Corallia Clusters Initiative is a Greek public-private partnership, aiming at boosting competitiveness, entrepreneurship and innovation, in knowledge-intensive and exports-oriented technology segments. Corallia's vision is the promotion of "Innovation Made in Greece" in knowledge intensive - high-tech - exports oriented segments, in order to fuel growth and boost competitiveness in business sectors where Greece can attain a world-wide competitive advantage, through the establishment of Innovation Clusters.

Acknowledging the power of clusters as an important framework for industrial development, Corallia's primary focus is placed on the advancement of the country's core competence from a model of "low cost labor" to a model of "added-value services", while adopting a knowledge economy orientation, Corallia has introduced a programme framework for the utilization of clusters, with the aim to promote Innovation Made in Greece and boost competitiveness.

Corallia portrays the mutual vision of all innovation ecosystem actors, including industry, academia, research labs, VCs, business angels and regional and central government.

Corallia has repeatedly received national and international distinctions of strategic importance. In a national level two Corallia "best practices" were selected within the framework of the Operational Program "Competitiveness" of the Hellenic Ministry of Development: a) The establishment of the Microelectronics Innovation Centre (μIC) in Athens and, b) The design and implementation of the "Career Days" in Greece. Furthermore, at a European level, Corallia was hailed as a "Best Practice" by DG Enterprise & Industry, within the framework of the European Charter for Small Enterprises 2008.

Corallia structures its objectives and actions according to the following strategic axes:

• Competitiveness through the development of co-operation between competitive companies ("co-opetition").
• Critical mass and geographical hyper-concentration in the thematic areas in the technology segments of focus.
• IPR protection and patent submission.
• Network with and ease repatriation for human capital.
• Economies-of-scale and economies-of-scope.
• Sustainable growth based on the principles of corporate social responsibility.

Corallia pays a great attention to international cooperation. Therefore it has been working continuously in transferring its operating model both within Greece as well as within Europe via its participation in the European Cluster Alliance.

For Further Information about Corallia Press Here