Internationalization

Scale your business with AI

Sweden, Latvia, Estonia, Finland

Small and medium-sized companies in the Central Baltic region are facing growing competition and increasing pressure to keep up with digital change. AI can help businesses work smarter, grow faster, and stay competitive — but many SMEs don’t know where to start or lack the time, skills, or resources to test AI solutions on their own.

At the same time, AI providers are looking for opportunities to collaborate with companies and bring their solutions to new markets. This creates a strong opportunity for SMEs to explore practical AI tools, develop new ideas, and grow their business with expert support.

RAISE supports growth-stage SMEs in overcoming limited AI expertise and resources by helping them develop, test, and pilot practical AI solutions. Through tailored support, companies can strengthen innovation capacity, improve competitiveness, and access new markets with AI-driven products and business models.

The initiative will enable SMEs to implement and validate real AI applications, create new cross-border collaborations, and support at least 20 companies in scaling their businesses through AI-based offerings or improved business models.

More information will be published soon.

Funding information

Key numbers

Duration: 33 months
Total budget: €1.428.151
Programme: Central Baltic Programme 2021–2027
Programme priority: Innovative Business Development
Programme objective: PO2: More new scaled-up growth companies
SMEs supported: at least 80
Target result: at least 80 companies having scaled up by bringing AI-based products to market or having their business improved.
Lead partner organisation: Tallinn Science Park Tehnopol Foundation