JOSEFIN News
No JOSEFIN news found
JOSEFIN Events
JOSEFIN Files
No JOSEFIN files found
Login
Username
Password
show/hide project search



Project acronym: JOSEFIN

Project title: Joint SME Finance for Innovation

Application call: 1

Priority: 1. Fostering innovations

Project website: www.josefin-org.eu

Show all partners on map


Lead Partner:

Investitionsbank Berlin (IBB)
Bundesallee 210
10179 Berlin
DE
Thomas Hüttich
E-mail: thomas.huettich@ibb.de
Phone: +49 30 21 25 45 15
Fax: +49 30 21 25 47 31

Project Manager:

Investitionsbank Berlin (IBB)
Bundesallee 210
10179 Berlin
DE
Irene Schucht
E-mail: irene.schucht@ibb.de
Phone: +49 30 21 25 47 30
Fax: +49 30 21 25 47 31


Information Manager:

H. Zeiser - Beratender Ingenieur
Bundesallee 210
10179 Berlin
DE
Christoph Pilarek
E-mail: christoph.pilarek@ibb.de
Phone: +49 30 21 25 20 78
Fax: +49 30 21 25 43 88



Summary description of the project:

The Baltic Sea Region (BSR) shows a strong knowledge based and innovative economy. Accordingly, SMEs play a significant role as drivers of the innovation process. In the context of future-oriented understanding of territorial co-operation, regional development highly depends on the ability of key-actors to participate in international markets.

However, especially SMEs often focus their business activities on rather local markets. JOSEFIN identifies key areas of intervention for providing targeted and individualised support to SMEs on their way to international markets.

As nowadays, commercial banks are reluctant to provide access to finance for SMEs, the support of JOSEFIN consists of stimulation of direct transnational co-operation, as well as of provision of improved access to finance to innovate and to exploit innovative products and services.

For this, the key actors of the innovation process, namely Incubators, Technology Transfer Centres, as well as Public Development banks

will jointly take up and adjust or develop concrete tools and instruments to be used in Germany, Poland, Latvia, Lithuania, Estonia, Sweden and Norway.

The JOSEFIN partners will identify a roadmap toward SMEs international activities as a highly individualised process in which generalised and standard instruments will be factors of limited impact. More concrete, JOSEFIN identifies two key-needs of SMEs support for assisting them in the process of bridging the significant development gaps.

The first instrument will offer a highly focused and individual coaching of SMEs in preparation of cooperative, transnational innovation projects and will fulfil the role of a useful tool for preparation of the application for their funding. In this field, JOSEFIN mainly will take up, adopt and apply the achievements of previous BSR projects.

The second instrument, a new JOSEFIN Innovation Loan Guarantee, will advance existing regional financial support instruments for SMEs. It will provide a new

and innovative risk sharing facility in the BSR. Actors of the financial sector will use the new and innovative instrument to lower barriers in access to finance for SMEs.

The combination of individual coaching for SMEs and the guarantees offered by the JOSEFIN partner regions will significantly reduce the risk for both sides, banks and companies. Access to finance for innovation projects carried out in transnational partnership of SMEs will be improved by the JOSEFIN Innovation Loan and will unlock investments of SMEs in innovative products and services and support them on their way to business internationalisation and sustainable growth.

Supplemented by the the CIP, JEREMIE other regional and national loan products, the volume of the regional fund facilities achieved by the JOSEFIN Innovation Loan Guarantee in million EUR per region is: Berlin 10; Estonia: 6; Latvia: 30; Lithuania: 37.4; Lower Silesia: 7.5; Lubuskie: 5.5; Western Pomerania: 25; Wielkopolska: 32.5. = Total of 153.9


Achievements of the project so far:

The regional market studies, conducted in the framework of JOSEFIN, showed that lacking access to suitable finance due to risk exposure and low collateralization is the most pressing challenge for SMEs in the BSR. Companies lack support in building know-how and developing strategies for market entry and internationalisation. With the JOSEFIN Service model, a tool has been developed that applies exactly at these needs of SMEs. It combines coaching and financing for innovative SMEs, boosting their capacities and potential. JOSEFIN has implemented the JOSEFIN Innovation Loan Guarantee in almost all of the partner regions. A lot of SMEs have been coached and approved for finance. The best and innovative projects received guarantees to improve their business, going abroad and enter new markets.

With the JOSEFIN Innovation Loan Guarantees, the access to finance for SMEs in several regions of the Baltic Sea has been improved, increasing the development chances of technology oriented and

innovative SMEs. JOSEFIN achieved the goal to provide much quicker coaching and financial access due to the convinced house banks that benefit from the risk sharing model of the JOSEFIN guarantee model. The volume of fund facilities providing guarantees in all JOSEFIN regions together is 153.900.000,00 EUR. By the project end 15 innovative SMEs have been approved for funding, followed by many more after the project end.

With the JOSEFIN handbook and supporting documents like the implementation toolkit JOSEFIN provides tools for SMEs, regional stakeholders and financial institutions. These published instruments will make sure that results and outcomes of JOSEFIN can be used by other BSR regions in the future.

For the JOSEFIN partnership it was a major goal to strengthen and continue this development beyond the project lifetime. With the proposal, Regional Contact Points and the Cooperation Agreement the partner regions state their commitment for the continuation of JOSEFIN services

after the project lifetime. Cross-project cooperation and established dedicated contact points in JOSEFIN regions under cooperation within the EEN have underlined the importance of international cooperation and improved access to finance for transnational business activities of SMEs. JOSEFIN contributes to the internationalisation of SMEs through transnational networks and additional benefit from fostering transnational cooperation.

As a result of experiences with the role of regional and national policies to enable frameworks for JOSEFIN services, the project was able to discuss policy options that were developed by regional authorities with policy makers from the BSR regions. JOSEFIN has bundled these experiences in policy recommendations, which provide a starting point for more SME friendly innovation policies to help foster the internationalisation of SMEs. The policy recommendations were addressed to the European Commission, stakeholders, regional authorities and policy makers.



Project Duration: Oct 2008 - Jan 2012
Approximate total project budget in EUR: 3.411.560,00
ERDF co-financing: 2.499.140,00
ENPI co-financing: 0,00
Norwegian national contribution: 136.998,00

List of partners

Investitionsbank Berlin
10179 Berlin | GERMANY
Bundesallee 210
Region: Berlin
Contact person: Thomas Hüttich
Phone: +49 30 21 25 4515
E-mail: thomas.huettich@ibb.de
Web: www.investitionsbank.de
Approximate total partner budget in EUR:620.000,00
ERDF co-financing:465.000,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Senate Department for Economics, Technology and Women´s Issues, Berlin
10825 Berlin | GERMANY
Martin-Luther-Str. 105
Region: Berlin
Contact person: Barbara Staib
Phone: +49 30 9013 8212
E-mail: Barbara.Staib@senwtf.berlin.de
Web: www.berlin.de/sen/wtf/index.html
Approximate total partner budget in EUR:135.744,00
ERDF co-financing:101.808,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Berlin Partner GmbH
10623 Berlin | GERMANY
Fasanenstraße 85
Region: Berlin
Contact person: Ulrike Braeter
Phone: +49 30 39980221
E-mail: Ulrike.Braeter@berlin-partner.de
Web: www.berlin-partner.de
Approximate total partner budget in EUR:144.854,00
ERDF co-financing:108.640,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
InvestitionsBank des Landes Brandenburg
14480 Potsdam | GERMANY
Steinstr. 104-106
Region: Brandenburg - Südwest
Contact person: Pertti Hermannek
Phone: +49 33 16 60 16 05
E-mail: pertti.hermannek@ilb.de
Web: www.ilb.de
Approximate total partner budget in EUR:104.000,00
ERDF co-financing:78.000,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Brandenburg Economic Development Board (ZAB)
D-14480 Postdam | GERMANY
Steinstrasse 104-106
Region: Brandenburg - Südwest
Contact person: Dr. Peter Eulenhöfer
Phone: +49 33 16 60 38 51
E-mail: peter.eulenhoefer@zab-brandenburg.de
Web: www.zab-brandenburg.de
Approximate total partner budget in EUR:119.173,00
ERDF co-financing:89.379,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Technology Centre of Western Pomerania
17489 Greifswald | GERMANY
Brandteichstrasse 20
Region: Mecklenburg-Vorpommern
Contact person: Mario Kokowsky
Phone: +49 38 34 55 01 00
E-mail: gf@technologiezentrum.de
Web: www.technologiezentrum.de
Approximate total partner budget in EUR:200.000,00
ERDF co-financing:150.000,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Credit and Export Guarantee Fund KredEx
10134 Tallinn | ESTONIA
Pärnu mnt 67b
Region: Eesti
Contact person: Lehar Kytt
Phone: +372 6 81 99 72
E-mail: lehar.kytt@kredex.ee
Web: www.kredex.ee
Approximate total partner budget in EUR:60.000,00
ERDF co-financing:51.000,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Tallinn Science Park Tehnopol Foundation
12618 Tallinn | ESTONIA
Akadeemia tee 19
Region: Eesti
Contact person: Teele Jõks
Phone: +372 6 800 212
E-mail: Teele.Joks@tehnopol.ee
Web: www.tehnopol.ee
Approximate total partner budget in EUR:156.000,00
ERDF co-financing:132.600,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Investments and Business Guarantees, Ltd.
9303 Vilnius | LITHUANIA
Gedimino str. 92
Region: Lietuva
Contact person: Audrius Zabotka
Phone: +370 5 2107516
E-mail: audrius.zabotka@invega.lt
Web: www.invega.lt
Approximate total partner budget in EUR:60.000,00
ERDF co-financing:51.000,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Lithuanian Innovation Centre
03223 Vilnius | LITHUANIA
T. Ševčenkos g. 13
Region: Lietuva
Contact person: Dr. Kastytis Gečas
Phone: +370 5 2356116
E-mail: k.gecas@lic.lt
Web: www.lic.lt
Approximate total partner budget in EUR:165.815,00
ERDF co-financing:140.942,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
State agency "Investment and Development Agency of Latvia" (LIAA)
1442 Riga | LATVIA
Perses Street 2
Region: Latvija
Contact person: Anete vitola
Phone: +371 67039469
E-mail: anete.vitola@liaa.gov.lv
Web: www.liaa.gov.lv
Approximate total partner budget in EUR:176.012,00
ERDF co-financing:149.610,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Wroclaw University of Technology, Wroclaw Centre for Technology Transfer
50-370 Wrocław | POLAND
Wybrzeze Wyspianskiego 27
Region: Dolnoslaskie
Contact person: Jacek Firlej
Phone: +48 71 3204340
E-mail: j.firlej@wctt.pl
Web: www.pwr.wroc.pl, www.wctt.pl
Approximate total partner budget in EUR:150.000,00
ERDF co-financing:127.500,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Polish Entrepreneurs Foundation
70-466 Szczecin | POLAND
Monte Cassino 32
Region: Zachodniopomorskie
Contact person: Maria czerniecka
Phone: +48 91 3129218
E-mail: m.czerniecka@pfp.com.pl
Web: www.pfp.com.pl
Approximate total partner budget in EUR:112.000,00
ERDF co-financing:95.200,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Marshal Office of the Lower Silesia Region
50-411 Wrocław | POLAND
Wybrzeże Słowackiego 12-14
Region: Dolnoslaskie
Contact person: Mieczysław Ciurla
Phone: +48 71 77 69 374
E-mail: mieczyslaw.ciurla@umwd.pl
Web: www.umwd.dolnyslask.pl
Approximate total partner budget in EUR:50.000,00
ERDF co-financing:42.500,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Marshal Office of the Wielkopolska Region
61-713 Poznań | POLAND
Niepodległości 18
Region: Wielkopolskie
Contact person: Anna Maciołek
Phone: +48 61 858 12 05
E-mail: anna.maciolek@umww.pl
Web: www.umww.pl
Approximate total partner budget in EUR:50.000,00
ERDF co-financing:42.500,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Wielkopolska Agency for Enterprise Development Ltd.
61-823 Poznań | POLAND
Piekary 19
Region: Wielkopolskie
Contact person: Jaroslaw Nowak
Phone: +48 61 65 63 509
E-mail: jnowak@warp.org.pl
Web: www.warp.org.pl
Approximate total partner budget in EUR:136.359,00
ERDF co-financing:115.905,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Promotion and Development Fund of Wielkopolska Voivodship
61-846 Poznań | POLAND
ul. Strzelecka 49
Region: Wielkopolskie
Contact person: Krzysztof Len
Phone: +48 61 858 10 60
E-mail: krzysztof.len@fripww.pl
Web: www.fripww.pl
Approximate total partner budget in EUR:215.800,00
ERDF co-financing:183.430,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Oslo Teknopol
0157 Oslo | NORWAY
Tollbugata 32, P.O.Box 527 Sentrum
Region: Oslo og Akershus
Contact person: Elina Kuzjukevica
Phone: +47 22 002 985
E-mail: elina@oslo.teknopol.no
Web: www.oslo.teknopol.no
Approximate total partner budget in EUR:273.996,00
ERDF co-financing:0,00
ENPI co-financing:0,00
Norwegian national contribution:136.998,00
Teknikdalen Foundation
78127 Borlänge | SWEDEN
Box 760
Region: Norra Mellansverige
Contact person: Erika hinz
Phone: +46 243 73420
E-mail: erika.hinz@teknikdalen.se
Web: www.teknikdalen.se
Approximate total partner budget in EUR:217.476,00
ERDF co-financing:163.107,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Innovationsbron AB
11120 Stockholm | SWEDEN
Vasagatan 11
Region: Stockholm
Contact person: Magnus Bergmann
Phone: +46 8 587 919 20
E-mail: Magnus.Bergman@innovationsbron.se
Web: www.innovationsbron.se
Approximate total partner budget in EUR:45.450,00
ERDF co-financing:34.087,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Regional Cooperation Council of Dalarna
79151 Falun | SWEDEN
Myntgatan 2
Region: Norra Mellansverige
Contact person: Lennart Färje
Phone: +46 2377 7062
E-mail: lennart.farje@regiondalarna.se
Web: www.regiondalarna.se
Approximate total partner budget in EUR:91.200,00
ERDF co-financing:68.400,00
ENPI co-financing:0,00
Norwegian national contribution:0,00
Regional Development Agency JSC
65-001 Zielona Góra | POLAND
ul. Chopina 11/13
Region: Lubuskie
Contact person: Hanna Nowicka
Phone: +48 68 329 78 42
E-mail: agencja@region.zgora.pl
Web: www.region.zgora.pl
Approximate total partner budget in EUR:127.679,00
ERDF co-financing:108.527,00
ENPI co-financing:0,00
Norwegian national contribution:0,00