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Create Funding models for transnational Innovation and Research in the Baltic Sea Region (BSR Fund)
Start date: Dec 31, 2010, End date: Dec 30, 2014 PROJECT  FINISHED 

The purpose is to strengthen BSR innovation capacity by developing financial concepts and models that can use relevant EU programmes, such as Horizon 2020 and the Structural Funds, in a way that contributes to the aligning of funding. The aim is to promote transnational and transregional innovation and research as a way of increasing the international competitiveness of the BSR and thereby achieving the necessary commitment to fund activities such as transregional collaboration on open innovation systems, clusters and SME networks. This will be achieved by creating a Baltic Sea region network of regions and players that uses tested and successful financial models and develops new ones. The network will coordinate its work with other flagship projects in the priority area, the Commission and relevant national players. It will seek to improve the coordination and alignment of existing and future funding (2014 onwards) for research, development and innovation at the EU, national and regional levels, as well as private funding.
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