P1 Competitive economy
1.2. More entrepreneunial youth
Central Baltic
01.06.2020 - 31.05.2022
€488 472
€400 446
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.
Valmieras Attīstības aģentūra
Country: LV
Partner budget: 125.072 EUR
Amount of ERDF funding: 106.311 EUR ERDF
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
Achieved results
Teaming UP encouraged entrepreneurship among the youth
The project has developed a Teaming up motivational programme methodology which has included a large number of different kinds of events, workshops, entrepreneur visits, mentoring and a bootcamp as well as pitching possibilities. Altogether 12 international business teams were formed as a result of the project. Ten mentors from Latvia, Estonia and Finland were involved and more than 50 business experts and speakers from the Central Baltic region took part in the project.
Cross-border cooperation was also the main driving factor that improved students' business skills and entrepreneurial potential. It encouraged them to think globally and internationally In the future, it will support them to enter new markets, export their product and communicate their ideas with people from different countries.
An additional result of the Teaming UP programme is the availability of student company products in the Mercuria online store, thus encouraging students to continue developing their business ideas after the programme (https://shop.mercuria.fi/c/tuotteet/teaming-up-products).
A project sustainability plan has also been made.
- Student business simulations
- 12 business teams
- Over 50 business experts involved
Internet presence
Lead partner webpage - project link
Other media visibility
Pandeemia ei sega rahvusvaheliste õpilasfirmade loomist (opleht.ee, 05.03.2021.)
Unikalitāte, aizrautība un motivācija biznesā (developvalmiera.lv; 30.03.2021.)
VINKKEJÄ YRITYKSEN PERUSTAMISEEN TEAMING UP-PROJEKTIN MENTOREILTA (mercuria.fi; 22.05.2021.)