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Fundraising in CEE – the future of Alternative Financing

2022.02.14 – 2 min read

 April 2019, Budapest, Hungary – SMART Conference

SMEs are increasingly turning to alternative financing options in Europe, as there are many #alternativefinancing options available online where Startups and SMEs can apply and get funding much more quickly and easily than through traditional financing instruments. As part of the SMART Conference, a panel discussion – „Fundraising in CEE” – was organised in the frame of the Altfinator project  moderated by the president of the Hungarian Venture Capital Association.

Panel discussion participants, representing major Hungarian investment (VC and angel) institutions (Bonitas Investment Fund, Hiventures, A3 Ventures, Hungarian Venture Capital Association) agreed on the main elements and challenges of the financial ecosystem, with a comparison in the national, EU and Global level.

Altfinator project partner, Innomine Group coordinated the EU-wide research on the best practices, as well as conceptualised the global strategy on developing the use of alternative finance in Europe. innomine CEO, Gabor Vicze, PhD, introduced the Altfinator project, and confirmed, that there is an individual approach required in each EU country on developing the use of Alternative Finance, which should be started by an intense awareness raising campaign towards SMEs.  He emphasized the availability of Alternative Finance, focusing especially on equity corowdfunding and ICOs in the Hungarian and European ecosystem. The panel discussion provided fruitful input to update the EU level Altfinator strategy by summarising with the experts the main challenges, stakeholders, roles, the difficulties and experiences of private VC investment as well as the importance of Jeremie-funds in Hungary.  The Altfinator Strategy on developing the availability of alternative finance is downloadable here.

CrowdFundPort project, an EU initiative to create a favorable environment for crowdfunding has come to its end, with valuable results to use further in terms of developing an enabling environment for crowdfunding, with special attention among others on regulation.

The current state of EU regulation of equity crowdfunding was introduced by legislation expert Karsten Wenzlaff, ikosom,  followed by a panel discussion on the results of the Altfinator project (altfinator.eu) and the current activity of crowdfunding platform, Crowdberry, Slovakia.

 

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IRSUS
Leading communication and dissemination activities of IRSUS and create the IRSUS Website with a portfolio of projects
Ecosystem
Platform management/expertise
More about the project
IRSUS bridged the gaps faced by start-ups to reach the market faster with a feasible, viable and attractive business case and strategy for users, clients, partners, and investors. IRSUS supported start-ups through the road to market. Innomine built a concise platform to organise the IRSUS portfolio of companies, who were selected in the frame of Open Calls. The companies with the highest business potential were selected as members of the portfolio, with the aim to be introduced towards potential investors, and especially to widen their network.  Innomine created and maintained the platform and the project portfolio.
IRSUS
Platform management/expertise
Ecosystem
Leading communication and dissemination activities of IRSUS and create the IRSUS Website with a portfolio of projects
IRSUS bridged the gaps faced by start-ups to reach the market faster with a feasible, viable and attractive business case and strategy for users, clients, partners, and investors. IRSUS supported start-ups through the road to market. Innomine built a concise platform to organise the IRSUS portfolio of companies, who were selected in the frame of Open Calls. The companies with the highest business potential were selected as members of the portfolio, with the aim to be introduced towards potential investors, and especially to widen their network.  Innomine created and maintained the platform and the project portfolio.
More about the project
IRSUS
Provide trainings and webinars for start-ups of high innovation potential and organise Open Calls
Ecosystem
Trainings, workshops, webinars
More about the project
IRSUS bridged the gaps faced by start-ups to reach the market faster with a feasible, viable and attractive business case and strategy for users, clients, partners, and investors. IRSUS supported start-ups through their road to market. As a result of the project partner’s outreach, and the lead of Innomine on communication and dissemination on start-ups and SMEs, two open calls were successfully organised. IRSUS ensured the selection of the projects of the highest business potential, and provided trainings and webinars for start-ups, among in the field of fundraising, business planning, pitching, marketing, evaluation of their business potential, that could help these start-ups on a long run. Besides these trainings, IRSUS organised networking events among the selected projects.
IRSUS
Trainings, workshops, webinars
Ecosystem
Provide trainings and webinars for start-ups of high innovation potential and organise Open Calls
IRSUS bridged the gaps faced by start-ups to reach the market faster with a feasible, viable and attractive business case and strategy for users, clients, partners, and investors. IRSUS supported start-ups through their road to market. As a result of the project partner’s outreach, and the lead of Innomine on communication and dissemination on start-ups and SMEs, two open calls were successfully organised. IRSUS ensured the selection of the projects of the highest business potential, and provided trainings and webinars for start-ups, among in the field of fundraising, business planning, pitching, marketing, evaluation of their business potential, that could help these start-ups on a long run. Besides these trainings, IRSUS organised networking events among the selected projects.
More about the project
IRSUS
Leading communication and dissemination activities of IRSUS
Research
Communication and dissemination of research results
More about the project
IRSUS bridged the gaps faced by start-ups (already funded by the European Commission) to reach the market with a feasible, viable and attractive business case and strategy for users, clients, partners, and investors. IRSUS supported start-ups through their road to market. Thanks to IRSUS partner’s wide outreach, and especially Innomine’s lead on communication and dissemination on start-ups and SMEs, the project ensured a wide coverage of the project’s communication activities all over Europe. As a result, close to 200 promising start-ups from all over Europe directly benefited from IRSUS support, to successfully drive their way to markets and to reach commercial exploitation.
IRSUS
Communication and dissemination of research results
Research
Leading communication and dissemination activities of IRSUS
IRSUS bridged the gaps faced by start-ups (already funded by the European Commission) to reach the market with a feasible, viable and attractive business case and strategy for users, clients, partners, and investors. IRSUS supported start-ups through their road to market. Thanks to IRSUS partner’s wide outreach, and especially Innomine’s lead on communication and dissemination on start-ups and SMEs, the project ensured a wide coverage of the project’s communication activities all over Europe. As a result, close to 200 promising start-ups from all over Europe directly benefited from IRSUS support, to successfully drive their way to markets and to reach commercial exploitation.
More about the project
IRSUS
Leading communication and dissemination activities of IRSUS and provide services on networking, fundraising, training
Research
Research-industry matchmaking
More about the project
IRSUS bridged the gaps faced by start-ups (already funded by the European Commission) to reach the market with a feasible, viable and attractive business case and strategy for users, clients, partners, and investors. IRSUS supported start-ups through their road to market by providing fundraising, training and networking services, to create synergies between industry and academia. As a result, the services provided towards the project partners helped start-ups to develop their technology in align with the needs of the industry, by involving academic support. As a result, close to 200 promising start-ups from all over Europe directly benefited from IRSUS support, to successfully drive their way to markets and to reach commercial exploitation.
IRSUS
Research-industry matchmaking
Research
Leading communication and dissemination activities of IRSUS and provide services on networking, fundraising, training
IRSUS bridged the gaps faced by start-ups (already funded by the European Commission) to reach the market with a feasible, viable and attractive business case and strategy for users, clients, partners, and investors. IRSUS supported start-ups through their road to market by providing fundraising, training and networking services, to create synergies between industry and academia. As a result, the services provided towards the project partners helped start-ups to develop their technology in align with the needs of the industry, by involving academic support. As a result, close to 200 promising start-ups from all over Europe directly benefited from IRSUS support, to successfully drive their way to markets and to reach commercial exploitation.
More about the project
IRSUS
Organising Open Calls and build the IRSUS community and portfolio of start-ups
Ecosystem
Developing and managing innovation ecosystems
More about the project
IRSUS bridged the gaps faced by start-ups to reach the market faster with a feasible, viable and attractive business case and strategy for users, clients, partners, and investors. IRSUS supported start-ups through the road to market. The concise evaluation and selection process of IRSUS ensured the selection of almost 200 projects, from 29 countries, of which the IRSUS portfolio of the highest business potential was created. The companies participating in IRSUS portfolio already received funding from the EC, and they utilised IRSUS services for further development, especially including fundraising, networking, promotions and trainings.
IRSUS
Developing and managing innovation ecosystems
Ecosystem
Organising Open Calls and build the IRSUS community and portfolio of start-ups
IRSUS bridged the gaps faced by start-ups to reach the market faster with a feasible, viable and attractive business case and strategy for users, clients, partners, and investors. IRSUS supported start-ups through the road to market. The concise evaluation and selection process of IRSUS ensured the selection of almost 200 projects, from 29 countries, of which the IRSUS portfolio of the highest business potential was created. The companies participating in IRSUS portfolio already received funding from the EC, and they utilised IRSUS services for further development, especially including fundraising, networking, promotions and trainings.
More about the project
NEANIAS
Connecting research with industry: organisation of open calls and developing business cases
Digital
Boosting digitalisation of SMEs
More about the project
NEANIAS Project created 12+ novel services, softwares in the Underwater, Atmospheric and Space thematic areas, by involving relevant industrial actors in its testing and development. Innomine had the role to connect research with industry by organising two successful open calls, and identified SMEs, that utilised the softwares and supported the uptake of research. As a result of innomine’s support, business cases were developed, that utilised NEANIAS services. Innomine provided individual business coaching and analysis on their business potential to each business case.
NEANIAS - Novel EOSC Services for Emerging Atmosphere, Underwater & Space Challenges
NEANIAS
Boosting digitalisation of SMEs
Digital
Connecting research with industry: organisation of open calls and developing business cases
NEANIAS Project created 12+ novel services, softwares in the Underwater, Atmospheric and Space thematic areas, by involving relevant industrial actors in its testing and development. Innomine had the role to connect research with industry by organising two successful open calls, and identified SMEs, that utilised the softwares and supported the uptake of research. As a result of innomine’s support, business cases were developed, that utilised NEANIAS services. Innomine provided individual business coaching and analysis on their business potential to each business case.
More about the project
NEANIAS - Novel EOSC Services for Emerging Atmosphere, Underwater & Space Challenges
NEANIAS
Innomine reached out to potential users of the technologies developed in the Space, Atmospheric and Underwater research fields
Ecosystem
Mobilising the CEE SME ecosystem, community building
More about the project
NEANIAS Project created 12+ novel services, softwares in the Underwater, Atmospheric and Space thematic areas, by involving relevant industrial actors in its testing and development. Innomine had the role to connect research with industry by organising two successful open calls, and identified SMEs, that utilised the softwares and supported the uptake of research. Innomine mobilised its wide DIH network, especially reaching out to SMEs, in diversified fields of disciplines and collected 20+ SMEs intended to integrate the services of NEANIAS in their normal work. Besides identifying these SMEs, innomine acted as an intermediator to connect and find collaboration points between the scientific and industrial actors.
NEANIAS - Novel EOSC Services for Emerging Atmosphere, Underwater & Space Challenges
NEANIAS
Mobilising the CEE SME ecosystem, community building
Ecosystem
Innomine reached out to potential users of the technologies developed in the Space, Atmospheric and Underwater research fields
NEANIAS Project created 12+ novel services, softwares in the Underwater, Atmospheric and Space thematic areas, by involving relevant industrial actors in its testing and development. Innomine had the role to connect research with industry by organising two successful open calls, and identified SMEs, that utilised the softwares and supported the uptake of research. Innomine mobilised its wide DIH network, especially reaching out to SMEs, in diversified fields of disciplines and collected 20+ SMEs intended to integrate the services of NEANIAS in their normal work. Besides identifying these SMEs, innomine acted as an intermediator to connect and find collaboration points between the scientific and industrial actors.
More about the project
NEANIAS - Novel EOSC Services for Emerging Atmosphere, Underwater & Space Challenges
NEANIAS
Open Call management
Ecosystem
Public funding awareness, open call management
More about the project
NEANIAS Project created 12+ novel services, softwares in the Underwater, Atmospheric and Space thematic areas, by involving relevant industrial actors in its testing and development. Innomine mobilised its European ecosystem, and successfully organised two Open Calls, to support the utilisation of Atmospheric, Underwater and Space technologies in diversified fields of disciplines. Besides the administrative tasks, innomine additionally offered to the potential applicants and organised face-to-face discussions between the applicants and the scientific actors of NEANIAS to create the possible project and develop business cases.
NEANIAS - Novel EOSC Services for Emerging Atmosphere, Underwater & Space Challenges
NEANIAS
Public funding awareness, open call management
Ecosystem
Open Call management
NEANIAS Project created 12+ novel services, softwares in the Underwater, Atmospheric and Space thematic areas, by involving relevant industrial actors in its testing and development. Innomine mobilised its European ecosystem, and successfully organised two Open Calls, to support the utilisation of Atmospheric, Underwater and Space technologies in diversified fields of disciplines. Besides the administrative tasks, innomine additionally offered to the potential applicants and organised face-to-face discussions between the applicants and the scientific actors of NEANIAS to create the possible project and develop business cases.
More about the project
NEANIAS - Novel EOSC Services for Emerging Atmosphere, Underwater & Space Challenges
NEANIAS
Innomine organised Open Innovation Workshops to support the development of NEANIAS services by the involvement of end-users
Ecosystem
Trainings, workshops, webinars
More about the project
NEANIAS Project created 12+ novel services, softwares in the Underwater, Atmospheric and Space thematic areas, by involving relevant industrial actors in its testing and development. Innomine, with the Open Innovation workshops organised in person, boosted the further development of services by facilitating the involvement of end-users. The aim of these workshops was the introduction of NEANIAS services, followed by testing.  Based on the feedbacks provided by the end-users, the experts fine-tuned their services, to be in align with the user’s requirements. Innomine organised and facilitated these workshops, to achieve the further development of the services in align with the needs of the end-users.
NEANIAS - Novel EOSC Services for Emerging Atmosphere, Underwater & Space Challenges
NEANIAS
Trainings, workshops, webinars
Ecosystem
Innomine organised Open Innovation Workshops to support the development of NEANIAS services by the involvement of end-users
NEANIAS Project created 12+ novel services, softwares in the Underwater, Atmospheric and Space thematic areas, by involving relevant industrial actors in its testing and development. Innomine, with the Open Innovation workshops organised in person, boosted the further development of services by facilitating the involvement of end-users. The aim of these workshops was the introduction of NEANIAS services, followed by testing.  Based on the feedbacks provided by the end-users, the experts fine-tuned their services, to be in align with the user’s requirements. Innomine organised and facilitated these workshops, to achieve the further development of the services in align with the needs of the end-users.
More about the project
NEANIAS - Novel EOSC Services for Emerging Atmosphere, Underwater & Space Challenges
NEANIAS
Innomine connected industry with academia to support the uptake of NEANIAS services
Research
Exploitation and commercialisation of research results
More about the project
NEANIAS Project created 12+ novel services, softwares in the Underwater, Atmospheric and Space thematic areas, by involving relevant industrial actors in its testing and development. Innomine, with the Open Innovation workshops organised in person, boosted the further development of services by facilitating the involvement of end-users. The aim of these workshops was the introduction of NEANIAS services, followed by testing. User-involvement took place in the frame of Open Calls, by potential SME-s involved in the testing and utilisation of services, so that they can take up the technologies and utilise them in industrial environment. As a result, six business cases have been developed, and further companies collected and an industrial ecosystem built around NEANIAS, that can potentially utilise the services further.
NEANIAS - Novel EOSC Services for Emerging Atmosphere, Underwater & Space Challenges
NEANIAS
Exploitation and commercialisation of research results
Research
Innomine connected industry with academia to support the uptake of NEANIAS services
NEANIAS Project created 12+ novel services, softwares in the Underwater, Atmospheric and Space thematic areas, by involving relevant industrial actors in its testing and development. Innomine, with the Open Innovation workshops organised in person, boosted the further development of services by facilitating the involvement of end-users. The aim of these workshops was the introduction of NEANIAS services, followed by testing. User-involvement took place in the frame of Open Calls, by potential SME-s involved in the testing and utilisation of services, so that they can take up the technologies and utilise them in industrial environment. As a result, six business cases have been developed, and further companies collected and an industrial ecosystem built around NEANIAS, that can potentially utilise the services further.
More about the project
NEANIAS - Novel EOSC Services for Emerging Atmosphere, Underwater & Space Challenges
NEANIAS
Innomine utilised its network in the communication and dissemination of research results with the aim to collect potential applicants for the Open Calls and organise Open Innovation Workshops
Research
Communication and dissemination of research results
More about the project
NEANIAS Project created 12+ novel services, softwares in the Underwater, Atmospheric and Space thematic areas, by involving relevant industrial actors in its testing and development. Innomine, in collaboration with NEANIAS partners mobilised its European ecosystem, disseminated the project results, and successfully organised two Open Calls, to support the utilisation of Atmospheric, Underwater and Space technologies in diversified fields of disciplines. Innomine, especially to collect potential end-users to utilise NEANIAS services, created a very intense dissemination campaign, to attract end-users for Open Innovation workshops organised in person and to explain the added values of NEANIAS services towards the audience.
NEANIAS - Novel EOSC Services for Emerging Atmosphere, Underwater & Space Challenges
NEANIAS
Communication and dissemination of research results
Research
Innomine utilised its network in the communication and dissemination of research results with the aim to collect potential applicants for the Open Calls and organise Open Innovation Workshops
NEANIAS Project created 12+ novel services, softwares in the Underwater, Atmospheric and Space thematic areas, by involving relevant industrial actors in its testing and development. Innomine, in collaboration with NEANIAS partners mobilised its European ecosystem, disseminated the project results, and successfully organised two Open Calls, to support the utilisation of Atmospheric, Underwater and Space technologies in diversified fields of disciplines. Innomine, especially to collect potential end-users to utilise NEANIAS services, created a very intense dissemination campaign, to attract end-users for Open Innovation workshops organised in person and to explain the added values of NEANIAS services towards the audience.
More about the project
NEANIAS - Novel EOSC Services for Emerging Atmosphere, Underwater & Space Challenges
NEANIAS
Connecting academy with industry to support the utilisation of NEANIAS services by organising Open Calls and Open Innovation workshops
Research
Research-industry matchmaking
More about the project
NEANIAS Project created 12+ novel services, softwares in the Underwater, Atmospheric and Space thematic areas, by involving relevant industrial actors in its testing and development. Innomine, with the Open Innovation workshops organised in person, boosted the further development of services by facilitating the involvement of end-users. The aim of these workshops was the introduction of NEANIAS services, followed by testing. User-involvement took place in the frame of Open Calls, by potential SME-s involved in the testing and utilisation of services, so that they can take up the technologies and utilise them in industrial environment. As a result, six business cases have been developed, and further companies collected and an industrial ecosystem built around NEANIAS scientific experts, that can potentially utilise the services further.
NEANIAS - Novel EOSC Services for Emerging Atmosphere, Underwater & Space Challenges
NEANIAS
Research-industry matchmaking
Research
Connecting academy with industry to support the utilisation of NEANIAS services by organising Open Calls and Open Innovation workshops
NEANIAS Project created 12+ novel services, softwares in the Underwater, Atmospheric and Space thematic areas, by involving relevant industrial actors in its testing and development. Innomine, with the Open Innovation workshops organised in person, boosted the further development of services by facilitating the involvement of end-users. The aim of these workshops was the introduction of NEANIAS services, followed by testing. User-involvement took place in the frame of Open Calls, by potential SME-s involved in the testing and utilisation of services, so that they can take up the technologies and utilise them in industrial environment. As a result, six business cases have been developed, and further companies collected and an industrial ecosystem built around NEANIAS scientific experts, that can potentially utilise the services further.
More about the project
NEANIAS - Novel EOSC Services for Emerging Atmosphere, Underwater & Space Challenges

Partners:

  • AI REGIO - GreenPET experiment – monitoring and controlling eco-friendly quality of the PET bottle manufacturing process using DATA4AI platform
GreenPET
Creating the dissemination and exploitation plan of the experiment, dissemination activities
Circularity
Sustainability
More about the project
The goal of the GreenPet experiment, implemented in the frame of the AI Regio Project was to develop a software-hardware infrastructure for enabling a comprehensive monitoring, analysis and control of the eco-friendly quality of the PET bottle manufacturing process, through focusing on two main factors, which also define its environmental footprint: Energy and Emission. The system should be flexible and open for extensions, like introducing sensors for waste management (like camera-based visual quality inspection). Innomine, leading the dissemination activities of the GreenPET experiment ensured the outreach towards PET bottle manufacturers and vendors, especially in the CEE region. The aim was to foster the use of GreenPET technology at manufacturing companies, in order to make their process more sustainable by using less resources and creating less waste during production.
GreenPET
Sustainability
Circularity
Creating the dissemination and exploitation plan of the experiment, dissemination activities
The goal of the GreenPet experiment, implemented in the frame of the AI Regio Project was to develop a software-hardware infrastructure for enabling a comprehensive monitoring, analysis and control of the eco-friendly quality of the PET bottle manufacturing process, through focusing on two main factors, which also define its environmental footprint: Energy and Emission. The system should be flexible and open for extensions, like introducing sensors for waste management (like camera-based visual quality inspection). Innomine, leading the dissemination activities of the GreenPET experiment ensured the outreach towards PET bottle manufacturers and vendors, especially in the CEE region. The aim was to foster the use of GreenPET technology at manufacturing companies, in order to make their process more sustainable by using less resources and creating less waste during production.
More about the project

Partners:

  • AI REGIO - GreenPET experiment – monitoring and controlling eco-friendly quality of the PET bottle manufacturing process using DATA4AI platform

Partners:

  • AI REGIO - GreenPET experiment – monitoring and controlling eco-friendly quality of the PET bottle manufacturing process using DATA4AI platform
GreenPET
Creating the dissemination and exploitation plan of the experiment, dissemination activities
Circularity
Green Deal
More about the project
GreenPet is a software-hardware infrastructure for enabling a comprehensive monitoring, analysis and control of the eco-friendly quality of the PET bottle manufacturing process, through focusing on two main factors, which also define its environmental footprint: Energy and Emission. The system should be flexible and open for extensions, like introducing sensors for waste management (like camera-based visual quality inspection). Innomine, mobilising PET bottle manufacturers and vendors, especially in the CEE region contributed to achieve Green Deal objectives. Innomine supported dissemination towards the use of GreenPET technology at manufacturing companies, to turn manufacturing processes more sustainable and contribute to Green Deal objectives for better gathering and sharing of data to improve access to and exchange of knowledge on climate impacts.
GreenPET
Green Deal
Circularity
Creating the dissemination and exploitation plan of the experiment, dissemination activities
GreenPet is a software-hardware infrastructure for enabling a comprehensive monitoring, analysis and control of the eco-friendly quality of the PET bottle manufacturing process, through focusing on two main factors, which also define its environmental footprint: Energy and Emission. The system should be flexible and open for extensions, like introducing sensors for waste management (like camera-based visual quality inspection). Innomine, mobilising PET bottle manufacturers and vendors, especially in the CEE region contributed to achieve Green Deal objectives. Innomine supported dissemination towards the use of GreenPET technology at manufacturing companies, to turn manufacturing processes more sustainable and contribute to Green Deal objectives for better gathering and sharing of data to improve access to and exchange of knowledge on climate impacts.
More about the project

Partners:

  • AI REGIO - GreenPET experiment – monitoring and controlling eco-friendly quality of the PET bottle manufacturing process using DATA4AI platform

Partners:

PROAGRO
Optimising agri-food projects with the tools of digitalisation and digital transformation, by utilising i4.0 technologies – Validating project ideas, identifying funding opportunities, matchmaking partners, supporting proposal preparation
Technology
Industry 4.0
ProAgro introduces digital solutions, encourage their use, support access to resources, explore and present direct EU funding opportunities, and transfer national and international good practices to local businesses. With the initiative, innomine is putting agri-food businesses in a position to succeed, helps businesses address their challenges in a business-centric and service-oriented way.

In the project period of 1-year Innomine provided services to many agri-food SMEs concerning the overall life cycle of a project, from scouting of opportunities, proposal writing, initiation, definition and design, to development, implementation and follow up. Also, we have facilitated and informed individuals or enterprises about the process of arranging access to different funding sources (private or public) and supported them with developing proposals, thus promoted the growth of entrepreneurs, start-ups as well as established companies by exploiting growth and investment opportunities.

As a result, below innovation projects were supported by Innomine 

Title: Smooth food and beverage packaging line operation in an SME - Pécsi Sörfőzde 
Technology used: Modelling and simulationThis innovation project focuses on an accumulation packaging line of a South Hungarian brewery- Pécsi Sörfőzde Zrt. The separate machines are connected with conveyors. The machines run in a stop and go modus. Before and after the machine sensors detect the load on the conveyors and switches the machines. By using the modelling and simulation technology the project targets a harmonization of the single machine operation to a regulated operation to improve line efficiency, product quality, reduce utility consumption and maintenance cost. The project aiming to optimize the pasteurization process to be more economical and efficient won an EU funding. After the implementation of the project, an important goal is to share knowledge and transfer knowledge and technology to other sectors. The know-how can also be transferred to wineries.

Title: BeerPredictor - A predictive tool for breweries to optimize the beer mashing process
Technology used: Modelling and simulationTechnical implementer – digital solution provider: EN-CO Software Zrt.; technical partner specializing in data analysis: DEODAT 21 Bt.; end-user manufacturer: Karlwood Kft., a drink manufacturing company from Miskolc. 

Title: Optimising food freezing methods with digital twin technology
Technology used: digital twinTechnical implementer – digital solution provider: Seacon Europe Kft ; end-user manufacturer: Halker Kft.,

Innomine services:
I. Generation and validation of project idea; identification of funding opportunity, selection of best fitting call; matchmaking of partners (supply and demand) and finalization of consortium; support in proposal writing
More about the project
PROAGRO
Industry 4.0
Technology
Optimising agri-food projects with the tools of digitalisation and digital transformation, by utilising i4.0 technologies – Validating project ideas, identifying funding opportunities, matchmaking partners, supporting proposal preparation
More about the project

Partners:

ProAgro introduces digital solutions, encourage their use, support access to resources, explore and present direct EU funding opportunities, and transfer national and international good practices to local businesses. With the initiative, innomine is putting agri-food businesses in a position to succeed, helps businesses address their challenges in a business-centric and service-oriented way.

In the project period of 1-year Innomine provided services to many agri-food SMEs concerning the overall life cycle of a project, from scouting of opportunities, proposal writing, initiation, definition and design, to development, implementation and follow up. Also, we have facilitated and informed individuals or enterprises about the process of arranging access to different funding sources (private or public) and supported them with developing proposals, thus promoted the growth of entrepreneurs, start-ups as well as established companies by exploiting growth and investment opportunities.

As a result, below innovation projects were supported by Innomine 

Title: Smooth food and beverage packaging line operation in an SME - Pécsi Sörfőzde 
Technology used: Modelling and simulationThis innovation project focuses on an accumulation packaging line of a South Hungarian brewery- Pécsi Sörfőzde Zrt. The separate machines are connected with conveyors. The machines run in a stop and go modus. Before and after the machine sensors detect the load on the conveyors and switches the machines. By using the modelling and simulation technology the project targets a harmonization of the single machine operation to a regulated operation to improve line efficiency, product quality, reduce utility consumption and maintenance cost. The project aiming to optimize the pasteurization process to be more economical and efficient won an EU funding. After the implementation of the project, an important goal is to share knowledge and transfer knowledge and technology to other sectors. The know-how can also be transferred to wineries.

Title: BeerPredictor - A predictive tool for breweries to optimize the beer mashing process
Technology used: Modelling and simulationTechnical implementer – digital solution provider: EN-CO Software Zrt.; technical partner specializing in data analysis: DEODAT 21 Bt.; end-user manufacturer: Karlwood Kft., a drink manufacturing company from Miskolc. 

Title: Optimising food freezing methods with digital twin technology
Technology used: digital twinTechnical implementer – digital solution provider: Seacon Europe Kft ; end-user manufacturer: Halker Kft.,

Innomine services:
I. Generation and validation of project idea; identification of funding opportunity, selection of best fitting call; matchmaking of partners (supply and demand) and finalization of consortium; support in proposal writing

Partners:

PROAGRO
Support to fond investment – Mapping and matching funding opportunities based on needs and digital assessments
Ecosystem
Public funding awareness
The ultimate goal of the ProAgro project was to support the digital transformation of the agri-food industry, in which Innomine made agri-food businesses more competitive within our region by providing services and accelerating the development and deployment of digital innovations.
The project aimed to introduce and demonstrate agri-food companies' opportunities for EU fundings through advice and digital maturity assessment, evaluation of the analysis, the development of a personalized action plan and the collection of national and international good practices. 
Two things are essential for successfully help agri-food businesses in Hungary with EU funding: 1. knowing the partners, 2. being aware of financial sources. Therefore, our approach was:

I. Supporting agri-food SMEs and start-ups:
  • Consultancy and assessment of digital maturity, needs of farmers and agri-food SMEs 
  • Analysis of the surveys, assessments and interviews, collection of good practices at national and international level and creation of a customized needs action plan based in terms of the farmer’s and SMEs current digital maturity and operational efficiency. 

II. Access to finance
  • Identification and connection to suitable funding sources by creating a map of the available national and international funding possibilities.
III. Online or onsite consultations on the suitable and available national and private funding opportunities identified
More about the project
By profiling the partners using the agricultural and food digital transformation tool developed in the ProAgro project we got a good idea of the level of maturity of the partners, not only in terms of digitization but also in terms of application capabilities. The survey showed the companies project ideas and their capabilities of implementation. We became aware of the level of the company in the requirements for international applications (eg minimum English language skills). Our already established network and the conducted agri- and food digital maturity tool and methodology allowed us to identify digitalization related project ideas and to create a pool of partners able to apply for EC calls or other international fundings.

As a results, in the 1 year project period we were able to bring in 3 partners into a Horizon Europe call, selected, validated and submitted 7 proposals to different cascade funding calls (Demeter, BOWI, Digitbrain).

Our results show that knowing our partners in term of digital and innovation maturity is very important. By using the ProAgro agri-food digital transformation tool and methodology, we can not only suggest steps to improve digitization, but also identify needs that can be turned into project plans that can be a good topic for EU cascade funding. Innomine DIH continues to help national and international agri-food businesses to address their challenges in a business-centric and service-oriented way, and making available to any business to access the latest knowledge, expertise and technology.
PROAGRO
Public funding awareness
Ecosystem
Support to fond investment – Mapping and matching funding opportunities based on needs and digital assessments
More about the project

Partners:

The ultimate goal of the ProAgro project was to support the digital transformation of the agri-food industry, in which Innomine made agri-food businesses more competitive within our region by providing services and accelerating the development and deployment of digital innovations.
The project aimed to introduce and demonstrate agri-food companies' opportunities for EU fundings through advice and digital maturity assessment, evaluation of the analysis, the development of a personalized action plan and the collection of national and international good practices. 
Two things are essential for successfully help agri-food businesses in Hungary with EU funding: 1. knowing the partners, 2. being aware of financial sources. Therefore, our approach was:

I. Supporting agri-food SMEs and start-ups:
  • Consultancy and assessment of digital maturity, needs of farmers and agri-food SMEs 
  • Analysis of the surveys, assessments and interviews, collection of good practices at national and international level and creation of a customized needs action plan based in terms of the farmer’s and SMEs current digital maturity and operational efficiency. 

II. Access to finance
  • Identification and connection to suitable funding sources by creating a map of the available national and international funding possibilities.
III. Online or onsite consultations on the suitable and available national and private funding opportunities identified
By profiling the partners using the agricultural and food digital transformation tool developed in the ProAgro project we got a good idea of the level of maturity of the partners, not only in terms of digitization but also in terms of application capabilities. The survey showed the companies project ideas and their capabilities of implementation. We became aware of the level of the company in the requirements for international applications (eg minimum English language skills). Our already established network and the conducted agri- and food digital maturity tool and methodology allowed us to identify digitalization related project ideas and to create a pool of partners able to apply for EC calls or other international fundings.

As a results, in the 1 year project period we were able to bring in 3 partners into a Horizon Europe call, selected, validated and submitted 7 proposals to different cascade funding calls (Demeter, BOWI, Digitbrain).

Our results show that knowing our partners in term of digital and innovation maturity is very important. By using the ProAgro agri-food digital transformation tool and methodology, we can not only suggest steps to improve digitization, but also identify needs that can be turned into project plans that can be a good topic for EU cascade funding. Innomine DIH continues to help national and international agri-food businesses to address their challenges in a business-centric and service-oriented way, and making available to any business to access the latest knowledge, expertise and technology.

Partners:

PROAGRO
Support to fond investment – Mapping and matching funding opportunities based on needs and digital assessments
Digital
Boosting digitalisation of SMEs
The ultimate goal of the ProAgro project was to support the digital transformation of the agri-food industry, in which Innomine made agri-food businesses more competitive within our region by providing services and accelerating the development and deployment of digital innovations.
The project aimed to introduce and demonstrate agri-food companies' opportunities for EU fundings through advice and digital maturity assessment, evaluation of the analysis, the development of a personalized action plan and the collection of national and international good practices. 
Two things are essential for successfully help agri-food businesses in Hungary with EU funding: 1. knowing the partners, 2. being aware of financial sources. Therefore, our approach was:

I. Supporting agri-food SMEs and start-ups:
  • Consultancy and assessment of digital maturity, needs of farmers and agri-food SMEs 
  • Analysis of the surveys, assessments and interviews, collection of good practices at national and international level and creation of a customized needs action plan based in terms of the farmer’s and SMEs current digital maturity and operational efficiency. 

II. Access to finance
  • Identification and connection to suitable funding sources by creating a map of the available national and international funding possibilities.
III. Online or onsite consultations on the suitable and available national and private funding opportunities identified
More about the project
By profiling the partners using the agricultural and food digital transformation tool developed in the ProAgro project we got a good idea of the level of maturity of the partners, not only in terms of digitization but also in terms of application capabilities. The survey showed the companies project ideas and their capabilities of implementation. We became aware of the level of the company in the requirements for international applications (eg minimum English language skills). Our already established network and the conducted agri- and food digital maturity tool and methodology allowed us to identify digitalization related project ideas and to create a pool of partners able to apply for EC calls or other international fundings.

As a results, in the 1 year project period we were able to bring in 3 partners into a Horizon Europe call, selected, validated and submitted 7 proposals to different cascade funding calls (Demeter, BOWI, Digitbrain).

Our results show that knowing our partners in term of digital and innovation maturity is very important. By using the ProAgro agri-food digital transformation tool and methodology, we can not only suggest steps to improve digitization, but also identify needs that can be turned into project plans that can be a good topic for EU cascade funding. Innomine DIH continues to help national and international agri-food businesses to address their challenges in a business-centric and service-oriented way, and making available to any business to access the latest knowledge, expertise and technology.
PROAGRO
Boosting digitalisation of SMEs
Digital
Support to fond investment – Mapping and matching funding opportunities based on needs and digital assessments
More about the project

Partners:

The ultimate goal of the ProAgro project was to support the digital transformation of the agri-food industry, in which Innomine made agri-food businesses more competitive within our region by providing services and accelerating the development and deployment of digital innovations.
The project aimed to introduce and demonstrate agri-food companies' opportunities for EU fundings through advice and digital maturity assessment, evaluation of the analysis, the development of a personalized action plan and the collection of national and international good practices. 
Two things are essential for successfully help agri-food businesses in Hungary with EU funding: 1. knowing the partners, 2. being aware of financial sources. Therefore, our approach was:

I. Supporting agri-food SMEs and start-ups:
  • Consultancy and assessment of digital maturity, needs of farmers and agri-food SMEs 
  • Analysis of the surveys, assessments and interviews, collection of good practices at national and international level and creation of a customized needs action plan based in terms of the farmer’s and SMEs current digital maturity and operational efficiency. 

II. Access to finance
  • Identification and connection to suitable funding sources by creating a map of the available national and international funding possibilities.
III. Online or onsite consultations on the suitable and available national and private funding opportunities identified
By profiling the partners using the agricultural and food digital transformation tool developed in the ProAgro project we got a good idea of the level of maturity of the partners, not only in terms of digitization but also in terms of application capabilities. The survey showed the companies project ideas and their capabilities of implementation. We became aware of the level of the company in the requirements for international applications (eg minimum English language skills). Our already established network and the conducted agri- and food digital maturity tool and methodology allowed us to identify digitalization related project ideas and to create a pool of partners able to apply for EC calls or other international fundings.

As a results, in the 1 year project period we were able to bring in 3 partners into a Horizon Europe call, selected, validated and submitted 7 proposals to different cascade funding calls (Demeter, BOWI, Digitbrain).

Our results show that knowing our partners in term of digital and innovation maturity is very important. By using the ProAgro agri-food digital transformation tool and methodology, we can not only suggest steps to improve digitization, but also identify needs that can be turned into project plans that can be a good topic for EU cascade funding. Innomine DIH continues to help national and international agri-food businesses to address their challenges in a business-centric and service-oriented way, and making available to any business to access the latest knowledge, expertise and technology.
BOWI
Experiment management and coordination
Digital
Boosting digitalisation of SMEs
Within the BOWI project, innomine's main task was to manage the implementation of 4 Hungarian SME projects for 10 months (2022.05.15 - 2023.03.15.).

The 4 projects (experiments) were aimed at introducing or further developing innovativ technologies:
CAADEX Kft.:
CAADEX Production Optimization System Pécsi Sörfőzde Zrt: Smooth food and beverage packaging line operation in an SME - Pecsi Sorfozde
KONETIK: Fleet electrification with an ML-based charging plan EN-CO Software Zrt: Development of a fully-fledged, automated bin-picking solution During the 10 months innomine continuously monitored the progress of the projects, if a problem occurred, supported the SME in the solution, connected the companies with the BOWI consortium, helped to communicate with them. We also supported the preparation of the reports and documents that the 4 companies were required to prepare, checked them before submission and advised on modifications where necessary.

Outcome:
All 4 projects were completed successfully and on time, all were accepted by the BOWI consortium without exception. Thanks to the digital solutions implemented or improved, all 4 companies have since been able to operate more efficiently, and their names have been recognised internationally thanks to the project.
More about the project
BOWI - connecting digital innovation hubs and SMEs in the discovery of advanced digital solutions
BOWI
Boosting digitalisation of SMEs
Digital
Experiment management and coordination
More about the project
BOWI - connecting digital innovation hubs and SMEs in the discovery of advanced digital solutions

Partners:

Consortium:

  • TNO
  • FundingBox
  • VTT
  • Krakow Technology Park
  • Transilvania IT Cluster
  • Aachen University
  • ICT Cluster Bulgaria
  • Latvian IT Cluster 
  • Civitta
  • NTNU
  • University of West Bohemia


DIH network:

  • DIH TECHNICOM – University Science Park TECHNICOM on behalf of the Technical University of Košice (Szlovákia)
  • Innomine DIH – South Transdanubian branch (Magyarország)
  • Blue European Digital Innovation Hub (Horvátország)
  • Futures of Innovation and Technology Digital Innovation Hub (Románia)
  • Sunrise Valley Digital Innovation Hub (Litvánia)
  • Centre 4.0 Igor Sikorsky Kyiv Polytechnic Institute (Ukrajna)
  • Hub For Digital Innovations (Csehország)
  • Belgrade Robotics Hub (Szerbia)
  • Advanced Manufacturing Digital Innovation Hub (Litvánia)


„Customers” 
- 4 Hungarian companies we mentored and supported for 10 months as part of the BOWI project:

  • CAADEX Kft
  • Pécsi Sördőzde Zrt
  • EN-CO Software Zrt
  • KONETIK GmbH
Within the BOWI project, innomine's main task was to manage the implementation of 4 Hungarian SME projects for 10 months (2022.05.15 - 2023.03.15.).

The 4 projects (experiments) were aimed at introducing or further developing innovativ technologies:
CAADEX Kft.:
CAADEX Production Optimization System Pécsi Sörfőzde Zrt: Smooth food and beverage packaging line operation in an SME - Pecsi Sorfozde
KONETIK: Fleet electrification with an ML-based charging plan EN-CO Software Zrt: Development of a fully-fledged, automated bin-picking solution During the 10 months innomine continuously monitored the progress of the projects, if a problem occurred, supported the SME in the solution, connected the companies with the BOWI consortium, helped to communicate with them. We also supported the preparation of the reports and documents that the 4 companies were required to prepare, checked them before submission and advised on modifications where necessary.

Outcome:
All 4 projects were completed successfully and on time, all were accepted by the BOWI consortium without exception. Thanks to the digital solutions implemented or improved, all 4 companies have since been able to operate more efficiently, and their names have been recognised internationally thanks to the project.
BOWI
Experiment management and coordination
Digital
Digital manufacturing
Within the BOWI project, innomine's main task was to manage the implementation of 4 Hungarian SME projects for 10 months (2022.05.15 - 2023.03.15.).

The 4 projects (experiments) were aimed at introducing or further developing innovativ technologies:
CAADEX Kft.:
CAADEX Production Optimization System Pécsi Sörfőzde Zrt: Smooth food and beverage packaging line operation in an SME - Pecsi Sorfozde
KONETIK: Fleet electrification with an ML-based charging plan EN-CO Software Zrt: Development of a fully-fledged, automated bin-picking solution During the 10 months innomine continuously monitored the progress of the projects, if a problem occurred, supported the SME in the solution, connected the companies with the BOWI consortium, helped to communicate with them. We also supported the preparation of the reports and documents that the 4 companies were required to prepare, checked them before submission and advised on modifications where necessary.

Outcome:
All 4 projects were completed successfully and on time, all were accepted by the BOWI consortium without exception. Thanks to the digital solutions implemented or improved, all 4 companies have since been able to operate more efficiently, and their names have been recognised internationally thanks to the project.
More about the project
BOWI - connecting digital innovation hubs and SMEs in the discovery of advanced digital solutions
BOWI
Digital manufacturing
Digital
Experiment management and coordination
More about the project
BOWI - connecting digital innovation hubs and SMEs in the discovery of advanced digital solutions

Partners:

Consortium:

  • TNO
  • FundingBox
  • VTT
  • Krakow Technology Park
  • Transilvania IT Cluster
  • Aachen University
  • ICT Cluster Bulgaria
  • Latvian IT Cluster 
  • Civitta
  • NTNU
  • University of West Bohemia


DIH network:

  • DIH TECHNICOM – University Science Park TECHNICOM on behalf of the Technical University of Košice (Szlovákia)
  • Innomine DIH – South Transdanubian branch (Magyarország)
  • Blue European Digital Innovation Hub (Horvátország)
  • Futures of Innovation and Technology Digital Innovation Hub (Románia)
  • Sunrise Valley Digital Innovation Hub (Litvánia)
  • Centre 4.0 Igor Sikorsky Kyiv Polytechnic Institute (Ukrajna)
  • Hub For Digital Innovations (Csehország)
  • Belgrade Robotics Hub (Szerbia)
  • Advanced Manufacturing Digital Innovation Hub (Litvánia)


„Customers” 
- 4 Hungarian companies we mentored and supported for 10 months as part of the BOWI project:

  • CAADEX Kft
  • Pécsi Sördőzde Zrt
  • EN-CO Software Zrt
  • KONETIK GmbH
Within the BOWI project, innomine's main task was to manage the implementation of 4 Hungarian SME projects for 10 months (2022.05.15 - 2023.03.15.).

The 4 projects (experiments) were aimed at introducing or further developing innovativ technologies:
CAADEX Kft.:
CAADEX Production Optimization System Pécsi Sörfőzde Zrt: Smooth food and beverage packaging line operation in an SME - Pecsi Sorfozde
KONETIK: Fleet electrification with an ML-based charging plan EN-CO Software Zrt: Development of a fully-fledged, automated bin-picking solution During the 10 months innomine continuously monitored the progress of the projects, if a problem occurred, supported the SME in the solution, connected the companies with the BOWI consortium, helped to communicate with them. We also supported the preparation of the reports and documents that the 4 companies were required to prepare, checked them before submission and advised on modifications where necessary.

Outcome:
All 4 projects were completed successfully and on time, all were accepted by the BOWI consortium without exception. Thanks to the digital solutions implemented or improved, all 4 companies have since been able to operate more efficiently, and their names have been recognised internationally thanks to the project.
BOWI
Experiment management and coordination
Technology
Management of technology pilots
Within the BOWI project, innomine's main task was to manage the implementation of 4 Hungarian SME projects for 10 months (2022.05.15 - 2023.03.15.).

The 4 projects (experiments) were aimed at introducing or further developing innovativ technologies:
CAADEX Kft.:
CAADEX Production Optimization System Pécsi Sörfőzde Zrt: Smooth food and beverage packaging line operation in an SME - Pecsi Sorfozde
KONETIK: Fleet electrification with an ML-based charging plan EN-CO Software Zrt: Development of a fully-fledged, automated bin-picking solution During the 10 months innomine continuously monitored the progress of the projects, if a problem occurred, supported the SME in the solution, connected the companies with the BOWI consortium, helped to communicate with them. We also supported the preparation of the reports and documents that the 4 companies were required to prepare, checked them before submission and advised on modifications where necessary.

Outcome:
All 4 projects were completed successfully and on time, all were accepted by the BOWI consortium without exception. Thanks to the digital solutions implemented or improved, all 4 companies have since been able to operate more efficiently, and their names have been recognised internationally thanks to the project.
More about the project
BOWI - connecting digital innovation hubs and SMEs in the discovery of advanced digital solutions
BOWI
Management of technology pilots
Technology
Experiment management and coordination
More about the project
BOWI - connecting digital innovation hubs and SMEs in the discovery of advanced digital solutions

Partners:

Consortium:

  • TNO
  • FundingBox
  • VTT
  • Krakow Technology Park
  • Transilvania IT Cluster
  • Aachen University
  • ICT Cluster Bulgaria
  • Latvian IT Cluster 
  • Civitta
  • NTNU
  • University of West Bohemia


DIH network:

  • DIH TECHNICOM – University Science Park TECHNICOM on behalf of the Technical University of Košice (Szlovákia)
  • Innomine DIH – South Transdanubian branch (Magyarország)
  • Blue European Digital Innovation Hub (Horvátország)
  • Futures of Innovation and Technology Digital Innovation Hub (Románia)
  • Sunrise Valley Digital Innovation Hub (Litvánia)
  • Centre 4.0 Igor Sikorsky Kyiv Polytechnic Institute (Ukrajna)
  • Hub For Digital Innovations (Csehország)
  • Belgrade Robotics Hub (Szerbia)
  • Advanced Manufacturing Digital Innovation Hub (Litvánia)


„Customers” 
- 4 Hungarian companies we mentored and supported for 10 months as part of the BOWI project:

  • CAADEX Kft
  • Pécsi Sördőzde Zrt
  • EN-CO Software Zrt
  • KONETIK GmbH
Within the BOWI project, innomine's main task was to manage the implementation of 4 Hungarian SME projects for 10 months (2022.05.15 - 2023.03.15.).

The 4 projects (experiments) were aimed at introducing or further developing innovativ technologies:
CAADEX Kft.:
CAADEX Production Optimization System Pécsi Sörfőzde Zrt: Smooth food and beverage packaging line operation in an SME - Pecsi Sorfozde
KONETIK: Fleet electrification with an ML-based charging plan EN-CO Software Zrt: Development of a fully-fledged, automated bin-picking solution During the 10 months innomine continuously monitored the progress of the projects, if a problem occurred, supported the SME in the solution, connected the companies with the BOWI consortium, helped to communicate with them. We also supported the preparation of the reports and documents that the 4 companies were required to prepare, checked them before submission and advised on modifications where necessary.

Outcome:
All 4 projects were completed successfully and on time, all were accepted by the BOWI consortium without exception. Thanks to the digital solutions implemented or improved, all 4 companies have since been able to operate more efficiently, and their names have been recognised internationally thanks to the project.
Digital Maturity Assessment Methodology
Assessing the digital maturity level of Hungarian SMEs in order to help formulate Digital Transformation Strategy
Digital
Digital Transformation Strategy
innomine helps the digitalization and digital transformation of the Hungarian SMEs in the last 13 years. As the digital transformation became more important to build and maintain resilience, keep up in the sever business environment, innomine faced increasing need of consultancy on this field. Based on its vast related experience developed Digital Maturity Assessment Tool. 

A systematic self-assessment helps companies to have the top-level evaluation of its digital readiness. Moreover, comparison with fellow industry members orient business management to evaluate the status of their organization. Our Digital Readiness Assessment integrate various dimensions, which are vital to draw a full picture of the company.

These are: Digital Strategy, Company Culture, Value Creation Process, Supporting Process, Customer Experience and IT. There are several similar tools available internationally, but the challenge was to develop a methodology, which are tailored for the Hungarian small businesses, and helps homogenic understanding of the terms. The concept of the assessment tool focuses on the consciousness, readiness and willingness of digitalization. The tool uses multiple-choice questions with pre-set answers, which ensure the solid understanding cross the different respondents.

The automated evaluation provides a Digital Readiness Index, which is compared against industry average – helping the partners to see their maturity status.Based on the evaluation innomine able to help SMEs to build the strategy and action plan, which takes the company further on the digital transformation journey.

IFKA tanácsadás - Consulting on digital transformation

    Digital Maturity Assessment Methodology
    Digital Transformation Strategy
    Digital
    Assessing the digital maturity level of Hungarian SMEs in order to help formulate Digital Transformation Strategy

    IFKA tanácsadás -
    Consulting on digital transformation

      REF

      • Első Beton
      • Caadex
      • Visuall
      • Tracon
      • Studium
      • Gépteszt
        innomine helps the digitalization and digital transformation of the Hungarian SMEs in the last XXX years. As the digital transformation became more important to build and maintain resilience, keep up in the sever business environment, innomine faced increasing need of consultancy on this field. Based on its vast related experience developed Digital Maturity Assessment Tool. 

        A systematic self-assessment helps companies to have the top-level evaluation of its digital readiness. Moreover, comparison with fellow industry members orient business management to evaluate the status of their organization. Our Digital Readiness Assessment integrate various dimensions, which are vital to draw a full picture of the company.

        These are: Digital Strategy, Company Culture, Value Creation Process, Supporting Process, Customer Experience and IT. There are several similar tools available internationally, but the challenge was to develop a methodology, which are tailored for the Hungarian small businesses, and helps homogenic understanding of the terms. The concept of the assessment tool focuses on the consciousness, readiness and willingness of digitalization. The tool uses multiple-choice questions with pre-set answers, which ensure the solid understanding cross the different respondents.

        The automated evaluation provides a Digital Readiness Index, which is compared against industry average – helping the partners to see their maturity status.Based on the evaluation innomine able to help SMEs to build the strategy and action plan, which takes the company further on the digital transformation journey.
        BPDC
        Ecosystem
        Trainings, workshops, webinars
        The Business Promotion & Development Campus (BPDC) is an innovation center operating as part of the Embassy of Hungary in Washington D.C. which offers – beyond the physical amenities – development program for the Hungarian companies aiming to enter the USA market. Its mission was also to help Hungarian companies with networking options by introducing them to the local business communities.

        innomine – as the selected professional implementer - was commissioned to organize boot camps: find, recruit, assess and select relevant companies, compose and deliver enablement program, organize first pitches and business meetings, networking events.

        innomine organized five cohort of companies during 2019-2021. Based on our experiences and own methodology it was paramount, that local (US) trainers and mentors help the development of the Hungarian SMEs. In cooperation with our US partners a multilevel program has been composed, covering business planning, sales, pitching, marketing. Experts selected from top American companies’ executives worked with the management of Hungarian SMEs in order to prepare them for the US market activity. The Hungarian SMEs were coming mainly from the ITC industry, but agriculture and gree business has been also represented – both established mature companies and start-ups.
        Development program for the Hungarian companies aiming to enter the USA market
        BOWI
        Trainings, workshops, webinars
        Ecosystem
        Development program for the Hungarian companies aiming to enter the USA market
        The Business Promotion & Development Campus (BPDC) is an innovation center operating as part of the Embassy of Hungary in Washington D.C. which offers – beyond the physical amenities – development program for the Hungarian companies aiming to enter the USA market. Its mission was also to help Hungarian companies with networking options by introducing them to the local business communities.

        innomine – as the selected professional implementer - was commissioned to organize boot camps: find, recruit, assess and select relevant companies, compose and deliver enablement program, organize first pitches and business meetings, networking events.

        innomine organized five cohort of companies during 2019-2021. Based on our experiences and own methodology it was paramount, that local (US) trainers and mentors help the development of the Hungarian SMEs. In cooperation with our US partners a multilevel program has been composed, covering business planning, sales, pitching, marketing. Experts selected from top American companies’ executives worked with the management of Hungarian SMEs in order to prepare them for the US market activity. The Hungarian SMEs were coming mainly from the ITC industry, but agriculture and gree business has been also represented – both established mature companies and start-ups.
        innomine
        Seraphinite AcceleratorOptimized by Seraphinite Accelerator
        Turns on site high speed to be attractive for people and search engines.