Albanian Investment Development Agency (AIDA)

June 12, 2012

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Brief information

1. Albanian Investment Development Agency (AIDA)

2. Business Relay and Innovation Centre (BRIC)

3. Innovation Fund

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Albanian Investment Development Agency(AIDA)

Public owned Agency (Board of Directors)

• Supports private sector development

• Improves the business climate

• Follows SMEs in all their economic activities

• Collaborates with investors and public institutions

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AIDA

Mission:

• To assist and accelerate the inflow of foreign investment

into the Albanian economy

• To improve the competitiveness of Albanian exporters

• To enhance innovation and assist the growth amongst

the Albanian SMEs

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• Promote and develop a culture of innovation for businesses in Albania

•Support businesses in Albania to adopt a process of innovation

• Increase competitiveness of SMEs both in domestic and foreign markets

Vision of BRIC

Business Relay and Innovation Centre (BRIC)

Implementing arm for

Business Innovation Technology Strategy (BITS) which

aims to:

•Assist and stimulate firms to innovate and upgrade technologically.

•Enable the SMEs to develop more competitive products.

•Improve products and services.

•Support SMEs to adopt new ICT systems and technology through

technological upgrading and positioning in their supply chains. 7

BUSINESS INNOVATION TECHNOLOGY STRATEGY (BITS)

Programmes

1. Innovation Fund

2. Business Innovation Services

3. Business Incubators

4. Business Clusters

INNOVATION FINANCING

INNOVATION FUND

MEASURE 1.2

INTERNATIONAL TECHNOLOGY

MEASURE 1.1

INNOVATION AND TECHNOLOGY AUDIT

PRIORITY 1

ENABLING COMPETITIVENESS

PRIORITY 2

DEVELOPING COMPETITIVENESS

MEASURE 2.4

INTERNATIONAL-ISATION

MEASURE 2.2

PROCESS IMPROVEMENT

MEASURE 2.1

PRODUCT DEVELOPMENT

MEASURE 2.3

ICT ADOPTION

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• Targeted diagnosis enabling SMEs to assess their current positions and options regarding innovation.

• Analytical information about development options.

• Support learning process within the firm.

• Effective decision making support tool.

Strategic Innovation Technology Audit (SITA)

Time

Function

Tools

Process

Strategic Innovation and Technology Auditing Process

QAQuick

Appraisal

Clientwantsmore?

Client wantsto apply toIF- M1.1?

IDDIn-DepthDiagnosis

IOInnovation

Options

Decisionon areas

to analyse

Application

yes

yes

no

END

Evaluation

positive

negativeno

1 hour 2 hours 2 hours

3 hours

maximum 1 working day

5-10 days 5-10 days

maximum 20 working days

QAquestio-nnaire

QAgraphreport

Personal interviewsDeskwork

Appli-cationform

Site visits & desk work

QA quest.+ Diag.Templ .

IDDgraph +

DiagReport

Strat.Table

Expand.

IOReport

Investmentdecision

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Quick Appraisal (QA)

A tool to interview with the entrepreneur.

1+ hour.

Self-assessment performed by the entrepreneur and the auditor.

Free of charge marketing tool serving to sell the full auditing process.

Microsoft Excel Sheet to assess the 5 dimensions.

QA Graphic Report.18

Five main dimensions

Dimension Subcategories

SITA SCORE : AN EXAMPLE

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In Depth DiagnosisOverview & Patterns

2nd part of the SITA process.

Company staff has to be interviewed.

Provides further insight to the firm's 5 dimensions.

Provide further detailed analysis for the 5 dimensions and sub-dimensions.

The IDD is a static process and not a dynamic one.

It tells/describes the “what is” and “how it is” in a company.

It does not aim to do the “what might be”, “how it might be” question.

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PROCESS of IDD

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Minimum staff to be interviewed should be three. (3)

Maximum staff to be interviewed should be six. (6)

Staff interviewed should not be within the entrepreneur’s inner circle.

In Depth Questionnaire with the company’s staff.

Microsoft Excel Sheet to assess the 5 following dimensions:

QA Graphic Report

− bar chart and pentagon

0%

20%

40%

60%

80%

100%Sipermarrja dhe Strategjia

Zhvillimi i produktit dhe/osesherbimit

Proceset dhe Organizimi Marketingu

Te mesuarit dhe Kultura

IDD Consolidated Graphic Report

INNOVATION OPTIONS PROCESS

• Last phase of the SITA process.

• A prospective activity/report to help the firm to develop/improve.

• Provides a maximum of 3 (three) investment options which the audited firm wishes to pursue.

• Serves as a mini prospective investment plan for the entrepreneur.

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Thank you

INNOVATION ISEVERYBODY’S BUSINESS