Βusiness of Κnowledge and Ιnnovation in the primary and related secondary sector

Acronym

BU4Inno
Project Number – MIS 5071121
Priority axis 1 - A Competitive and Innovative Cross-Border Area
Investment priorities 3a - Promoting entrepreneurship, in particular by facilitating the economic exploitation of new ideas and fostering the creation of new firms, including through business incubators
Intervention fields 066. Advanced support services for SMEs and groups of SMEs (including management, marketing and design services)
Call 6th CALL FOR PROJECT PROPOSALS
Lead Beneficiary Centre for Research and Technology-Hellas (CERTH)
Beneficiaries Business Incubator-Gotse Delchev, Entrepreneurship Promotion Centre
UNIVERSITY OF MACEDONIA
Start Date Apr 13, 2021
End Date Sep 12, 2023
Budget 502.205,00 €
ERDF Contribution 426.874,25 €
National Contribution 75.330,75 €
Website https://www.bu4inno.eu
Overall Bu4Inno objective is to develop an improved entrepreneurial support system for agricultural SMEs in the cross-border area which is primarily devoted to the agricultural sector with a great variety of goods being produced whilst a large portion of the populace is either wholly or partially involved in their production. Bu4Inno is expected to significantly contribute in agribusiness development in the CB area, in establishing small agribusiness start ups and in changing the entrepreneurial mentality of CB farmers. Bu4Inno is an innovative project combining incubators, academia research, farmers and industry in the agricultural sector thus using the quadruple helix in order to achieve the establishment of agri-entrepreneurial mentality to farmers in the CB area to establish new start ups and small agri-enterprises in the CB area which will produce and sell high added value products, authenticated and developed by innovative means using the knowledge from academia and the close collaboration with SMEs in the CB area. Bu4Inno will also establish and promote innovative methods of trading linked to the application of the processed food systems to the high value productions stimulating the development of the agro-industrial sector which is very important in the COVID 19 era. This approach aims in developing the primary sector from producers to entrepreneurs which will sell their high added value products contributing to the local and national economy and sustain the rural development which allow people to stay in rural areas like the CB area and thrive there. Overall Bu4Inno will establish a robust support system for new and established business in agrientrepreneurship of the CB region.

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