Project summary

SMEs competitiveness remains high on the agenda of the European Commission (EU). The manufacturing sector in Europe is a sector of continuous growth. However, barriers to this growth are common and include challenges in areas such as succession of ownership and leadership of a business and maintenance of viable businesses in order to increase the critical mass of SMEs.

 

Statistics confirm that succession is usually a problematic situation. Only 30% of family businesses survive the transition to the second generation and only 10% after the transition to the third generation. Succession does not concern only family. Non-family succession and its support through new European policies, must also be proposed.

 

In this context, the proposed project aims at addressing and managing succession in SMEs. The specific objective is to prepare and manage changes in manufacturing businesses succession, meaning both family succession and selling to third parties. Our common challenge is to help Member States implement policies and new succession measures in their operational programs so that SMEs can increase their competitiveness and sustainability in order to ensure their future after changes in ownership, thus, contributing to the overall sustainability and growth of economy, both through produced economic activity and jobs preservation.

 

The proposed project brings together partners from European countries involving national and regional authorities that influence regional and national policy programs, helping EU Member States to implement principles and planning for succession in SMEs, so as to become more competitive, sustainable and innovative. The project will include a wide range of activities, with emphasis on promoting the transnational learning process and on experiences exchange between partners.

 

€859,640.00

from 1 Aug 2019
to 31 Jul 2022
Topic

SME competitiveness

Partnership

Lead Partner
Partner

What policy instruments does the project address?

LORIS 2030 is a result of a process set-up in 2012 by the Marshall Office of the Lodz Region aimed at preparation of the renewed RIS3 strategy approach. The process finished in early 2013, and after regional consultations the Strategy was oficially adopted as binding document by the Regional Parliament (Sejmik) in May 2013.The main assumptions of the strategy have addressed the areas of smart specialisation, which were proposed earlier in a draft of the strategy, and ultimately were maintained in the final version. Consequently, the areas of smart specialisation of Lodzkie Voivodship include among others the modern textile and fashion industry sector of economic activity:

LORIS 2030 includes measures that support the development of entrepreneurship, strengthen the cooperation of enterprises, research and development entities, institutions of business environment and administration and promote the broadly defined innovation in all areas of economic activity. The 2nd key element is the system of management, implementation, monitoring and evaluation.

The main object is: Outlining a vision for specific strategic industries of the region, the directions of their development, the development scenarios as well as defining the conditions of the effective implementation of the designated activities.

Which partners are working on this?
  • Mazovia Development Agency Plc

A 2: The objective of the instrument is to support the capacity of SMEs to grow in regional, national and international markets and to increase their innovation and productivity. The part of this instrument that could be specifically selected for this project is related to the support for the digitalization of SMEs, where SMEs are supported to implement different novel solutions to increase their productivity and competitiveness. The first call for proposals of the financial measure “Industry digitalization“ was launched recently.

It would be important to incorporate the aspect of resilience into the policy instrument in order to provide the extra support to the regions, which are experiencing major closures and structural changes. Thus, international cooperation and exchange of good practices is very useful in order to learn from other regions and get the knowledge how this policy instrument can be improved.

 

Which partners are working on this?
  • Lithuanian innovation center

The OP should substantially contribute to the proposed shift in the growth model of the Greek economy from non-tradable into tradable sectors, and cluster development of innovative and out turned sectors with a sustainable competitive advantage. The pivotal strategic objective is to enhance the competitiveness and extroversion of enterprises, to facilitate transition to quality entrepreneurship with innovation and the growth of domestic added value as the cutting edge.The goal is to improve priority1"Enhancing entrepreneurship with sectorial priorities" increase research potential and private investments in research and development, promote innovation and outturn of SMEs, particularly in textile and clothing sector.The program itself support development of business models, improvement of development of business processes, value chains, optimisation of innovation potentials of SME-s. The specific topic of transfer of business is not tackled directly by the programme. Existing support measures do not support the transfer of business and its specific questions and development challenges of SME-s facing with transfer of business. Therefore existing SME support measures shall be upgraded and develop approaches that can be used to foster the transfer of business and at the same time improve the cooperation between support organisations and SMEs in their endeavour to pay specific attention to the needs of SMEs in the process or in the preparation phase for transfer of business.

Which partners are working on this?
  • Ministry of Development and Investments
  • Hellenic Clothing Industry Association

The Programme aims to boost economic growth in the Valencia region and contribute to achieving the Europe 2020 targets for smart, sustainable and inclusive growth. It should create jobs and boost productivity, particularly in SMEs. Especially, the T.O.3 SMEs Competitiveness. The Valencian economy and society have registered important advanc so that the region has become part of the more developed regions of Spain. However, despite the favorable trajectory in terms of production and employment registered during the last expansive phase, the negative effects of the current crisis have been reflected in its economic and productive model, highlighting structural failures that they require a strategic intervention and a new socio-economic paradigm. In this way, the objective of the improvement required, is to concentrate resources in those sectors of greater value added for the Region as the Footwear sector, to consolidate their development model around smart growth, enhancing those activities where the region has a specialization and a higher qualification accentuated, while taking into account the territory as a factor of competitiveness.

Which partners are working on this?
  • AVECAL-Valencian Association of Footwear Entrepreneurs
  • The Valencian Institute for Entrepreneurial Competitiveness