Accelerating Local Innovation Ecosystems in Europe

Europe has been in the forefront for research and innovation, even though at different paces depending on specific location.

In this context, ACCELERO – Accelerating Local Innovation Ecosystems in Europe aims at contributing to reverse the unbalanced business activity in Europe by increasing the attractiveness of (less advanced) ecosystems: making ‘modest’ and ‘moderate’ innovation ecosystems more attractive to local startups that will benefit from a strong local support and avoid relocation to EU hubs as well to international companies interested in setting up their businesses outside the established and well-known centres.

It also aims at tapping into the potential of local ecosystems through co-designed programmes of activities proposed jointly by business acceleration entities located in less connected innovation ecosystems (‘modest’ and ‘moderate’) and innovation hubs (‘strong innovators’ and innovation leaders’), to improve the quality of business acceleration services, their network outreach and scale-up support.

ACCELERO has the ambition of creating a pan-European community of business support organisations (BSOs) as the one-stop shop for all BSOs and its “customers”, the startups and SMEs, as well as for peer-to-peer exchange, networking and connectedness for all stakeholders engaged in the broader innovation ecosystem.

This will be achieved with an initial ACCELERO extended community apart from consortium members to co-create and pilot-test high-quality business acceleration services with European BSOs from emerging and moderate innovators together with experts from strong and leader innovation regions or Member States, followed by the launch of the community inside Euroquity platform.