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Do’s and Don’ts when doing business in the Baltic Sea region

Doing business with partners abroad? Be prepared for cultural peculiarities – don’t waste time on small talk during meetings in Scandinavian countries and Germany, seek win-win negotiations in Finland, and avoid discussions on politics and history in Lithuania or Poland. These are only some of the recommendations on doing business in the Baltic Sea region, collected by the IRIS project after interviewing representatives from local business organizations in 10 countries.   Business communication: how far can you go The IRIS project survey respondents unanimously agreed that sincerity, polite tone, and being straight-to-the-point are the most valued qualities in business communication. In the Scandinavian countries, people tend to speak accurately and clearly during meetings, but they are familiar with humor, which they …

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Baltic Sea Incubators Pilot New Ways to Support Start-ups

Close to 300 startups and entrepreneurs have benefited from improved incubation services,  thanks to a project aimed at improving incubation services in the Baltic Sea region, called IRIS.  For two years, 14 incubators from 10 countries across the region have been working together in an effort to improve their services for clients – SMEs and startups. They experimented with new techniques, assessed their internal processes and introduced changes to their approaches.  The results of the project impact review, carried out by the leading entrepreneurship lab in the Baltics Startup Division, are overwhelmingly positive: 100% of organizations have implemented recommendations from partners, and two-third of organizations started new collaborations. A shift in mindset quoted as a key outcome One of the …

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Podkarpackie Science and Technology Park AEROPOLIS: Where Sky Is Not The Limit

Podkarpackie Science and Technology Park AEROPOLIS is now one of the most attractive investment locations in southeastern Poland. It operates in the heart of The Aviation Valley, the region specialized in the aviation industry and hosting a large concentration of aerospace companies, research centres, and developed educational and training facilities. Moreover, AEROPOLIS Technology Incubator operating in the park can offer great conditions to develop your business not only in aerospace but also in IT, electromechanical, biotechnology and chemical industries. High-quality business advisory One of the 37 technology parks in Poland PSTP AEROPOLIS is a place to give your business a head start and AEROPOLIS Technology Incubator has all the means to grow it. AEROPOLIS offers support to micro, small and …

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The amber coast for SMEs: “Victoria” Foundation of Knowledge and Technologies for Small and Medium Business

Kaliningrad region (the Russian exclave by the Baltic Sea) is famous for its amber-rich beaches and unique nature. However, ”Victoria” Foundation of Knowledge and Technologies for Small and Medium Business is helping foreign companies to enter the Kaliningrad region and Russian markets and to see the advantages of business-making in the region. This leading non-governmental organization also encourages local people to start their own businesses by providing them with all the necessary tools for a successful head-start. Kaliningrad region (the Russian exclave by the Baltic Sea) is famous for its amber-rich beaches and unique nature. However, ”Victoria” Foundation of Knowledge and Technologies for Small and Medium Business is helping foreign companies to enter the Kaliningrad region and Russian markets and …

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“Polytechnic” Incubator of Science and Technology Park of BNTU: Where Science Becomes Business

A Flavour of the Belarusian Startup Scene Belarus’ startup scene has changed significantly in the past few years. The ecosystem in the country has been fortunate to be able to skip some development phases, partially modelling itself on more established startup hubs to develop quickly. There were and still are an ongoing number of positive and dynamic developments in the ecosystem, including the emergence of new coworking spaces, startup education programs and an increasing number of startup events.  In StartupBlink’s 2019 report of Startup Ecosystem Rankings, Belarus ranked 55th globally. Most successful companies were founded by the engineering elite from Soviet times and are based on innovative ideas that target international markets. One of the main points in Belarus for …

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Dalarna Science Park – Innovation Arena That Supports Growth Ambitions

Dalarna is so much more than just dala-horses and red houses – it’s a well-liked, year-round tourist destination, one of Sweden’s leading export counties, home for large, international and also small, local companies. But it is also the location for Dalarna Science Park. Dalarna Science Park has worked within innovation and entrepreneurship since 1987, providing a long-term, broadly entrenched regional platform – innovation arena, supporting the development of people and companies with growth ambitions. Dalarna Science Park has access to broad experience and skills in their own organizations, they are surrounded with a broad network of qualified people. This arena of innovation can be described as a meeting place for people, ideas, knowledge and creativity, it is often a platform …

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Kaunas Science and Technology Park: Navigating Your Business Globally

Kaunas—Lithuania’s  Industrial Heartland Kaunas, the city that has the second largest share of Lithuania’s GDP, can rightly be called the industrial capital of Lithuania. It is not only a friendly, open, and creative space for partnerships and cooperation, but it is also home to Kaunas University of Technology (KTU)—the largest provider of qualified engineers in the country.  Ranking 16th for its ease of doing business, the average duration of establishing a business is three days. Additionally, manufacturing or logistics companies investing more than 1 million euros, or service companies investing more than 100 thousand euros and having more than 20 employees benefit from the tax incentives of Kaunas Free Economic Zone (FEZ). However, the real strength of the city is …

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What Is Green, Smart, and Ready to Scale your Business to New Heights? Meet Science Park Tehnopol!

Tehnopol is a unique incubator that is a part of a science park while offering business and innovation services. But its competitive edge is not just that—Tehnopol Startup Incubator offers a compelling alternative to the accelerators with private capital that shy away from investing in services and pipelines. In contrast, Tehnopol, as a public entity, focuses on providing those services with sustainability at the heart of its mission, and a good financial background to boot. As such, green technologies, health technologies, and ICT are at the core of Tehnopol’s activities. Estonia⁠—a breeding ground for innovators Much of the needs of the companies that approach Tehnopol are striving to reach the European market, and Estonia is one of the beelines for …

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Stakeholders meeting in Podkarpackie region, Poland

On the 23rdof May, Rzeszów Regional Development Agency (RRDA) organized a meeting for stakeholders, business incubator specialists, and advisors. The meeting was attended by 28 people from public and private institutions involved in supporting start-ups in the Podkarpackie Region. During the one-day meeting, the expert Mr. Michal Misztal CEO of Startup Academy focused on the most important topics necessary for a professional assessment of business ideas for incubation, analyzed with the participants the advantages and disadvantages of the most popular business models, ways of determining competitive advantage or substantive assessment criteria. A large part of the meeting the coach devoted to the role of the team and its translation into the company's success. He paid attention to the role of …

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Baltic Sea partners launch collaboration in Dalarna, Sweden

The IRIS Work Package for management capacity was launched 24-25 of January at Dalarna Science Park in Dalarna in collaboration with Gdansk Entrepreneurship Foundation, DESY – Deutsches Electronen-Synchrotron and Kaunas Science and Technology Park. Management Capacity is one of the main pillars of the IRIS-project and the activities are based on peer reviews. The 14 project partners have been divided into 4 workgroups to perform the reviews. During the project, the partners in the workgroup will visit each other, getting to know each partner’s services, their organisation and tools. This is based on a collegial approach whereby the collective competence and experience of the peer review team is used to improve performance. The participating team members will also be able …

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