Sustainable Production through Innovation in SMEs

Total budget:
€ 3 M
Project duration:

Resource efficiency

Innovation is widely understood as the driving force for economic growth. It is new products and services, and new technologies for producing, packaging or delivering them, which add value to the economy and enable us to improve our standard of living. Innovations in sustainable production can make especially small and medium enterprises (SMEs) more competitive, profitable and environmentally friendly.

The Baltic Sea Region has a great R&D potential, yet the application of these innovations especially by SMEs is still scarce. At the same time, changing market conditions and numerous EC directives pose ever stricter environmental standards on SMEs, who are often unprepared to face this challenge.

SPIN brings together some of the most important institutions for eco-innovations in the Baltic Sea Region and is supported by numerous national governments, sector associations, research bodies and transnational NGOs, in order to:
  • Identify and promote innovation highlights for small and medium-sized enterprises (SMEs)
  • Provide SMEs access to technical and managerial innovation which matches their specific needs
  • Familiarise and supply SMEs with best available management and decision making tools which help them to apply innovations in their companies
  • Develop incentives and support policies for SMEs to apply innovations
  • Create a coherent international support and policy framework throughout the Baltic Sea Region

SPIN builds on the experience of the Baltic 21 industry sector and was selected as one of Baltic 21's Lighthouse Projects, which have been designed to promote sustainable development throughout the Baltic Sea Region.