Finding value from European funded projects
September 30, 2011 Leave a comment
Now to some you may see the title of this and think value – really?!? All that paperwork, (usually) a two year project requiring lots of work/effort…. I see some nodding heads in the distance ;) however, and it’s a big however, European projects can offer you endless opportunities to expand your business forte.
Let’s start with the creation of a project:
You’ve put the application in and it’s turned out to be a success, now you need to actually do the project. Each partner you have bought into the consortium offers expertise in a particular area crucial to the end product you’re aiming to create. You haven’t picked these partners for just any reason; make sure you utilize their expertise to the maximum to create a product that is a true representative of the consortium.
To create the product it needs to be something that is achievable, if it isn’t achievable within timeframe or budget then decide what is (that’s as close to your original plan as possible) and make that the best it can be to compensate for not reaching the goal line. If it is achievable that’s fantastic, you are probably one of the few lucky ones that will actually create exactly what you have set out to do.
European projects allow you to work with organisations and individuals you wouldn’t normally set out to work with. It enables eyes to be opened to the endless opportunities that are outside your normal remit. It can be these organisations that compliment your working ethos.
Such partnerships can lead to greater opportunities and lasting business relationships. Work well as a team results in a long lasting business strategy for future collaboration.
Trading in your own country can be very different from trading in a neighbouring country. For particular countries you need to learn the culture, the working ethos and for others you can just dive right in. European projects encourage you to work with partners from a host of countries and through successful project collaboration you learn the culture, you learn how to communicate effectively and you learn the business behind the project or mould you need to acquire for that particular partnering country.
Most of all the experience you gain from working on such project is something that can’t be taught it must be experienced.
You’ve met the partner’s, you’ve gained the experience now you want to get the value. This can come from many different elements. Value can come from:
- The knowledge that you have collaborated on a project that benefits your target audience.
- The experience you gain/learn
- The effort you have put into the final outcome
- And most of all the people you meet and work with
It’s been two years working on a European funded project and the value and experience gained from it has been worth the steep learning curve needed to work through in order to meet the rising standard of the project.
You never know you even may pick up a variety of words from various languages…..cheers, salud, jubel, наздраве and noroc :)