Summary of internationalization project concepts of AUMENTA project

Submitted by Kristine Zunde on 18 March 2022

This document is aimed at elaborating a summary of intercontinental projects concepts by SMEs, clusters and/or their international facilitators generated within the AUMENTA project - a novel and interdisciplinary project funded the European Innovation Council and SME Executive Agency (EISMEA) under the powers delegated by the European Commission under COSME Programme.

The project is aimed at speeding up network internationalization of food, ICT Industry 4.0 clusters and their SMEs towards strategic third countries beyond Europe in field of emerging industries and Fast-Moving Consumer Goods (FMCG 4.0).

To achieve its objectives, AUMENTA implements a pioneering X-Industry Internationalization Programme that will support European SMEs in their fast internationalization to three continents, creating new cooperation and business opportunities to support growth, jobs and wealth.

The preparation of intercontinental internationalization project concepts (IIPC) is part of X-Industry Internationalization Programme and aimed at facilitating the signature of business agreements between European SMEs and international SMEs from:
▪ Uruguay - as a strategic gate to Latin American markets;
▪ Morocco - as a strategic gate to North African/ South-Mediterranean (MEDA) markets;
▪ Georgia - as a strategic gate to Caucasus, Central Asia markets.

In the process of intercontinental internationalization, potential partners have been matched and invited to develop a joint internationalization project concept (max.10 pages) that include, among others, mutual interest of collaboration with identified business and innovation cooperation opportunities in target third countries, joint business plan concept, draft of legally binding international collaboration agreement and possible sources of available funding to make the project concept reality. IIPC have been elaborated by SMEs or SMEs with support of AUMENTA partners who acted as bridge-builders, connectors and/or translators in terms of language or business culture in a given region. In some cases, project Ambassadors contributed to the elaboration of internationalization concepts.

So far, 13 internationalization projects concepts have been prepared. The identification of potential cooperation partners is an ongoing process and this tool will be continuously used in the matchmaking process.

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