Innovative Business Transfer Models for SMEs in the BSR

Kalender 1 september 2017 - 00:05 till 31 augusti 2020 - 23:55 Baltic Sea Region

Business transfers have a higher impact on the economic growth than start-ups. The majority of projects and measures focus on the creation of new firms, while the challenge of keeping firms running successfully is not covered. Therefore the aims of the project are to examine, further develop and design innovative and transferable models and tools for facilitating SME business transfers, make them widely available and implement them in companies.

SMEs are mostly owner-managed, often for years. The companies risk to loose knowledge and jobs, once that owner retires. This is happening at increasing speed in the BSR, where more
and more owners retire without having transferred the business to the next generation.
The future growth and sustainability of innovative companies in the BSR is severely limited by failed business transfers. In all countries the number and qualification of potential successors must be improved.

Short Facts:

Financier: EU- program Interreg Baltic Sea Region -

The 14 Projekt Partners are: 

PP 1 - Baltic Sea Academy - DE (Lead Partner)
PP 2 - Small Business Chamber - PL
PP 3 - Vilnius Chamber of Commerce, Industry and Crafts - LT
PP 4 - Latvian Chamber of Commerce and Industry - LV
PP 5 - Estonian Chamber of Commerce and Industry (ECCI) - EE
PP 6 - St. Petersburg Foundation for SME Development - RU
PP 7 - Association of SMEs support centers of the Kaliningrad region - RU
PP 8 - Foundation Drivhuset Skaraborg - SE
PP 9 - International Business Academy - DK
PP 10 - Vocational Academy Hamburg - DE
PP 11 - Gdansk University of Technology - PL
PP 12 - Lithuanian University of Educational Sciences - LT
PP 13 - Satakunta University of Applied Sciences - FI
PP 14 - University of Skövde - SE

Period: 2017.05.25 - 2020.11.30

Total Budget: 2,464,270.00 EUR

Project Partner - Drivhuset
Projekt Leader
Anna Nilson
+46 730 47 63 73

Lead Partner - Baltic Sea Academy e.V.
Projekt Manager
Kamila Keinke
+49 40 822 447 13