The FAN-BEST Coach Network is designed to provide support to SMEs that carry out innovative projects within the Blue Economy sector, making possible the start and scale-up phase. No matter if you are an entrepreneur or an already existing SME, this program is for you.
There are two main factors that undermine the innovation capacity of the SMEs that mainly compose the Blue Economy sectors in the Atlantic Area:
The main objective of the FAN-BEST Coach Network is to select, coach and monitor at least 7 innovation projects from the Atlantic Blue Economy sectors, so that the technologies and innovations “made in Atlantic regions” can reach the market turning into successful business projects. All the FAN-BEST partners will collaborate with this program, being in charge of the selection process and providing the coach to the beneficiaries, monitoring the whole process.
Some of the main tasks to be carried out is to provide information, advice and coaching to SMEs so that they can learn more about all key strategic aspects concerning the project as IP, marketing, commercial, technological, financing and human resources, as well as the available financing opportunities, which are the instruments and grants more suitable among all the wide landscape of programs and instruments from local to international level, in order to help them to achieve the appropriate financing.
Two kind of services will be provided to the beneficiaries:
The programme is addressed to persons with a company already created or not, such as potential entrepreneurs, start-ups, scale-ups and other existing small and medium-sized enterprises (SMEs) with an innovative idea to contribute to a EU sustainable Blue Economy, marketable innovation solutions and ambitions to scale up.
It targets any SMEs (established or expected), including entrepreneurs, start-ups and scale-ups from Blue Economy sectors. In addition, the project to be submitted has to be located in any of the regions of the Atlantic Area Cooperation Programme.
If you want to participate in the selection process, you have to fill the Annex 1 – Application Form and send it to firstname.lastname@example.org until April 23th.
Each partner will pre-select some proposals based on the location of the project and the score assigned. Companies that pass the initial selection stage, will be invited to pitch their idea, project or service (the pitch will have a maximum duration of 7 minutes, covering not only the technical part but also the project key aspects as the team capabilities and the business plan) in front of a panel of jury experts for Q&A during 7min more. This jury will be made up by members of each FANBEST partners’ teams. The pre-selected applicants have the option of sending a video recording instead making a live on-line pitch presentation. This second process complements the existing paper-based assessment in order to take full account of the personal qualities and motivations of the applicants.