A new initiative promoted to boost entrepreneurial skills
Skillman supports the newly launched KABADA project – Knowledge Alliance of Business idea Assessment: Digital Approach – that was established with the aim of developing a tool based on artificial intelligence (AI) for the assessment of business plans applicable to the technology sector startups for the promotion of self-employment in advanced manufacturing.
The Skillman network will be directly involved in the development of the tool and will benefit and participate with its members in the activities of testing and verification of the product.
Moreover, Skillman will also support the dissemination and exploitation of the results produced in order to leverage the results over time.
KABADA aims at:
- Developing a new, innovative and multidisciplinary approach to teaching business/entrepreneurship, as the developed system will become a part of study courses.
- Facilitating the exchange, flow, and co-creation of knowledge, as the system will be appropriate to be used in multiple educational sectors and will give an opportunity to use specific knowledge (e.g. engineering, physics, medicine) in new business ideas.
The development of the tool is supported by the European Commission in the framework of the Erasmus+ KA2 projects with a three-year co-financing. The project started in November 2019 and will last 3 years until October 2022.
The partnership is composed by ten members:
- BA School of Business and Finance (Latvia) – Project coordinator
- UCLL (Belgium)
- University of Applied Sciences – VIKO (Lithuania)
- Mendel University in Brno (Czech Republic)
- Polytechnic Institute of Setúbal (Portugal)
- ArtSmart (Latvia)
- Craftworkz N.V. (Belgium)
- Youth Entrepreneurship Promotion Association (Lithuania)
- Centro Studi Cultura Sviluppo (Italy)
- KBC Bank NV (Belgium)
The first meeting of the Kabada project was held on November 25-26, 2019 in Riga at the BA School of Business and Finance, coordinator of the project. The meeting was the occasion for partners to get to know each other, start presenting national states of the art and then developing a common methodology in order to set the scene with the future steps for the cooperation.