ESPRINT PLAN FROM THE START-UP CATALONIA PROGRAM
Published on 09 October 2017
Spain
Cataluña
This is the good practice's implementation level. It can be national, regional or local.
About this good practice
The Esprint Plan offers international advisory services, mentoring, advisory board, training, experiences and contacts of first level, as well as legal and financial consulting. It was launched in 2014 and it allows about 20 companies each year to shorten access time to new markets, compared to taking this step alone. Start-ups prioritise and select the market they want to access, within America or Europe, and with expert advice to define the most appropriate internationalisation strategy. The program lasts 8 months and it allows increasing professional contacts and discovering new business opportunities around the world.
The services offered by this program are:
• International route: definition and analysis of market destination as well as an individual business trip with a business contacts agenda.
• Tactical follow-up: personalized orientation by an expert.
• Strategic follow-up: individualized mentoring by an accredited advisory board to support decision making.
• Training on growth strategies, such as internationalization, in reputed organizations.
• Financing: individualized counselling with senior partners to look for funding.
In addition, start-ups received support from the 39 Catalan Government Trade & Investment offices around the world.
- Target: start-ups of less than 8 years of life and with a minimum team of 4 people.
The services offered by this program are:
• International route: definition and analysis of market destination as well as an individual business trip with a business contacts agenda.
• Tactical follow-up: personalized orientation by an expert.
• Strategic follow-up: individualized mentoring by an accredited advisory board to support decision making.
• Training on growth strategies, such as internationalization, in reputed organizations.
• Financing: individualized counselling with senior partners to look for funding.
In addition, start-ups received support from the 39 Catalan Government Trade & Investment offices around the world.
- Target: start-ups of less than 8 years of life and with a minimum team of 4 people.
Resources needed
The total budget invested in this initiative over these three years is: 630.000€.
The annual budget is: 2014: 312.000€; 2015: 178.000€; and 2016: 140.000€.
The cost for taking part in this program is 1.000€ and it is valued 8.940€ (2016).
The annual budget is: 2014: 312.000€; 2015: 178.000€; and 2016: 140.000€.
The cost for taking part in this program is 1.000€ and it is valued 8.940€ (2016).
Evidence of success
- 103 projects presented and 57 projects carried out between 2014 and 2016.
- Currently, the third edition is being carried out.
Year Participating companies Jobs generated Increase in turnover Capital increase
2015 20 45 22% 18%
2016 17 64 8,7 M € 66%
- In 2016, 40% of the companies participating in the Esprint Plan were from the ICT sector (27%) and IoT (13%).
- Currently, the third edition is being carried out.
Year Participating companies Jobs generated Increase in turnover Capital increase
2015 20 45 22% 18%
2016 17 64 8,7 M € 66%
- In 2016, 40% of the companies participating in the Esprint Plan were from the ICT sector (27%) and IoT (13%).
Potential for learning or transfer
It is a model replicable to other geographical areas. It can be an inspiring initiative for other regions and the lessons learned can be shared with other companies that want to internationalize themselves.
Further information
Website
Good practice owner
You can contact the good practice owner below for more detailed information.
Organisation
Regional Government of Cataluña
Spain
Cataluña
Contact
Coordinator of economic's activities plans and business strategic projects