We are delighted to be working on the LIME – Lean Innovation for Micro Enterprises Project. This is an Erasmus+ Project bringing together partners from United Kingdom, Spain, Denmark, Poland and Ireland.
As businesses are changing the way they think and adapt LIME has an important role to play. It encourages start-ups and existing enterprises to think outside the box. Financing a micro business is one of the biggest stumbling blocks to entrepreneurs so lean innovation offers an alternative route to innovation; a cost-effective, low-tech approach. This approach prioritises design thinking and agile experimentation to generate value-maximizing products and services. In short LIME will help small businesses grow in spite of their economic conditions
SMEs are often referred to as the backbone of Europe’s economy, but did you know it is micro enterprises that sustain employment and have most growth potential? Micro Enterprises employ less than 10 people, and typically 9 out of 10 SMEs are micro-enterprises. These micro-enterprises employee one third of the workforce and produce more than 40% of economic value added (EC, Annual Report on European SMEs 2018).
If you are interested in learning more about the LIME – Lean Innovation for Micro Enterprises Project, there is an online platform with learning resources and training events that will connect you to expert knowledge and advice. The overall goal of the LIME Project is to introduce the lean innovation skillset to our education system and by extension to our economies. You can find out more about the project on their website: https://www.leaninnovation.how/
You can also follow the project on Facebook: https://www.facebook.com/LIMELeanInnovationforMicroEnterprises