Baltic Impact Accelerator

Project aim and description:
The “Triple Bottom Line Baltic Impact Accelerator” (Baltic Impact Accelerator) tackles the challenges of new growth companies in the CB region by utilizing the Triple Bottom Line (3BL) methodology that enables more growth (Profit) with specific consideration towards environment (Planet) and society (People). As a result, the scaling-up of companies is tackled in three levels: Profit, Planet, People.

Over the period of 36 months, the project will implement an accelerator programme, that:
1. Develops new business models with focus on 3BL
2. Helps to establish presence outside home markets
3. Supports to raise investments for accelerated growth and nurtures partnerships among companies

 

Expected results

The “Baltic Impact Accelerator” project will achieve the following results:

  • At least 720 (unique) companies reached
  • At least 480 (unique)company applications received
  • 3 cohorts implemented with 32 companies per cohort
  • 480 individual trainings within the project provided to companies
  • 3 joint cross-border collaboration events (1 per cohort)
  • 3 demo-day events (online) – 1 per cohort

Over the period of 36 months, the project “Baltic Impact Accelerator” will implement an accelerator programme, that develops new business models with focus on 3BL, helps to establish presence outside home markets, supports to raise investments for accelerated growth and nurtures consortiums and partnerships among companies. Within the three acceleration cohorts a total of 96 scale-up companies will be supported (32 per cohort) and out of these 96 companies, 48 will scale up.

 

Duration 01.04.2023 - 31.03.2026

Total budget

Programme priority

Innovative Business Development

Programme objective

PO2 - More new scaled-up growth companies

Lead partner

Green and Smart Technology Cluster

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