Heraklion is the largest urban centre in Crete, the capital of the region and the economic centre of the island. The town is comprised of a dynamic and imaginative combination of natural beauty, climate, strategic position, cultural heritage and scientific background that has created an appropriate environment to support a particular mechanism which adds value to the broader entrepreneurial activity in the region and stimulates the local economy. Today Heraklion is the top choice for tourist destinations in the Mediterranean thanks to strategic geopolitical position connecting three continents and many different cultures. Furthermore the city is also the commercial and scientific centre of the island.
Heraklion, the Chandax of the Arabs and Byzantines, was one of the island's major ports and markets, and at times one of the most economically active towns in the wider region. Since the birth of the first European civilization of the Minoans, more than 3500 years ago, this region and the innovations of its inhabitants have played a vital role in shaping the economic, social and cultural history of the region.
Its history gives the city a heritage that few small cities in the world can approach. However, today, Heraklion is a town in the midst of yet more cultural change, growing in its sense of self in the modern European context. Proud of its pivotal role as the epicenter of three continents, Heraklion sees itself as a city for the new century with the desire, talent and energy to further develop its economic prosperity and culture.
A wealth of cultural events is organized throughout the year, spaces have been allocated to young artists to exhibit their work and seminars, lectures and art workshops are on the increase offering to citizens and visitors alike authentic cultural experiences.
The existence of the University of Crete (UoC), the Hellenic Mediterranean University (HMU), the Foundation for Research and Technology - Hellas (FORTH), contribute to the production of knowledge and research results, to the development of the appropriate scientific human resources and the corresponding enterprise Activity. In recent years, a new wave of innovative entrepreneurship has emerged.
This wave comes from young people with talents and skills exploiting new technologies, businesses that transform their business model, as well as new scientists who turn their ideas into a marketable service or product through their Business Plan and start their own business with an international horizon. For all of them, Heraklion can become a model center for the development of innovative communication products, applications and services.
The positive features of the wider environment and interventions favoring the creation of ecosystems of innovation in the heart of the city, from which a creative wave of restarting economic activity can be spread, using the know-how, the experience, the mood, the time and the physical presence of entrepreneurs, researchers, academics and every creative and active group of young people. We must emphasize that these actions meet an internationally recognized process, the “quadruple propellant”, e.g. the co-operation of Local Government, Academic and Research Institutions, Business and Citizens. A key element of the interventions in the local economy is the Center for Democratic Dialogue, Innovation and Entrepreneurship with the distinctive title “DEMOSCOPIO”.
The main goal of the Municipality of Heraklion is to attract international interest and to turn this into a center of creation and development. For that reason, the municipal authority builds communication channels with other European cities and at the same time, participates in activities concerning education, city planning, economy, politics, foreign affairs etc.
A major scope towards the city resilience is revitalizing the local economy, production and processing, with important tools using new technologies and innovative actions and partnerships as well as reducing local contradictions and encouraging local societies into a new way of coexistence, with common goals and common interests.
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