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TRIMIS

REinforce Competitiveness of REgionAl Transport SMEs

PROJECTS
Funding
European
European Union
Duration
-
Geo-spatial type
Other
Total project cost
€1 096 255
EU Contribution
€931 816
Project Acronym
RECREATE
STRIA Roadmaps
Transport mode
Multimodal icon
Transport policies
Societal/Economic issues,
Deployment planning/Financing/Market roll-out
Transport sectors
Passenger transport,
Freight transport

Overview

Background & Policy context

SMEs currently employ 55% of the EU workforce in transport, and their important role in the value chain is expected to expand. The rigid value chain of the transport sector is stifling the introduction of innovation by SMEs into new vehicles and transport-related products. SMEs (usually Tier 2 suppliers) find it difficult to interact with vehicle manufacturers, as they generally have short-term supply contracts to Tier 1 companies, who are strongly linked to specific large volume OEMs. Tier 2 SMEs have no collective voice or influence at European level and the EU is not taking advantage of or supporting directly the thriving innovative companies in this sector. ( CUE, 2015, Report on transport SMEs in regions, INTRASME project-FP7) RECREATE will address this market failure and focus on the opportunities that new markets offer to innovative and dynamic transport SMEs through adaption of regional support schemes.

Objectives

RECREATE will improve the capacity and capability of regional transport SMEs to further develop and grow: this includes support for:

  • Research and Development,
  • Rapid development and implementation of products and services,
  • Access to finance schemes,
  • Internationalisation opportunities.

RECREATE adopts a holistic approach to SME support by by improving all the relevant schemes that could potentially deliver growth to the regional transport SMEs. Recognising the importance and the potential of the transport SMEs in the economies of the regions involved, RECREATE will map transport SME support measures and assess their effectiveness. The integrated approach adopted by the RECREATE project will drive the identification and development of support mechanisms in the transport SME sector and it will ultimately deliver Action Plans and policy recommendations for evidence-based policy improvement.

Funding

Specific funding programme
Programme 2014-2020 Interreg Europe
Funding Source
European Regional Development Fund

Results

The project will increase the levels of regional transport SME capacity and skills which will boost SME competitiveness and growth. The core idea of the project is built on the assumption that the transport SMEs currently employ 55% of the EU workforce, therefore they are key component of growth. RECREATE will adopt an overarching approach to support all types of transport SMEs: Strategic Innovators -high technology research intensive seeking to develop technology, Exploitation Seekers -seeking to exploit research results, Technology Translators -translate between technologies and the market, Technology Networkers-seek for a better understanding of technology developments relevant to their business and to develop commercially useful relationships.

Partners

Lead Organisation
Organisation
Coventry University Enterprises Limited
Address
Priory Street, Coventry, CV1 5FB, United Kingdom
EU Contribution
€272 382
Partner Organisations
EU Contribution
€168 283
EU Contribution
€168 283
EU Contribution
€150 450
EU Contribution
€156 145

Technologies

Technology Theme
Information systems
Technology
Transport research and innovation strategies
Development phase
Implementation

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