Paragon Europe, the EU funding, research and innovation facilitator, has assisted more than 15 companies in its first six years.

Based in Mosta with a satellite office in Brussels, Paragon Europe focuses on research, project management and transfer of innovation, and collaborates and leads pilot project initiatives.

Paragon Europe has been working with several EU funding programmes including Framework Programme for Research and Development 7, European regional development funds, the Intelligent Energy Europe Programme, and the Information Communication Technologies Policy Support Programme.It is also heavily involved in project management and internships mobility projects.

Originally set up in 2006 by Anton Theuma and Nadia Theuma, who saw the attractiveness of such opportunities, Paragon Europe initially set out to support companies to benefit from EU funding opportunities. It has since evolved and is now working with lead partners from all over Europe on a range of economic, social, technological and innovative projects. It achieves its objectives through networking and marketing strategies.

A case in point is the Erasmus for Young Entrepreneurs programme which helps aspiring entrepreneurs acquire new skills and knowledge necessary to set up a business. Young people travel abroad for an internship of up to three months in an established enterprise.

Paragon Europe works with more than 150 universities and higher vocational institutions from all over Europe to offer work placements with leading Maltese companies. The students or interns are selected by the education institution before being eligible to participate.

The project is aimed at participants who aspire to open up their own business and would like to obtain hands-on experiences and practical knowledge on their target field. Paragon Europe markets its services online, at events and conferences, and contacting universities around Europe.

Its website at paragoneurope.eu is constantly updated.

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