A Cluster Initiative with the target of boosting competitiveness, entrepreneurship and innovation

«Innovation Designed in Greece» supported by Corallia

Genesis of the idea: to modify existing environment with the vision to improve conditions for the development of sciences, innovation and entrepreneurship.

Implementation: the creation and development of the first business innovation cluster in Greece, the Nano/Microelectronics-based Systems and Applications Cluster (mi-Cluster).

Expansion: confirmed with the establishment and development of the Space Technologies and Applications Cluster in 2009 (si-Cluster) and  the Innovative Gaming Technologies and Creative Content Cluster in 2011 (gi-Cluster).

To support hyper-concentration of industrial members and boost innovation exhibited in Greece and abroad, a network of InnoHubs has been developed in key-strategic positions:

  • The α1•innohub established as the innovation and cutting-edge technology «node» in Athens since 2007
  • The π1•innohub operating as the innovation, research and high-tech «bridge» in Patras since 2011
  • The α2•innohub planned to open in 2014 and be considered as the innovation, networking and high-tech «ring» in Athens

Corallia also implements a series of initiatives to stimulate and further promote Youth Entrepreneurship with partners and donors in Greece and abroad, including the most prominent accelerator currently operating in Greece, the egg – enter•grow•go, in cooperation with Eurobank, the Educational Trip, the Ε-bootcamp as well as the Internships Days, the Networking Days and so forth.

Aiming at achieving transnational and interregional cooperation, Corallia demonstrates a strong engagement in European cluster policy bodies and has established key-strategic International Collaborations with all innovation stakeholders, regional and national development offices around the world with the ultimate goal to ensure a strong impact on cluster development in the participating countries (and beyond).

Finally, Corallia offers integrated end-to-end services in the frame of state aid programme and acts as an Intermediate Management Body of structural funds, thus, contributing to the smooth and efficient workflow and the proper management of public and community resources.

To date, significant results have been achieved, such as:

  • economies of scale [common suppliers, common distribution channels, etc.]
  • economies of scope [combined business and research activities]
  • industrial ties and commercial collaborations
  • development of the value chain
  • added value for the services/products delivered

Vision | Α Greek environment with the right framework conditions to allow sciences, innovation and entrepreneurship to flourish (again).

Μission | Τo underpin and accelerate the development of cohesive and productive innovation ecosystems, within which actors operate in a coordinated manner, in specific sectors and regions of the country, and where a competitive advantage and export orientation exists.

Target | To become a pan-European best practice cluster initiative/ organisation supporting Greek world-class innovation clusters.

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