Innovation in the world of businesses is happening every day. There are many different ideas that can be turned into an innovative business. There are many places for one to set up a business and watch it thrive. Historic areas, for example, could certainly be considered a great place for innovation to happen.
Nowadays, innovation is not exactly an option. If a business is not innovative today, it will not evolve fast enough. And innovation can be achieved in many different ways. It all starts with the idea of course, but it is so much more than just that. Yes, the idea can be innovative and it can be within the framework of the entrepreneurial spirit. But without proper support, that innovative idea will never come to life.
Support is everything for businesses on every level. Financial support is, of course, a big priority. But the right way to achieve innovation is to have the technological support that comes with it as well. That is what innovation is all about. Using modern methods and technology to make life easier.
Taking into account the fact that more and more businesses emerge every single day, it is important to find that little trigger that will boost your business towards innovation. By using the right innovative business model you will be able to implement your idea and move one step closer to your final goal.
The business model, financial support, technological support. Three very important factors that will help build an innovative business nowadays. How will you find these? Well if you live in Europe you can use the help of some of the biggest European financial frameworks, specifically created in order to support these kinds of actions.
Frameworks like the Horizon 2020, aim at helping with the creation of innovative businesses that will expand and diversify the various sectors by mobilizing a much wider range of different players, develop regional and local bio-based models, secure new and tested blueprints for the socially and economically viable regeneration of European, create cross-sector collaboration, creation of job opportunities and skills in cultural and creative sectors and innovative manufacturing.
Innovation for businesses is here. Everyone can be a part of it. Try your best, bring your ideas to life and be a part of the new world of business!
Panagiotis Koutoudis Lead Manager
Panagiotis Koutoudis Lead ManagerHe holds a MSc in Applied Economics & a graduate degree in Economic Science from the Athens University of Economics and Business. He is the lead project manager of iED with a vast experience in the management & implementation of national and European projects. His portofolio consists of researches, studies & training materials on the topics of entrepreneurship, business development, etc.
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