Description
Internationalization and access to finance: the power of clusters
Webinar of the MPowerBIO Cluster Capacity Building Programme for European clusters active in the bioeconomy. About the event: Facilitating SMEs’ access and competitiveness in international markets requires removing barriers to trade, particularly those that impose fixed costs; increasing access to the information necessary for SMEs to compete and succeed on the international playing field; providing logistical support to establish contacts with external buyers and sellers; and assisting in developing products and services that meet international market demand. This also includes providing financial and technical support for exporting activities and procurements/acquisitions of technology in order to increase SMEs’ productive capabilities and quality to upgrade their positioning in supply chains.
- Understand clusters’ role in the SMEs evolvement;
- Explain the current barriers for SMEs internationalisation;
- Obtain perspective of the SMEs point of view;
- Possibilities for SME internationalisation.
We will provide an overview of the economic, industry and market risks and trends that are impacting SMEs’ access to markets and internationalisation possibilities, and the business/environment factors that promote or hamper SME internationalisation. If they cannot be directly influenced, being aware of them can make the best use of drivers and reduce barriers as far as possible.
Topics to be covered within the training are:
- How important are SMEs in Europe?
- Why should SMEs go international?
- Drivers and barriers of SME internationalisation
- What can clusters do support their members?
- The possibilities for SMEs;
- Initiatives for SME funding;
- Cascade funding.
This event is part of the MPowerBIO Cluster Capacity Building Programme. MPowerBIO has received funding from the Bio Based Industries Joint Undertaking (JU) under grant agreement No 887501. The JU receives support from the European Union’s Horizon 2020 research and innovation programme and the Bio Based Industries Consortium.
Location and date
Virtual Event