COSME – WORTH Partnership Project

European Union
European Innovation Council and Small and Medium-sized Enterprises Executive Agency (EISMEA)
Describe the main features of the policy/measure: 
Under the EU’s COSME programme (for the Competitiveness of Enterprises and small and medium-sized enterprises), the WORTH Partnership Project is an accelerator programme in support of business partnerships between designers/creators, manufacturers/craftsmen and tech providers. The aim is to develop new, innovative business ideas in the lifestyle industries (fashion, design furniture, and home decor). New products, services and business models have been tested with the active involvement of designers and other creative professionals. Through the coaching provided during the acceleration programme, designers and creatives have acquired entrepreneurial/managerial skills including how to protect their intellectual property rights and outline a business strategy, how to pitch their business ideas and find investors.
What are the results achieved so far through the implementation of the policy/measure?: 
WORTH Partnership Project has supported 152 transnational partnerships through three calls for proposals, involving 350 partners from 34 EU-COSME countries.
Financial resources allocated to the policy/measure in USD: 
4.223 Mil. USD = 3.478 Mil. EUR
Partner(s) engaged in the implementation of the measure: 
Name of partnerType of entity
AITEX – Textile Research Institute The project relies on a large community of mentors, experts and project’s local ambassadors:
Private Sector
Has the implementation of the policy/measure been evaluated?: 
Goal(s) of UNESCO's 2005 Convention
Cultural Domain(s)