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26 partners from various regions in the European Union committed themselves to work together for three years in the DIFASS project. Tallinn Science Park Tehnopol is a core partner of the project. The DIFASS partners held their first meeting on May 10-11 in Sárvár, Hungary, in the home region of the project leader Pannon Business Network.
DIFASS deals with the barriers for internationalisation of SMEs and facilitate access to finance. The focus will be on the development and implementation of non-grant based financial support instruments, such as revolving funds, transregional funds and venture capital funds.
The regions participating in the DIFASS project have teamed up to exchange experiences on innovative business support measures established in their own regions and to support the transnational transfer of selected examples of good practice towards other regions. For instance, an internet based Micro Finance Management tool from Hungary will be transferred to regions in Estonia, Spain, Italy and the Slovak Republic. Secondly, a programme from Andalusia to support internationalisation of SMEs will be implemented as a pilot in regions in Denmark, Italy, Romania and Sweden.
Furthermore, all participating regions will develop a Policy Implementation Plan based on exchange of experience on good practice from other regions in Europe to improve own policies tackling access to finance for SMEs, innovation, internationalisation and sustainable growth.
The DIFASS project is supported by the INTERREG IVC Programme. The overall objective of the programme is to improve the effectiveness of regional policies and instruments. INTERREG IVC provides funding for interregional cooperation across Europe. It is implemented under the European Community’s territorial co-operation objective and financed through the European Regional Development Fund (ERDF).
For more information on the DIFASS project and the involvement of Tallinn Science Park Tehnopol please contact Külle Tärnov by e-mail http://firstname.lastname@example.org.