Co-financing promotional activities of SMEs Internationalisation Consortia
Published on 18 September 2018
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Italy
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About this good practice
Regional co-financing of yearly promotional projects submitted by Internationalisation Consortia for penetrating foreign target markets by member SMEs
Resources needed
About 2 million euro/year were used to co-finance 18 promotional projects in 2014, 2015 and 2016. Amount of co-financing: 40% of eligible costs, from 30,000 up to 150,000 euro per promotional project/consortium.
Evidence of success
The Consortia have lasted over time: the oldest is more than 30 years old. They changed members and governance, programs, players, but they proved to be valuable tools for SMEs over the years.
From 2014 to 2016: 52 projects submitted by as many consortia and approved. Total amount of eligible expenses: 22,951,340. Regional contribution: 5,857,671 (25.5%)
From 2014 to 2016: 52 projects submitted by as many consortia and approved. Total amount of eligible expenses: 22,951,340. Regional contribution: 5,857,671 (25.5%)
Potential for learning or transfer
"Union is strenght".
The experience of export/internationalisation Consortia has a high level of replicability, both for its organizational model and for the internationalisation method tailored on SME’s needs. Promotional programs developed by Consortia follow market trends producing continuous innovation. The model of Consortium is simple both to explain and to study, and it is usually considered extremely fascinating for people and institutions that are interested in. Consortia is a mean to develop international relationship with institutions, associations, and other networks of companies and could easily be transformed in b2b international relationships. Costs for the internationalization process and growth on foreign markets are shared among SMEs while maintaining own identities.
The experience of export/internationalisation Consortia has a high level of replicability, both for its organizational model and for the internationalisation method tailored on SME’s needs. Promotional programs developed by Consortia follow market trends producing continuous innovation. The model of Consortium is simple both to explain and to study, and it is usually considered extremely fascinating for people and institutions that are interested in. Consortia is a mean to develop international relationship with institutions, associations, and other networks of companies and could easily be transformed in b2b international relationships. Costs for the internationalization process and growth on foreign markets are shared among SMEs while maintaining own identities.
Further information
Website
Good practice owner
Organisation
Ervet
![Country flag flag](/themes/custom/interreg/images/flags/it.png)
Italy
Emilia-Romagna
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