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Implementing economic
diversification strategies
Insights from technical
assistance (JTP Groundwork)
27 October 2023
• Tailored support: strategy development,
capacity building, mobilising stakeholders,
strengthening collaboration, project planning
& development
• Capacity building and networks:
Facilitation of in-person workshops and
events, hands-on assistance
• Next application round: early 2024
• Additional services:
JTPeers Exchange - expert-to-region, region-
to-region exchanges
JTPeers Experts - a web database of JT
experts
Just Transition Platform Groundwork
Assistance in developing and implementing the
just transition on the ground
Médio Tejo
Łódzkie
Vidzeme & Latgale
Hunedoara, Gorj & Dolj
Västerbotten
Sokolovsko
JTP Groundwork interventions
for economic diversification
More and
resilient SMEs
Workers for
green industries
Clear vision
& understanding
of assets
Capacity to
attract investors
and funds
Diversification
needs
• How to effectively support the SMEs
in the transition area?
• Where to find workers for green
industries, e.g., e-vehicles production?
• How to attract them?
• How to build a sustainable industry?
• How to choose what to invest in?
• How to stimulate investment – how to
deploy funds, how to attract investors?
Łódzkie
Västerbotten
Médio Tejo
Jiu Valley
Challenge Approach
• Ask SMEs what they need and business
institutions what they can offer
• Assess what is currently missing
• Build on international best practice
• Identify needed skills
• Identify EU regions to supply labour
• Identify what potential employees need
• Examine example success stories
• Conduct an asset mapping
• Bring stakeholders together and develop
a common vision
• Conduct local focus groups
• Analyse funding opportunities
• Support development of project ideas
Poland – Łódzkie
Designing a support scheme for SMEs
Learnings:
• Reaching out to potential beneficiaries was
a novelty for the region and a great success
• The involvement of the target group can disprove top-down
assumptions, e.g., that it is difficult for SMEs to apply for funds
• More support measures exist than anyone expected (>120) –
no overview of active support schemes exists
• Main questions to be tackled:
o How can we create added value and not just give away funds?
o How to help business develop beyond the status quo? How to
raise ambition?
New support scheme for SMEs:
• Responds to needs of over 50 stakeholders
• Based on learnings from past schemes
• Provides funding for new companies and is paired with
business counselling
• Mature enterprises receive help in unlocking potential for
further development – ‘how can we create more added value?’
• Strategic economic activities receive premium points
High-level takeaways
• Regions struggle to align on a vision for
economic diversification
• A vision needs to be linked to regional assets
and is key for investments to be channelled
• Involving the business environment and
public alongside public sector stakeholders is key
to design vision and strategy
• Involving affected stakeholders is important to
effectively design technical aspects of an
intervention
• We overestimate knowledge of existing
materials, support schemes and even regional
assets – mapping of assets and resources needs
to be revisited regularly
• Communicating success stories and clear,
concise approach to project development and
financing access can effectively engage local
communities
• Job creation happens slowly, and it cannot be
achieved with short term measures – long-term
focus is key
Thank you
Wiktoria Beckmann
Senior Consultant
wbeckmann@guidehouse.com

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Groundwork insights on economic diversification

  • 1. Implementing economic diversification strategies Insights from technical assistance (JTP Groundwork) 27 October 2023
  • 2. • Tailored support: strategy development, capacity building, mobilising stakeholders, strengthening collaboration, project planning & development • Capacity building and networks: Facilitation of in-person workshops and events, hands-on assistance • Next application round: early 2024 • Additional services: JTPeers Exchange - expert-to-region, region- to-region exchanges JTPeers Experts - a web database of JT experts Just Transition Platform Groundwork Assistance in developing and implementing the just transition on the ground Médio Tejo Łódzkie Vidzeme & Latgale Hunedoara, Gorj & Dolj Västerbotten Sokolovsko
  • 3. JTP Groundwork interventions for economic diversification More and resilient SMEs Workers for green industries Clear vision & understanding of assets Capacity to attract investors and funds Diversification needs • How to effectively support the SMEs in the transition area? • Where to find workers for green industries, e.g., e-vehicles production? • How to attract them? • How to build a sustainable industry? • How to choose what to invest in? • How to stimulate investment – how to deploy funds, how to attract investors? Łódzkie Västerbotten Médio Tejo Jiu Valley Challenge Approach • Ask SMEs what they need and business institutions what they can offer • Assess what is currently missing • Build on international best practice • Identify needed skills • Identify EU regions to supply labour • Identify what potential employees need • Examine example success stories • Conduct an asset mapping • Bring stakeholders together and develop a common vision • Conduct local focus groups • Analyse funding opportunities • Support development of project ideas
  • 4. Poland – Łódzkie Designing a support scheme for SMEs Learnings: • Reaching out to potential beneficiaries was a novelty for the region and a great success • The involvement of the target group can disprove top-down assumptions, e.g., that it is difficult for SMEs to apply for funds • More support measures exist than anyone expected (>120) – no overview of active support schemes exists • Main questions to be tackled: o How can we create added value and not just give away funds? o How to help business develop beyond the status quo? How to raise ambition? New support scheme for SMEs: • Responds to needs of over 50 stakeholders • Based on learnings from past schemes • Provides funding for new companies and is paired with business counselling • Mature enterprises receive help in unlocking potential for further development – ‘how can we create more added value?’ • Strategic economic activities receive premium points
  • 5. High-level takeaways • Regions struggle to align on a vision for economic diversification • A vision needs to be linked to regional assets and is key for investments to be channelled • Involving the business environment and public alongside public sector stakeholders is key to design vision and strategy • Involving affected stakeholders is important to effectively design technical aspects of an intervention • We overestimate knowledge of existing materials, support schemes and even regional assets – mapping of assets and resources needs to be revisited regularly • Communicating success stories and clear, concise approach to project development and financing access can effectively engage local communities • Job creation happens slowly, and it cannot be achieved with short term measures – long-term focus is key
  • 6. Thank you Wiktoria Beckmann Senior Consultant wbeckmann@guidehouse.com