Commercial Analytical Research Organisations Transnational Strategy
The objective of CAROTS is to establish a new type of SME – Commercial Analytical Research Organisations (CARO) – providing services in various fields.
CAROs will help enterprises to benefit from knowledge and potential of scientists and research facilities in the Baltic Sea Region. They will facilitate access of companies to research infrastructures and to scientific expertise needed to solve analytical tasks in areas like e.g. New Materials, NanoTech or Life Sciences and thus significantly expedite innovation. Although a few CAROs already exist in Europe, the market fails in generating additional enterprises of this type. Reason for that is a lack of risk capital or loans for the creation of new CAROs, as well as lack of visibility of existing CAROs.
In its operational phase, CAROTS will:
– collect, analyse and provide market data about and financial data of CAROs;
– improve the visibility of CAROs;
– encourage public support;
– raise awareness among investors;
– raise trust among potential commercial customers;
– implement 3 new founded CAROs as a pilot activity.
Lead partner: Deutsches Elektronen-Synchrotron DESY (DE)
Partners: Helmholtz-Zentrum Geesthacht Centre for Materials and Coastal Research (DE), University of Turku (FI), LINX Association (DK), Foundation of Innovative Initiatives (PL), Saint Petersburg State University of Economics (RU), Lithuanian Innovation Centre (LT), University of Tartu (EE), Investment and Development Agency of Latvia (LV).
Project is funded by INTERREG BALTIC SEA REGION programme
Project duration: 1 January 2019 – 30 June 2021 (30 months)
Total project budget: 2,1 M. €
Contacts: Vilma Vilutytė, Project manager, ph.: +370 686 53415, e-mail: email@example.com.