The Esprint Plan is one of the programs aimed to connect Catalan start-ups to the world by preparing them for their international growth.
The Esprint Plan offers international advisory services, mentoring, advisory board, training, experiences and contacts of first level, as well as legal and financial consulting. It was launched in 2014 and it allows about 20 companies each year to shorten access time to new markets, compared to taking this step alone. Start-ups prioritise and select the market they want to access, within America or Europe, and with expert advice to define the most appropriate internationalisation strategy. The program lasts 8 months and it allows increasing professional contacts and discovering new business opportunities around the world.

The services offered by this program are:
• International route: definition and analysis of market destination as well as an individual business trip with a business contacts agenda.
• Tactical follow-up: personalized orientation by an expert.
• Strategic follow-up: individualized mentoring by an accredited advisory board to support decision making.
• Training on growth strategies, such as internationalization, in reputed organizations.
• Financing: individualized counselling with senior partners to look for funding.

In addition, start-ups received support from the 39 Catalan Government Trade & Investment offices around the world.
- Target: start-ups of less than 8 years of life and with a minimum team of 4 people.

Resources needed

The total budget invested in this initiative over these three years is: 630.000€.

The annual budget is: 2014: 312.000€; 2015: 178.000€; and 2016: 140.000€.

The cost for taking part in this program is 1.000€ and it is valued 8.940€ (2016).

Evidence of success

- 103 projects presented and 57 projects carried out between 2014 and 2016.
- Currently, the third edition is being carried out.
Year Participating companies Jobs generated Increase in turnover Capital increase
2015 20 45 22% 18%
2016 17 64 8,7 M € 66%
- In 2016, 40% of the companies participating in the Esprint Plan were from the ICT sector (27%) and IoT (13%).

Potential for learning or transfer

It is a model replicable to other geographical areas. It can be an inspiring initiative for other regions and the lessons learned can be shared with other companies that want to internationalize themselves.

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Main institution
Regional Government of Cataluña
Location
Cataluña, Spain (España)
Start Date
November 2014
End Date
Ongoing

Contact

Natalia Cantero Please login to contact the author.

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