The overall objective of the project is to accelerate the development of a productive and competitive economy and improve cooperation in the Black Sea region. The specific objectives of the project are to increase the institutional capacity of the business support organizations, public authorities and business incubators in development and promotion of specific policies related to business incubation as a tool to support and strengthen start-up and innovative SMEs, and to boost the level of cross-country cooperation between business incubators, business support organizations, public authorities and incubated SMEs to improve the economic competitiveness of the Black Sea region. Achievements: Black Sea BI-Net (a regional BI Network) created and fully operational, having at least 20 members accepted, according to the developed membership criteria.Administrative capacities of the 96 business incubators (BI's) executives and BSO's to run and manage the institution improved during 4 capacity building activities in Turkey, Moldova, Greece and Romania.150 SMEs executives, residents of the business incubators, improved their skills and know-how in the field of exporting to the other Black Sea countries during capacity building activities.150 SMEs were consulted on internationalization matters and received support in finding an international partner through an on-line match-making engine and during the BI and SMEs International Forum and business networking event.