In Transit aims to strengthen the resilience of textile, aerospace, advanced manufacturing and construction SMEs towards greener and more digital sectors with social and business model, with a mixed support mechanism including individual assessment support and a lump sum and coaching to ensure their consolidation and sustainability.
In Transit project has a total budget of 5M€ from which 3M€ will be distributed using cascade funding to SMEs and will use 1M€ to provide services to SMEs to thrive their digital and green transition over a period of 36 months.
The In Transit project aims to support the main objectives of the European Green Deal and EU SME Strategy.
It aims to boost competitiveness in EU regions, providing SMEs with support from incubation to scale-up of cross-sectoral solutions, focusing on circularity, digitalisation, and sustainability.
The project will facilitate set of activities prior to each call for proposals to facilitate generation of project ideas such as workshops, matchmakings and webinars, as well as learning expeditions and customised advisory services based on coaching sessions.
In Transit has a strategy to boost the competitiveness of European SMEs for their transition based on four key pillars:
- Incubating a series of joint services to support SMEs in identifying opportunities, needs and market pain points and connecting different sectors by favoring cross-sector learning, best practice sharing and collaborative development.
- Innovation support through personalized advisory services, including a self-assessment and a circular/digital diagnosis, as well as coaching/training at a strategic level depending on the business model.
- The development of transition projects for SMEs with financial support through cascading financing, complemented by a coaching service.
- Scaling up to the market with additional customized services, through European Structural and Investment Funds or other public or private sources.
The In Transit project has received funding from the Horizon Europe program and involves ten entities from eight European countries. It is coordinated by Ateval in the Comunitat Valenciana, and has as partners AEI Tèxtils in Catalonia, CTA in Andalusia, Corallia in Greece, Productech in Portugal, Science Park Graz in Austria, TUS (Ideam) in Ireland, Polimi in Italy, IRTJV in France, and CCS in Slovenia.
For more information, visit https://intransitproject.eu
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