | Hungary |
| Association of Small- and Medium Size Enterprises of Covasna County ASIMCOV | ERDF partner | asimcov@asimcov.ro | Romania |
| Technology Park Ljubljana Ltd. | ERDF partner | Mojca.cvirn@tp-lj.si | Slovenia |
| Institute for Entrepreneurship Research | ERDF partner | jure.verhovnik@irp.si | Slovenia |
| Technology Center Sofia Ltd. | ERDF partner | office@technologycenter.bg | Bulgaria |
Project News
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ACCELERATOR - SHORT VIDEO ABOUT THE results OF THE ACCELERATOR PROJECT
- 27-06-2019
On the link below you can find a short video about the results of the ACCELERATOR project. https://www.youtube.com/watch?v=etJLBEbfY-8
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ACCELERATOR - Final dissemination event of the project in Budapest
- 27-06-2019
The Partnership held the final event of the project – which was organized by the Central-Transdanubian Regional Innovation Agency –, with more than 130 participants on 28-29th May. On the first day, the parts of the program focused more on the...
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ACCELERATOR - ACCELERATOR - 10TH WORKING GROUP & 6TH STEERING COMMITTEE MEETING IN BUDAPEST
- 27-06-2019
At 28th May 2019, the partnership held its 10th and last Working Group & 6th Steering Committee meeting in Budapest, Hungary. The scheduling of the meeting was as follows: Joint monitoring and evaluation of pilots, and improvement of Output 3.3...
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ACCELERATOR - 2nd brochure of the project
- 27-06-2019
The 2nd brochure of the project, which includes basic project information, the results of the project and common recommendations from the Partnership is available here: http://www.kdriu.hu/files/KDRIU_Accelerator_brosura_2019_HUN.pdf
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ACCELERATOR - The Serbian Pilot
- 22-06-2019
Development agency of Serbia is probably the first institution in Serbia that implemented acceleration program. The focus of the pilot was on the IT and creative industries. By having in mind that a pilot project was not feasible to include whole...
