Teaming UP

Teaming UP

P1 Competitive economy

1.2. More entrepreneunial youth

Central Baltic

01.06.2020 - 31.05.2022

€538 966

€434 648

Project Summary:

Cross-border relationships, entail the ability to communicate and negotiate ideas and to make deals with people from other countries and cultures.Relationships with neighbouring countries are extremely important to boost the regional export ability and to enter new markets in any field; globalisation and internationalisation of companies (including student companies) in the Central Baltic region are an issue that needs to be addressed and promoted in order to raise the number of new exportable products and competitive businesses both now and in future.

The “Teaming UP” project promotes confidence and business skills boosting in youngsters who are interested in business and who possess entrepreneurial skills and business thinking. The project will foster a global approach to support participants in developing international business teams and ideas. Project activities, outputs and results are based on the creation, development and implementation of international business teams and business projects.

The teams will bring together young people from different countries, each offering their own unique, personal and professional contributions to the business team.

Lead Partner

Valmieras Attīstības aģentūra

Country: LV

Partner budget: 97.880 EUR

Amount of ERDF funding: 83.198 EUR ERDF

Project Partners

Valgamaa Kutseõppekeskus

Country: EE

Partner budget: 115.713 EUR

Amount of ERDF funding: 98.356 EUR ERDF

Kauppiaitten Kauppaoppilaitos Oy

Country: FI

Partner budget: 234.735 EUR

Amount of ERDF funding: 176.051 EUR ERDF

Valmieras tehnikums

Country: LV

Partner budget: 90.639 EUR

Amount of ERDF funding: 77.043 EUR ERDF

Expected results

Main results: During the project at least 12 international joint student cross-border companies established, of which the partnership hopes at least 3 are confident to continue their activities after the end of the project (it is understood by the partnership that all participating teams will not become or stay ‘joint’ by the end of the project activities).

The main results link directly to the programme result indicator, namely, a specific number of cross-border student companies will be established.

Main outputs/outcomes:
At least 60 young people involved directly in the "Teaming UP" programme + at least 60 additional young people participated in project activities;
Programme branding and marketing campaign (set of activities) implemented;
1 student company (mini company) programme methodology and materials developed;
1 creating teams event organised – as a result 12 international joint student cross-border companies established;
4 motivating and inspiring boot-camps around Central Baltic organised: (1) preparing a business plan and financial planning (2) product design and development, (3) marketing and PR, (4) presenting a business project to investors. Each boot-camp takes place in turns in different country to ensure wider perspectives from all involved parts;
2 business speed-dating events with experienced entrepreneurs and mentors organised;
1 prototyping workshop in Makerspace organised;
1 business idea pitching event organised;
3 promotional videos created to promote the programme to other pupils, too;
1 international conference organised for teachers/ professionals who work with student companies on daily basis.

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