ESCALTECH

Many newly established tech companies in the CB region operate inside a somewhat limited environment. They are micro/small/mid-size companies that operate in small markets providing a limited range of products or services and often struggle with similar challenges. Such limits in business operations are followed by obvious consequences: they are unwilling to network and find common ground or interest with other companies in their sector or geographical location to build cooperation and prepare e.g. joint offers to bigger procurements; they are unable to find and go to new markets, they do not attract new capital and, therefore, many of them just go out of business or remain stagnant.

Fostered by the EU and national/regional digital strategies and policies, the demand for scalable business models will grow rapidly in the upcoming years based on the usage of new technologies. To ensure the competitiveness of the technology sector in CB region, the competencies and readiness of micro and small companies to use new technologies, products/ services, and develop further their business models must be increased.

The project aims at developing and implementing a CB Scaler Support Program consisting of a set of services that empower CB tech-sector companies, mostly focusing on smart manufacturing, ICT, e-governance, and smart mobility, to scale up. The Program consists of training and coaching modules with both generic topics, such as marketing and business model, and tailormade modules, such as specific competence or skills development. Some of the mentioned modules are existing in partners´ portfolios and need adjustment to address the target group, some services are missing and need to be developed.

In total partners expect 90 target group companies to attend the Support Program, and 30 companies to achieve a scaleup status as defined by the Central Baltic Program.

Expected results

The CB Scaler Support Programme will be implemented among 90 companies, mostly focusing on smart manufacturing, ICT, e-governance, and smart mobility (including port management and cargo processes). As a result, the project expects 30 companies to achieve the scaled-up status as defined by the Central Baltic Programme Manual:

12 companies established a presence outside of home market,
6 companies developed the business model or new product/service
6 companies expanded their key team,
6 companies raised investments.

In period 2, partners develop evaluation method and criteria for defining and assessing what is considered to be a scaled-up status according to the Scaler Support Programme, and define baseline and KPIs for the participating companies to enable measuring and assessing their achievements once the Scaler Programme is passed.

Duration 01.03.2023 - 28.02.2026

Total budget

Programme priority

Innovative Business Development

Programme objective

PO2 - More new scaled-up growth companies

Lead partner

Latvian IT Cluster/Digital Innovation Hub

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