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Background

What is the i3 Project?
i3 is an innovative project as it is the first comprehensive online training approach which is aimed directly at the managers and staff of incubators, BICs (Business Innovation Centres) and business advisors and which specifically addresses the specialized support requirements of high growth SMEs. The project is based on the premise that by improving the competencies of the managers and staff of incubators, BICs and other business advisory organisations, the quality of services provided to SMEs can be enhanced and hence the growth of these SMEs can be greatly supported.

Where did the Idea for this Project Originate?
The Lisbon European Council identified innovation and knowledge diffusion as crucial determinants of Europe’s future wealth creation and competitiveness. Incubators and EC BICs are recognized as key players in this development process.

However, evidence indicates that European incubators are not yet as effective as their international counterparts. Innovation statistics, specifically the number of patent applications in high-tech classes, also reveal Europe’s potential for improvement.

The I3 initiative responds to this innovation deficit by improving the core competencies of business advisers and BIC and Incubator personnel in responding to the specific and specialized requirements of high growth SMEs.


Aims

The aim of the project is to boost the business performance of business incubators by increasing the level of information and training available to their personnel. Specifically, the project aims to:

Undertake a thorough analysis of the training needs of the target groups, through network links to incubators, BICs, micro enterprise agencies and academic institutions provided by the I3 partnership. During this phase all of the target groups will be consulted. Importantly, a range of incubatee companies will also be consulted in order to accurately assess the areas in which high growth companies require most support.
Devise a multimedia training tool relating to the researched training needs, comprising
o An initial publicity-focused web-site.
o An online training and information tool
o A directory of best practice case studies
o A database of incubators, BICs and similar organisations.
o A platform for the exchange of information between incubators and BICs in Europe.
Promote the widespread adoption of this product as a training tool through widespread dissemination process.
Carry out an in-depth evaluation of the project, the processes adopted and the results.

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