FAROTIC
Faros Network of entrepreneurship in the new ICT economy
Official Chamber of Commerce, Industry and Services of Badajoz (CCIS-BA);
Official Chamber of Commerce, Industry and Services of Cáceres (CCIS-CC);
Center for Energy, Environmental and Technological Research (CIEMAT);
Universidad de Extremadura (UNEX);
Association of Young Entrepreneurs and Entrepreneurs of Extremadura (AJE-Extremadura);
University of Beira Interior (UBI) Beneficiary;
Beira Interior Business Innovation Center (CIEBI/BIC);
Business Association of the Santarém Region (NERSANT);
PACT – Alentejo Science and Technology Park;
National Association of Young Entrepreneurs (ANJE);
Objectives:
To strengthen Euroace’s existing commercial support services, through the creation of a Network of Lighthouses to accompany companies and entrepreneurs in the ICT sector in the generation of new products with high added value, based mainly on Fintech, Cybersecurity or Big Data technologies.
To this end, a specific methodology will be developed to enable the development of the ICT sector. Farotic includes tools to alleviate problems such as accessing customers and obtaining financing.
Main actions:
Macro preparation of the sector
Micro implementation on the ground
Results:
Achieve the promotion of an existing commercial sector (ICT) by introducing new products with high added value and quality, using the geographical and economic constraints of the POCTEP space, such as rural nature and the commercial structure based on self-employed workers;
Strengthen Euroace’s trade promotion with a NETWORK system of joint services managed by a single central unit (FARO Central) that generates knowledge and shares it with cross-border FAROS;
To offer the ICT entrepreneur a complete cycle of consulting, starting with business design, training, obtaining financing, product development and launch in the international market.
More information at www.farotic.com
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