The Basque Country chairs the EU network looking for new industrial businesses

6 July, 2015

It has taken the chair of the Vanguard Initiative, composed of 20 leading European Union regions in industrial policies. Euskadi will be informed of industrial developments and thus be able to detect new market niches in advance. Representatives of the Basque Government Department of Economic Development and SPRI have become key figures in the almost two years this initiative has been running.

The Basque Country has taken the chair of the Vanguard Initiative, made up of 20 leading European Union regions in industrial policies. This is the forum where future trends for industry are forged, as the fourth industrial revolution embodied in the so-called industry 4.0, in which the Basque Government is adopting an active promotion strategy.

By participating in the Vanguard Initiative, the Basque Country will be informed of industrial developments and consequently detect new market niches and the implementation of new technologies at an early stage. The Basque Country is one of the twenty European regions in the “Vanguard Initiative”, contributing knowledge and expertise to the European Commission concerning the Community goal of a European industrial renewal, currently focusing on the field of Advanced Manufacturing. In fact, during the first year this initiative was operating, representatives of the Basque Government Delegation in Brussels and of the Basque Government Department of Economic Development and Competitiveness, through the SPRI Group, became key players in assisting the EC when defining the strategic guidelines for smart specialization.

The Vanguard Initiative is a new form of collaborative work at European level that offers new ways to mobilise and align resources on the basis of regional smart specialisation principles and interregional cooperation based on clusters. The presence of the Basque Country in the Initiative has occurred at a time when Basque Government guidelines coincide with the EU strategy of aligning cluster policy to regional strategy (RIS3). The aim pursued is the productive transformation of our economy to build new competitive advantages, so as to create employment and well-being in the medium and long term.

The Vanguard Initiative was launched on the occasion of the High-level Conference “Regions as motors of new growth by smart specialisation” on 8 November 2013 in the European Parliament, in the broader context of the discussion on a European Industrial Renaissance, and has strongly focused on the EU Advanced Manufacturing (ADMA) arena.

Another goal of the Vanguard Initiative is to promote the internationalisation of industrial clusters, taking advantage of the interregional network effect with those regions where there is a political will to work in a coordinated manner for EU innovation, regions that are committed to the internationalisation of their clusters with global potential already identified by their RIS3.

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