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Baltic Business Arena (BBA)

BBA is a project that develops platforms for SMEs to support cooperation in terms of innovation, trade, exports with joint delivery across borders etc. It may include other activities aimed at simplifying rules and procedures and reducing barriers within the internal market. Among BBA activities is a matchmaking forum for SMEs in the Baltic Sea region, facilitating direct meetings, discussions and knowledge exchange between SMEs entering the export market, investigating possible partners under outsourcing plans or looking for partners to increase access to R&D expertise. The Swedish Agency for Economic & Regional Growth has initiated BBA and will be a future cooperation partner together with the Swedish Institute. Achievements: Baltic Business Arena 2013, the 3rd of its kind, has once again proved itself to be a valuable platform for business dialogues and has positioned the Baltic Sea region as a place to do business. Baltic Business Arena 2013 took place during the 15th Baltic Development Forum Summit in Riga, Latvia and attracted 78 companies from 7 countries in the Baltic Sea region.Over the course of two days, 78 SMEs from clean tech, ICT, life sciences, renewable energy and creative industry sectors conducted 350 individual business to business meetings. The BBA 2013 official evaluation report released in September revealed that 20% of the meetings resulted in fixed contracts and/or planned cooperation among companies. 75% of surveyed companies found BBA meetings relevant and useful.

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