Promoting Innovation in SMEs

Innovation is the key for productivity and long-term growth. Supporting innovation in SMEs can foster inclusive growth. SMEs are on average less innovative than large enterprises, but some of them can be or become highly innovative and can reach productivity levels above those of large companies. Companies which develop and use their internal strategic resources effectively (e.g. managerial and workforce skills, ICT, R&D, etc.), and collaborate with external partners in the innovation system, have better innovation performance.  

SMEs however often face larger barriers on capital and labour markets than larger established businesses. It is for that reason that multiple policy measures have been adopted to target those firms and their opportunities to engage in innovation. Authorities can support innovation in SMEs by fostering a sound business environment, helping them to fund and develop and use their internal strategic resources effectively, and building an innovation system including supporting services and that is effective in the commercialisation of research and inclusive of a large range of SMEs.




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  • Digital, Industry & Space Info Day

    This info day aims to inform (potential) applicants about topics included in the Cluster 4 'Digital, Industry and Space' work programme of 2022

  • European Innovation Council Summit

    The new European Innovation Council, launched in March 2021, celebrates its first Summit on 24-25 November 2021 in Brussels and online.

  • Industry 4.0 and digital transformation in the Balkans

    Epoka University together with Universita’ del Salento and Cardiff Metropolitan University are organizing a workshop to create a discussion forum with academics and researchers to debate on fundamental...

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  • Women in Tech

    Women in Tech® is an international organization with a double mission: to close the gender gap and to help women embrace technology. The organization focuses on 4 primary areas that are a call for...

  • TAFTIE (The European Network of Innovation Agencies)

    This is a group of 29 organisations from 28 European countries has established an intense collaboration in the field of the implementation of national technology Programmes. This is to the benefit of ...

  • Chamber of Commerce and Industry of Tirana

    CCIT employes 43 employees. It is one of few organizations in Albania having a special department – the Centre for Business Research and Training (ACBRT), dedicated to the development projects and trainings...

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  • Fund for Innovation and Technology Development of North Macedonia

    The Fund supporst activities such as knowledge transfer, research on development and innovations for micro-, small and medium-sized enterprises to help achieve accelerated technological development. More...

  • Investment and Development Fund of Montenegro

    The Fund supports small and medium companies (credit and guarantee support is provided). Click here

  • ICK Incubator

    An engaging environment and services for development and commercialization of viable business ideas, as well as visibility in the market. For both new and existing companies of Kosovo*. Click here to ...

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