Johanneberg Science Park to bootcamp in Riga
In September 2019 the second bootcamp within the project SmartUp Accelerator will be held. Seven small and medium-sized companies from the Baltic Sea Region will be mentored by, among others, Johanneberg Science Park, in order to prepare for market introduction in another country within the region. The focus this year is on smart mobility and the meeting is held in Latvia's capital Riga.
“Last year we organized a bootcamp here in Gothenburg on the theme smart homes and living. Then we provided support to a Russian company, working with energy storage solutions, who wanted to establish business in the Nordic countries. I’m excited to see which company we will work with this year, says Filip Tideman, Johanneberg Science Park's representative in SmartUp Accelerator.
SmartUp Accelerator is a project, with funding from the EU's Interreg Baltic Sea Region program, which over three years will create a network to increase the capacity and competence to start and run consumer clean tech companies, meaning companies directed towards private consumption, who develop products or services that contributes to reduced environmental impact.
Participants from seven countries around the Baltic Sea (Sweden, Finland, Russia, Estonia, Latvia, Germany and Poland) participate in the project and after a wide call, one company from each country has been selected to receive support and mentorship regarding establishment on new markets. It can be anything from doing in-depth market studies, support with raising capital or door openers to partners and customers. During the bootcamp, the companies choose which market they want to focus on in the near future, (the actual acceleration phase) and are assigned a partner from this specific market who will continuously provide support and advice based on the company's needs.
“During last year's bootcamp we realized that as a foreign company it can be difficult to understand conditions and barriers that exists on an intended market. By having local knowledge of the market, we could help the Russian company accelerate its decisions regarding goals and direction, something that was difficult for them to do by themselves,” says Filip Tideman.
Partners i SmartUp Accelerator:
Innovatum AB (SE), Demos Helsinki (FI), Alexanderson Institute (SE), Foundation for Technology Entrepreneurship (PL), European Institute för Innovation reg. assoc. (DE), Johanneberg Science Park (SE), University of Latvia (LV), Foundation Tallinn Science Park Tehnopol (EE), St. Petersburg Foundation for SME Development (RU), The St. Petersburg House Property Owners Association (RU).