The Partners

• Technische Universiteit Delft (Netherlands)
• Turun Yliopisto (Finland)
• Innovalor BV (Netherlands)
• Univerza v Mariboru (Slovenia)
• Universidad de Mauricia (Spain)
• Acrosslimits LTD (Malta)
• Bgator OY (Finland)
• Kauno Technologijos Universitetas (Lithuania)
• Lef Marketing & Events BV (Netherlands)

Problem Description

Reaching the ambitions of the Europe 2020 and the Innovation Union requires much more than just technological innovations. In the academic community, Business Model Innovation (BMI) has for a long time been recognized as the key to improved competitiveness and innovativeness. However, BMI does not reach SMEs yet nor is there knowledge on how SMEs conduct BMI in practice.

Solution

Empowering SMEs to conduct BMI requires new approaches. By leveraging existing networks and communities, we will gather examples, best practices and insights into Business Models (BM) from case studies from each and every European region or industry, complemented with insights from other leading countries worldwide.

The BM vortex will thus generate an enormous and rich library of business models patterns and managerial structures, provided on a platform,  to support SMEs in these communities. We will also develop innovative tooling and provide them on the platform to makes it easy for SMEs to develop, evaluate and plan new business models.