Center for Business, Investment, and Export Support in Western Macedonia
About this good practice
The Center was established to address Western Macedonia's economic challenges, such as high unemployment, depopulation, and declining local entrepreneurship, worsened by de-lignification. A lack of structured support for early-stage investors was identified as a key barrier. In response, the Center aims to streamline investment processes, boost exports, and foster business growth, contributing to a more sustainable regional economy.
The Center combines regional structures (ANKO, the Regional Development Fund) with innovative tools like Geographic Information Systems (GIS) to identify viable investment opportunities and reduce bureaucratic hurdles. It helps businesses enter the European market by simplifying permit procedures and providing guidance through all stages of investment.
The Center serves as the first step for local companies to familiarize themselves with internationalization, preparing them for participation in EU R&I programs. Key stakeholders include the Regional Government of Western Macedonia, ANKO, and local businesses.
The primary beneficiaries are local entrepreneurs and investors, both domestic and international. The broader regional economy benefits through job creation, skilled labor retention, and investments in long-term economic resilience. The Center also links regional SMEs to internationalization activities and EU R&I opportunities, helping them expand and innovate.
Resources needed
The practices are funded through the JDT of Western Macedonia. Human resources, including experts in business development, legal support, GIS technology, and export assistance, are provided by ANKO. The business center operates with an annual budget about 100,000 euros and 20-25 FTE staff.
Evidence of success
The Center has accelerated investment processes and fostered business development in Western Macedonia. It has helped businesses attract investments, reduce bureaucratic delays, and expand internationally. GIS technology has facilitated access to investment opportunities, while collaboration with the Enterprise Europe Network (EEN) has supported SMEs with export resources. Several businesses engaged in internationalization and EU R&I programs, boosting innovation and competitiveness.
Potential for learning or transfer
This practice is relevant for regions facing economic challenges like high unemployment, depopulation, or lack of business support. Key success factors include strong regional collaboration, innovative technologies like GIS, and a hands-on approach to supporting investors. Challenges for transfer include the need for strong governance, funding availability (e.g., EU or national), and the ability to integrate multiple stakeholders. It could be transferred to regions in Southern or Eastern Europe undergoing post-industrial shifts or rural depopulation.
