Balticlab is an innovation programme, which brings entrepreneurs and creatives in the Baltic Sea region together to explore new perspectives and sources of inspiration and to together prototype the future. The aim of the programme is to the create a community and network of entrepreneurs and creatives in the region who know each other, can collaborate and empower the region as a whole to become more innovative, creative and prosperous. As this network flourishes, new opportunities for collaboration open up. Through looking at creative industries, media collaborations and entrepreneurial perspectives we aim to equip young innovative individuals in the region with expertise on starting their own business or carrying out a project idea, as well as to provide them with the appropriate tools, skills and connections necessary to achieve these ends in an inter-regional context. The programme is divided into two parts: an annual curated Networking Weekend of around 60 participants, and a three module Balticlab Ideation programme, which takes place in the spring and consists of a smaller group of around 30 people from the Network.Balticlab is thus a way to provide talented individuals with mentorship and coaching for achieving their ideas and furthering their careers, but also to see a rise in young people’s engagement in matters of importance for the development of the Baltic Sea Region. The Baltic Sea Region has become a hub for entrepreneurship and creativity and we believe this holds the key to increasing the prosperity of the region, creating a common cultural scene and providing innovation and inspiration in the field of education. Balticlab is a joint partnership between the Council of the Baltic Sea States Secretariat in Stockholm and the Swedish Institute’s Baltic Sea Unit based in Stockholm/Visby. The programme is a flagship project under Horizontal Action Neighbours of the European Union Strategy for the Baltic Sea Region (EUSBSR) and is initiated within the framework of the South Eastern Baltic Sea Area Modernization Partnership (SEBA). Achievements: The Balticlab Project Development Programme, currently running for the second year, gathers talented creative professionals and entrepreneurs from Estonia, Finland, Latvia, Lithuania, Poland, Russia and Sweden to different locations around the Baltic Sea for three intensive interdisciplinary project-building modules. The programme is designed to provide them with the necessary perspectives, knowledge and tools for personal development, as well as the creation of innovative project prototypes with the potential for benefiting the region as a whole. Balticlab 2.0: Project Development Programme was launched in February 2014, with three interlinked modules in Riga in February, Tallinn in March and Warsaw in May. The 35 participants self-selected themselves into 8 project groups, in which they have been developing ideas linked to their own interests in a regional context. Throughout the spring the groups have been provided with workshop facilities, mentors and inspirational talks from leading regional experts, who have guided their project-development process.