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Regions for Economic Change Mobilising investments in the Baltic Sea Region CONNECT Baltic Sea Region Workshop 2 A Jon-Gunnar Aasen Project manager Oslo.

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Presentation on theme: "Regions for Economic Change Mobilising investments in the Baltic Sea Region CONNECT Baltic Sea Region Workshop 2 A Jon-Gunnar Aasen Project manager Oslo."— Presentation transcript:

1 Regions for Economic Change Mobilising investments in the Baltic Sea Region CONNECT Baltic Sea Region Workshop 2 A Jon-Gunnar Aasen Project manager Oslo Teknopol

2 Connect Baltic Sea Region (CBSR) WHAT IS CONNECT? - CONNECT HELPS ENTREPRENEURS AND SMES REALISE BUSIENSS IDEAS - CONNECT ACCELERATES ACCESS TO EXPERTISE, PARTNERS AND CAPITAL - CONNECT IS A PRIVATE INITIATIV - CONNECT BSR SUPPORTS DEVELOPMENT OF A NETWORK OF EXPERTS THROUGHOUT BALTIC SEA REGION

3 CBSR – mobilising investments PROJECT RATIONALE: 4 ASSUMPTIONS 1. INFORMATION GAP BETWEEN ENTREPRENEUR & INVESTOR 2. INSUFFICIENT COMMUNICATION & PRESENTATION SKILLS 3. EXPERTS WILL VOLUNTEER 4. BRANDING OF CONNECT IS NECESSARY

4 CBSR – mobilising investments HOW IS IT DONE? - CONNECT PARTNERS FIND PROJECTS/BUSINESS CASES - COACHING; DEVELOP BUSINESS PLANS AND PRESENTATIONS - MEET THE EXPERTS IN SPRINGBOARDS (PANEL DEBATE) - MEET THE INVESTORS

5 CBSR – mobilising investments WHY DOES IT WORK? - CONNECT IS (must be) ASSOCIATED WITH HIGH QUALITY - CONNECT IS A BRAND - BUSINESS OPPORTUNITIES ARE CONTINUOUSLY CREATED FOR ALL - EXPERTS MEET OTHER EXPERTS - EXPERTS LEARN ABOUT TECHNOLOGICAL DEVELOPMENT - IT IS FUN AND GOOD THING TO DO!

6 CBSR – mobilising investments RESULTS REGIONAL CONNECT NETWORKS IN 8 COUNTRIES (10 countries during 2006) - SPRINGBOARDS: NETWORK OF EXPERTS: 5000 in BSR - RAISED VENTURE/INVESTMENT CAPITAL: Million - NUMBER OF JOBS: (directly)

7 CBSR – mobilising investments CONCLUSIONS: - CONNECT REDUCES MARKET FAILURE IN EARLY STAGE INVESTMENTS - CONNECT WILL WORK – ONLY IF BUSINESS WANTS IT TOO - BALTIC SEA REGION IS SMALL MARKET – CONNECT ACCELERATES GLOBAL OPPORTUNITIES - INTERNATIONAL NETWORK – INCREASINGLY IMPORTANT - NEXT STEPS: CONNECT IN REST OF EUROPE?


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