By Samantha Carty, Momentum November 2022, saw nine SME CG project partners from across seven European countries celebrate a successful get together to review almost two years of collaboration between engineering SMEs and HEIs. The transnational partner meeting of the SME Cluster Growth Project was hosted by University of Malaga at Link by UMA-Atech, a meeting …
Project partners IMTBS scored an exclusive interview with Emile Karam, co-founder of Garantme. In this interview with Adeline Leroy, Deputy director Master Seed IMTbs Emile shares many insights and learnings from his journey so far. Watch this video to learn about Garantme, a start-up company, their fast growth implications, their strategy to achieve sustainable growth, …
By Arthur Gamberini and Adeline Leroy The entrepreneur, an underestimated factor of growth Neoclassical microeconomic theory presupposes that at a given market size, the company will increase sales until the unit selling price of its products equals their marginal cost (Mansfield 1979; Samuelson and Nordhaus, 1989). However, this theory has proven its inadequacy to explain …
The role of the entrepreneur in the growth of their company Read More »
“It is not possible to grow just based on consultancy, you have to pass from ideation to product” This was the initial proposition of Cenk Tabakoğlu when he joined Lumnion as CEO in 2020. When the Istanbul Technical University GİNOVA* team interviewed him in the context of the SME Cluster Growth project, we realised that …
How did this small enterprise succeed to grow? The case of Lumnion Read More »
FIIXIT is an innovative SME created in 2014 by Raquel Serrano. The idea of FIIXIT was born when Raquel was having dinner. In front of her was a boy with a splint on his arm, who was struggling to scratch himself with a fork. Raquel, who until then had been printing bracelets and wristbands on …
“Intuition about market needs and trends plus integration of innovation elements,” is often the cornerstone of sustainable growth according to Miguel Cambas who works on business development in the Corredor del Henares region. Cambas works as a business consultant for small, medium, and large companies and has been Secretary-General of the Provincial Confederation of Entrepreneurs …
As part of Munster Technological University’s work on the SME Cluster Growth project they met with Gerry Reynolds, founder, owner and Managing Director of Takumi Precision Engineering. Kevin Fitzgibbon, the Science and Engineering faculty representative with MTUs’ Extended Campus, discovered the company’s origins, insights and challenges. Takumi Precision Engineering supply, and work on behalf of, …
Transformation skills are vital for all SMEs Handelberg says that embracing change has become a prerequisite for staying alive and running your business in the first place. “If you’re not growing and thus changing, someone else will take your place eventually. Nowadays, more transactions can happen in one yearly quarter than what previously happened in …
5G and other emerging technologies as a leverage of cooperation between SMEs and HEIs Read More »
Institut Mines-Télécom Business School as a partner on the SME Cluster Growth project, has conducted 12 interviews with experts to gain an indept undertanding on SMEs growth, challenges, opportunities, needs and success factors. The interviews with founders, COOs, directors and programme managers of incubators and accelerators, and heads of development programmes at engineering and business …
SME Growth from the perspective of 12 French experts Read More »
Growth is an essential word in the entrepreneurial world. It is a goal, a compass. However, most companies do not seek to grow exponentially. This idea may seem puzzling, yet if we consider that business covers large corporations as well as the neighbourhood grocery store, this fact is much less surprising. Thus, most companies only …
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Issue #2
Spring is here! The second issue of our bi-annual EMPOWER magazine focuses on summarising the main findings of the research phase of the project.
Throughout its pages, you will discover how engineering SMEs can be supported by looking at some inspiring initiatives developed in seven regions involved in the project.
