Innovation is one of the principal means by which businesses can contribute to reaching the goals established by the Lisbon Council in 2000. Recent studies reveal that innovation is generated by exchanges of knowledge between businesses. Indeed, business collaboration is widely supported by academics, large companies and multilateral organisations and is at the heart of EU enterprise policy. Yet, from an SME viewpoint, collaboration is directly opposed to competitiveness and existing works on collaboration re highly academic and/or focused on large industry groups. Hence, there is a need to “unlock” existing knowledge and transfer it to those who can most benefit from it – SMEs.