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This initiative supports micro enterprises and SMEs (belonging to manufacturing, construction and business services) that intend to develop business and market innovations.
In particular, this initiative aims to:
This measure sponsors investiments in internal and external human capital (e.g. researchers from research institutions), contract research, consultancies and patent acquisitions.
The outcomes are very encouraging since the innovation through SMEs improved since the start of the measure.
Similar measures need to be targeted to a small number of industries, supporting the implementation of a smart specialisation strategy, and encouraging firms' engagement with research institutions.