INCOOVA
Published on 05 March 2020
Spain
Región de Murcia
This is the good practice's implementation level. It can be national, regional or local.
About this good practice
The participants in the project are:
Entrepreneurs who want to create innovative products and/or services which have the creation and development of a sustainable company among their short-term objectives. This new company will respond to the challenges and innovations raised by companies and association partners.
Companies with a demand for new products and services
Companies from different sectors provide ideas to develop solutions to latent needs in their business environments. These business challenges will constitute the market niche that the teams of entrepreneurs will work and develop as a business model to respond through the creation of a new company.
The methodology of the project has been:
a. Collection of registrations, selection and training in skills.
b. Accommodation: in our co-working space, located on the 1st floor of the CROEM building.
c. Training in skills, relational capital and specific business management.
d. Advice and mentoring from professionals, as well as from the participating companies and associations that have formulated the challenges.
e. Networking between teams, other entrepreneurs, companies etc.
Validation of models through participating companies and associations. Presentation of a minimum viable product or service: prototyping and verification by the partner company.
Entrepreneurs who want to create innovative products and/or services which have the creation and development of a sustainable company among their short-term objectives. This new company will respond to the challenges and innovations raised by companies and association partners.
Companies with a demand for new products and services
Companies from different sectors provide ideas to develop solutions to latent needs in their business environments. These business challenges will constitute the market niche that the teams of entrepreneurs will work and develop as a business model to respond through the creation of a new company.
The methodology of the project has been:
a. Collection of registrations, selection and training in skills.
b. Accommodation: in our co-working space, located on the 1st floor of the CROEM building.
c. Training in skills, relational capital and specific business management.
d. Advice and mentoring from professionals, as well as from the participating companies and associations that have formulated the challenges.
e. Networking between teams, other entrepreneurs, companies etc.
Validation of models through participating companies and associations. Presentation of a minimum viable product or service: prototyping and verification by the partner company.
Expert opinion
Starting a company is tricky if you do not have a good idea for a business of your own. The INCOOVA programme helps to identify real problems/needs/demands of existing companies and then forms innovative entrepreneurial teams around these challenges so that they can start brainstorming solutions that are needed and establish a company to fill that need on the market. Practice such as this are promising as they deal with a concrete need and they bring companies together with people who might have the skills or ideas to resolve them. Similar concepts have also been used in other regions:
RESOLUTIONS (France) – in the first phase the needs of mature business are identified in the first phase. In the second phase start-ups and other actors can offer their solutions.
https://www.interregeurope.eu/policylearning/good-practices/item/2613/resolutions/
BIND 4.0 (Spain) - large companies provide challenges and contracts to accelerated companies. https://www.interregeurope.eu/policylearning/good-practices/item/1374/bind4-0/
PLUS programme (Denmark) – traditional industry presents their challenges to CCI representatives.
https://www.interregeurope.eu/policylearning/good-practices/item/3054/plus-programme/
RESOLUTIONS (France) – in the first phase the needs of mature business are identified in the first phase. In the second phase start-ups and other actors can offer their solutions.
https://www.interregeurope.eu/policylearning/good-practices/item/2613/resolutions/
BIND 4.0 (Spain) - large companies provide challenges and contracts to accelerated companies. https://www.interregeurope.eu/policylearning/good-practices/item/1374/bind4-0/
PLUS programme (Denmark) – traditional industry presents their challenges to CCI representatives.
https://www.interregeurope.eu/policylearning/good-practices/item/3054/plus-programme/
Works at
Interreg Europe Policy Learning Platform
Resources needed
The total budget to develop this project is 110,000 euros
On-line platform
Team of professionals to manage the program
Institutions: business associations, professional associations, universities, public and private institutions supporting entrepreneurship in the region
Co-working space
On-line platform
Team of professionals to manage the program
Institutions: business associations, professional associations, universities, public and private institutions supporting entrepreneurship in the region
Co-working space
Evidence of success
45 informative and networking sessions with companies
24 business challenges and 29 partner companies/associations have been obtained.
Web page with dissemination materials.
Collaboration agreement with the three Universities of the Region, and the financial institution La Caixa
More than 200 entrepreneurs registered. 41 people were selected for skills training.
24 business challenges have been gathered, responding to sectorial needs.
8 teams were set up.
24 business challenges and 29 partner companies/associations have been obtained.
Web page with dissemination materials.
Collaboration agreement with the three Universities of the Region, and the financial institution La Caixa
More than 200 entrepreneurs registered. 41 people were selected for skills training.
24 business challenges have been gathered, responding to sectorial needs.
8 teams were set up.
Potential for learning or transfer
It has a high potential for learning and transferring as the working methodology can be handed over between INFO, business organizations, large companies and start-up companies so that they can solve business challenges and scale their projects optimally.
It can be transferred to other regions where there are stakeholders who can meet the cost and who have adequate human resources and the companies to be involved.
It can be transferred to other regions where there are stakeholders who can meet the cost and who have adequate human resources and the companies to be involved.
Further information
Website
Good practice owner
You can contact the good practice owner below for more detailed information.
Organisation
Regional Confederation of Business Organizations of Murcia
Spain
Región de Murcia
Contact
Officer