Accelerate and grade-up existing technology based companies (SMEs and Start-ups) to create European Gazelles (Gazelle Accelerator)


Project no.: 20032

Project description:

The European technology based companies have a high-growth potential, but their expansion is hindered by the industrial fragmentation and the lack of
visibility of the European market. The technologies developed often in the first place for one specific sector could be very valuable for another. However the current barriers prevent the potential gazelles to strengthen their potential beyond their sector of initial expertise and their geographic area, due to the lack of market visibility and internal competences. Therefore, our programme will provide existing technology-based companies (notably SMEs and Start-ups) with the network and support they need to expand. Our programme, called Gazelle Accelerator will grade up and accelerate 40-50 promising Start-ups or SMEs through an ambitious support programme which intends to proceed to the addition of competences developed by several technology-based companies, in order to constitute a complete offer of solutions, answering the needs of end-users. To this end, our programme will organise a Community Booster Week, – Coach and support selected companies in the presenta????on of their offer of solutions to customers, through the organisation of a roadshow event; boost the capacity of SMEs and Start-ups to access to finance through the organisation of Investor and Finance Days; support the selected companies in their internationalisation process.

Project partners: KTU, Linpra, CEA, Aerospace Valley, Tecnalia, Laboratory for Manufacturing Systems and Automation, University of Patras, TU Delft

Project funding:

European Institute of Innovation and Technology Programme (EIT)

Period of project implementation: 2020-01-01 - 2020-12-31

Project coordinator: Lithuanian engineering industries association LINPRA

Project partners: Kaunas University of Technology

Aušra Rūtelionė

2020 - 2020

Academic Centre of Economics, Business and Management, School of Economics and Business