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Supporting Mid-Sized Innovative Companies

A strategic approach to nurturing medium-sized European companies to develop and scale innovative solutions for both public and private sectors

Supporting Mid-Sized Innovative Companies

Strategic Importance

Building European Innovation Champions

  • Focus on developing mid-sized innovative companies with growth potential
  • Bridge the gap between startups and large corporations
  • Create European alternatives to solutions from US and China
  • Support companies with potential for global impact

Economic and Technological Sovereignty

  • Reduce dependency on non-European technology providers
  • Develop strategic capabilities in key sectors
  • Retain intellectual property and value within Europe
  • Create high-value jobs across the EU

Public Sector as Innovation Partner

Government as First Customer

  • Use public institutions as testing grounds for innovative solutions
  • Implement RTLS (Real-Time Location System) solutions in hospitals to improve logistics
  • Deploy autonomous cleaning systems for cities
  • Test self-driving buses in controlled municipal environments

Strategic Procurement

  • Redesign public procurement to support innovation
  • Create “innovation lanes” in public tenders
  • Develop pre-commercial procurement processes
  • Balance value-for-money with innovation potential

Implementation Models

Innovation Sandboxes

  • Allow testing of new technologies in real-world but controlled environments
  • Create regulatory exceptions for experimental deployments
  • Develop frameworks for responsible innovation
  • Implement robust evaluation mechanisms

Public Infrastructure Modernization

  • Relocate government institutions to modern buildings with innovative features
  • Design public spaces as showcases for European technology
  • Implement smart navigation in administrative complexes
  • Create models for public/private collaborative spaces

Scaling Mechanisms

Pan-European Growth Support

  • Develop programs specifically targeting mid-sized companies with proven solutions
  • Create pathways to scale across multiple EU countries
  • Provide administrative support for cross-border expansion
  • Simplify compliance requirements for scaling companies

Export Assistance

  • Help European innovators export solutions globally
  • Create showcases of European innovation for international markets
  • Develop diplomatic support for technology exports
  • Build partnerships with development banks for emerging market deployment

Strategic Sectors

Healthcare Innovation

  • Focus on solutions that address aging population challenges
  • Support RTLS and other logistics optimization for hospitals
  • Develop remote monitoring and telemedicine solutions
  • Create efficient systems for chronic disease management

Urban Technology

  • Support autonomous urban cleaning solutions
  • Develop smart waste management systems
  • Create efficient public transportation innovations
  • Implement energy efficiency technologies for public buildings

Robotics and Automation

  • Focus on practical robotics applications with immediate benefits
  • Support companies developing automation for European manufacturing
  • Develop solutions for care and assistance robotics
  • Create standards for human-robot collaboration

Financing Models

Patient Growth Capital

  • Develop funding mechanisms with longer time horizons
  • Create alternatives to venture capital for steady-growth companies
  • Implement innovative financing through public-private partnerships
  • Design success-based repayment systems

Scale-Up Funding

  • Address the “valley of death” between startup and large-scale funding
  • Create specific instruments for companies with €5-50M revenue
  • Develop sector-specific funding packages
  • Balance equity, debt, and grants appropriately

Implementation Framework

Local-European Coordination

  • Create multi-level support systems connecting local, national and EU programs
  • Develop coherent support pathways for growing companies
  • Implement “no wrong door” approach to business support
  • Reduce administrative burden through unified processes

Evaluation and Learning

  • Implement robust metrics for measuring program effectiveness
  • Create feedback loops for continuous improvement
  • Share success stories and best practices
  • Develop knowledge transfer mechanisms between member states

Tags: Innovation, SMEs, Public-Private Partnership, Technology, Scale-up