Tallinn, September 2023
Under the auspices of the European Commission, representatives from six countries have joined forces to launch Connect2Scale, a project aimed at connecting and educating investors on scaling up startups. At the project kick of meeting in September 2023, where the details of project organization were discussed, members of the consortium gathered in Tallinn.
The project, spanning two years and a half, is a concerted initiative by the consortium to share knowledge, best practices, and know-how, emphasizing the practical aspects of scaling up businesses. The focus will be on equipping investors with the necessary knowledge and tools to drive economic development and technological advancement through the implementation of proven strategies.
Connect2Scale seeks to create an environment where consortium members actively share their experiences, expertise, and successful practices in scaling up startups. Throughout the whole duration, the project will emphasize the importance of collaborative learning, offering a platform for investors and their portfolio startups to exchange valuable insights and lessons learned in the dynamic landscape of startup scaling.
Key aspects of the Connect2Scale project include:
- Investor Education: Delivering comprehensive education and training programs to investors, emphasizing practical knowledge, and best practices for scaling up startups, including market trends, financial strategies, and risk management.
- Global Networking: Facilitating cross-border collaboration and networking opportunities among investors, startups, and key industry players to create a dynamic ecosystem for growth and innovation.
- Resource Mobilization: Assisting investors in accessing the necessary resources, including capital, mentorship, and strategic partnerships, to fuel the growth of startups in their portfolios.
- Knowledge Sharing: Establishing a platform for the exchange of knowledge and insights among consortium members, ensuring a continuous learning environment that adapts to the evolving landscape of the startup ecosystem.
Connect2Scale is not just a project; it is a pragmatic commitment to sharing practical knowledge and driving positive change in the startup ecosystem. The consortium invites investors, entrepreneurs, policy makers and ecosystem stakeholders from around the world to participate actively in this collaborative effort towards a more connected and scalable future.
About Connect2Scale
The Connect2Scale project is dedicated to enhancing support for EU startups on their journey to becoming scaleups. It aims to bolster and broaden collaboration between Investment Ecosystems and investors. Through a series of training programs, study visits, community-building activities, and collaborative knowledge creation, the project brings together stakeholders from six countries. The primary goal is to bridge the growth gap for startups by raising awareness, attracting cross-border investors to moderate and modest Innovation Ecosystems, and amplifying the scalability potential of European startups. The project aspires to establish Investment Lighthouses that serve as crucial hubs for providing vital investment information to investors.