Public funding is a must for many cluster organizations in developing a sustainable ecosystem. However, this support is often temporary, that’s also the case in Flanders. The Flemish Innovative Business Networks are financially supported for 3 years, after which they are expected to continue with their own resources. This is not obvious and turns out to be a pitfall for many of these organizations. In order to give the promising clusters the opportunity to successfully enter the future, Flanders Innovation & Entrepreneurship developed a new service for its cluster organizations, namely a coaching trajectory to develop a sustainable business model. Thanks to this service, four Innovative Business Networks were prepared towards a future proof cluster organization. Read more about their experiences and the lessons learned by Flanders Innovation & Entrepreneurship.
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