ATtracting and connecting innovation ecosystem actors for international co-investments in advanced TRACTION of deep-tech companies from Wielkopolska, Lithuania and Andalusia.

European Innovation EcosystemsHORIZON-CSAID: 101114023
EC Contribution
€11,493
Consortium Size
8 orgs
Start Year
2023
β–ΆSummary

Assumptions:- There are many incubation and acceleration programmes in β€˜modest’ and β€˜moderate’ innovation ecosystems, however there is much fewer investors operating there as well the volume of capital available and actors of innovation ecosystems are not well connected- The potential investors (capital and industry) need relationships of trust with locally-based co-investors of smaller scale that would help them with the local deal flow as well as regulation guidance- The start-up ecosystems all over the world are oriented toward speed exits, which does not favour deep-tech start-ups, that need more time for development- Even the vibrant start-up hubs in Europe have problems in creation of deep-tech deal flowObjectives of atTRACTION:1. To connect the ecosystems in Wielkopolska, Lithuania and Andalusia to strong innovation networks of Germany and France and:- stimulate cross-fertilisation effects through best practice sharing and learning by cooperation- syndicate a curated pipeline and portfolio of companies at different funding stages to create joint, syndicated, thematically focused deal flows that attract international investors- boost existing support programmes of business acceleration providers 2. To create investment opportunities for society-relevant deep-tech solutions: twin transition and health-tech, IOT& AI for social challengesProject idea:- Attraction and connection of existing acceleration initiatives and investment networks from the participating areas- Development of durable international relationships through concrete actions, i.e. pilot acceleration programs oriented on society needs solutions stemming from R&D- Joint activities increasing the level of trust among investors and founders from less connected ecosystems- Create syndicated, international deal flows in selected category of technologies- Boost co-investments in less connected regions- Support start-ups diversity backgrounds founders (women, migrants founders)

Consortium (8)