Business
European Union

The best way to enter foreign markets? The Blueprint will show it – step by step!

The best way to enter foreign markets? The Blueprint will show it – step by step!

BSR Go-abroad is a project co-financed by the European Union that strengthens the development of small and medium-sized enterprises in the Baltic Sea Region. Its objective was in particular to:

  • Provide companies with the knowledge, tools, and network of contacts necessary to implement effective international strategies.
  • Build strong local value chains, enabling smaller companies to better protect themselves against global supply disruptions caused, for example, by pandemics or financial crises.
  • Reduce the gap in international engagement, as small companies are significantly less likely to export their goods.
  • Stimulate innovation and growth, as research shows a correlation between internationalisation and better financial performance, as well as faster creation of new jobs.

As part of the project, a Blueprint was developed — a practical guide for companies and business support organisations involved in cross-border trade. It describes a proven four-step acceleration methodology that guides companies from an initial assessment to establishing business contacts.

It also provides ready-to-use tools, such as the “Internationalisation Readiness Assessment” and the “Go-to-Market Playbook”.

For policymakers and business support organisations, it offers recommendations on how to effectively support local trade and cooperation in the Baltic Sea Region.

Read more: Go-abroad_Blueprint