Strengthening the ecosystem for innovation and digitalisation – Together towards innovative business models! 

Better access to innovative technology, skills and services for small and medium-sized companies from Bosnia and Herzegovina means building a favourable business environment for a technological transformation and ensuring better effectiveness of technology. The use of digital technology makes them more competitive in terms of business production, products and services.

For this reason, the project Innovation and Digitalisation in Small and Medium-sized Enterprises in Bosnia and Herzegovina/EU4DigitalSME that is co-financed by the European Union and the Federal Republic of Germany and implemented in Bosnia and Herzegovina aims to ensure a favourable environment for small and medium-sized enterprises in order to enable them to successfully implement digitalisation and innovation transformation

In order to strengthen the ecosystem for innovation and digitalisation, we have supported the development of four digital innovation hubs. The project is strengthening their capacities to enable them to provide high-quality services to companies. This also includes the improvement of the political framework in order to provide small and medium-sized enterprises with an environment for the implementation of digital transformation concepts.

This is achieved through information campaigns about innovations and digitalisation, organisation of events, seminars and practical trainings, but also dissemination of best practices. The most important activities that have been implemented since the beginning of the project are listed below:

Innovation and digitalisation ecosystem strengthening in April

In April, efforts regarding the reinforcing of the innovation and digitalisation ecosystem continued and the following events were organised:

Over the coming months, efforts to strengthen the innovation and digitalisation ecosystem will continue. A hybrid event in Banja Luka will be organised in order to raise awareness of the importance of the ecosystem. In addition to this, we will organise a training for employees of ministries, publish a public call for the provision of services to SMEs and prepare stories showcasing the best practices for the public-at-large.      

By working together on innovative business models and using digital transformation, we expect that 90 small and medium-sized enterprises will use at least 5 innovative services provided by digital innovation hubs, but also that the 5 established international research, development and innovation cooperation partnerships will apply 7 innovative activities in small and medium-sized enterprises by the end of the project.

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