Students help SMEs in the Austrian-Slovak border region to enhance their market opportunities

Project description

The current economic and financial crisis shows us very clearly that new economic models are essential, especially on the regional level. The focus should be put more on better qualification and cooperation between SMEs and economic scienctists, in order to make the companies more competitive, while sticking to high environmental standards at the same time.

The aim of the project was to promote cooperation and a knowledge exchange between research institutions and private industry. At the same time, an education and training system was invented in order to support sustainable economic regional development. The project saw 28 students of economics – 16 from Austria and 12 from Slovakia – work together with 17 regional SMEs from different economic sectors. The idea was to find economic factors that might either be obstacles or provide a chance for the economy to prosper. As a next step, the appropriate conditions to help to boost the economy in the border region was identified. Summer school courses prepared the students for the implementation of the ideas for sustainable regional development that they had developed jointly with the companies. For example, for the organic farm ADAMAH, the economic situation in Slovakia in terms of organic products was evaluated, and potential suppliers who would like to distribute their products via ADAMAH were identified. 

Key facts

Project duration
09/2013-12/2014
Funding programme ETC Slovakia-Austria 2007-2013
Project partners

Vienna University of Economics and Business (Leadpartner) (Vienna, AT) 

Federal Ministry of Agriculture, Forestry, Environment and Water Management (AT)

Vienna Chamber of Commerce and Industry (AT)

Slovak University of Technology in Bratislava (Bratislava, SK)

Slovak Chamber of Commerce and Industry Trnava (SK)

Budget of the Viennese project partners  € 156.900 thereof ERDF: € 133.400