Instituto Pedro Nunes led a European project that supported companies in the Southwest European space in the international expansion of their businesses. RYME + final event was held on May 27 and 28 in Coimbra.
The European RYME + project has come to an end and has supported the internationalization of around 100 SME'S in the south-west European area. Instituto Pedro Nunes (IPN) was the lead entity in this transnational cooperation project that included partners in Brazil, Spain, the United States, France, Israel, Portugal and Uruguay.
Throughout the project, 33 Portuguese, 37 Spanish and 32 French companies profited from a wide range of benefits for the expansion of their businesses, from international networking, mentoring, commercial preparation, training in foreign markets and interaction with other innovative companies through speed meetings.
With the goal of transferring good practices of entrepreneurship and technological development, about 45 companies participated in four trade missions in Brazil, the United States of America and Uruguay, which resulted in more than 200 meetings between companies. A benchmarking mission was also carried out in Israel.
More than 70% of the companies that participated in these missions were successful in the process of internationalization with the realization of sales or establishment of partnerships.
The final event of the RYME + project was held on May 27 and 28, at Instituto Pedro Nunes, which addressed issues related to internationalization, such as entry into the US, Uruguay, Brazil and Israel markets and the strategies that each national agency and region is doing to boost internationalization in Portugal, Spain and France.
The RYME + project operated in a European consortium led by IPN co-financed by the European Regional Development Fund (ERDF) through the Interreg V-B South West European Cooperation Program 2014-2020 (Interreg Sudoe Program).