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ISLATEC - Fostering entrepreneurship geared towards the development of high tech start-ups by new and recent university graduates in the EU islands

The project sets out to foster entrepreneurship in EU islands with the aim of promoting high tech start-up businesses. Given that islands often lack entrepreneurial opportunities because of their geographical position and absence of a high-tech infrastructure, the project targets young engineers and scientists, either employed or unemployed but living on one of the EU islands, with the aim of fostering the development of high tech businesses. Other target groups include staff in research and technology institutes as well as VET institutes. Project partners will conduct case studies about the entrepreneurial environment on their respective islands. This information will allow for the identification of specific entrepreneurial needs will contribute towards the production of a training seminar package for the development of entrepreneurial enterprises. The seminar package will consist of a range of modules and will be delivered to students by VET or business institutes, in addition to being made available through the project's e-learning platform and as a CD-Rom. A trainer's guide will be developed to accompany the seminar package and will be available through the project's website, in printed form and as a CD-Rom. The training tools and material will be piloted in the course of the project and the results modified to reflect the particular needs of each island. Material will be available in the languages of each partner country. An internet portal will supplement face-to-face meetings between partners that set out to coordinate and develop the project's work. Conferences and events will be organised on each of the participating islands to promote the project and will be supported in this by the project's organisation of a business plan competition for young entrepreneurs.
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