About InnoWeek
Innovation: The Engine of Modern Prosperity
Scientifically proven correlations between innovation and societal development
ECONOMIC PROSPERITY
for every 10% increase in digital penetration
Innovation directly transforms investments into measurable economic growth
ACCELERATED PRODUCTIVITY
improvement in total factor productivity
Technology multiplies efficiency and competitiveness
TALENT ATTRACTION
young professionals in innovative cities
Innovation ecosystems become magnets for human capital
SUPERIOR WAGES
salary differential vs traditional regions
Innovation creates high value-added jobs
GLOBAL COMPETITIVENESS
between innovation performance and global ranking
Innovation positions regions on the world map
INTERNATIONAL INVESTMENT
foreign investment in top 25% innovation regions
Capital follows innovation and opportunity
QUALITY OF LIFE
between innovation and happiness index
Innovation improves public services and urban environment
SUSTAINABILITY
emissions reduction through green technologies
Innovation provides solutions to climate challenges
The Challenges We Must Overcome
Multi-level analysis based on official European and national reports
EUROPE FALLS BEHIND
globally: behind South Korea, Canada, China, USA and Australia
Source: European Innovation Scoreboard 2025, European Commission
ROMANIA - LAST PLACE
in European Innovation Scoreboard 2025
Source: European Innovation Scoreboard 2025, European Commission
WEST REGION - IP decline
from 3rd place to 7th place
Source: Inobarometru 2023, MCID Romania
TIMIȘOARA - OPPORTUNITY
high-tech manufacturing exports, mostly through international partnerships
Opportunity to develop more local innovation capacity and entrepreneurship
TALENT ATTRACTION CHALLENGE
R&D employees vs 1.53% in Bucharest-Ilfov
Timișoara's university center lags behind Cluj, Iași, Bucharest in talent magnetism (UPT study)
NON-INNOVATIVE ENTERPRISES
(last) for innovative enterprises in the region
Only 73.64% introduce innovations vs 89.42% in South-East
INVESTMENT EFFICIENCY
in spending, 8th place in results
We invest substantially, but efficiency can be better
UNTAPPED POTENTIAL
that transforms the entire region
Opportunity to become a magnet for talents and tech SMEs
The Path Forward
From potential to performance - how we bridge the innovation gap
Why Innovation
Innovation drives +1.3% GDP growth, attracts 2.5x more talent, and creates +35% higher wages. It's the engine of modern prosperity.
Our Reality
Romania ranks 27/27 in EU, West Region ranks 239/244 European regions despite its industrial base, and we invest more than we achieve in innovation output.
InnoWeek 2025
The most important event in the regional innovation ecosystem - a week dedicated to tech innovation and entrepreneurship, bridging potential with performance.
Our Vision & Mission
The principles that guide our work
🎯 Our Mission
Building a regional innovation ecosystem that transforms ideas into measurable community impact.
🌟 Our Vision
Timișoara as Eastern Europe's leading innovation hub, driving regional prosperity through talent and technology.
Our Journey
From a collaborative space to one of the biggest innovation events in Romania
2004-2016: Genesis and Foundations
StartupHub served as the catalyst that brought together Timișoara's emerging innovation community. More than a physical space, it became the spark that united visionaries and innovation practitioners. Here, pioneering projects took shape: UpgradeMyCity, Startups Timișoara, CoWork Timișoara, Growceanu, and Banat IT Association - each contributing to building the foundations of a robust ecosystem.
2022: The Turning Point
Some of those who met in the StartupHub context and collaborated on these projects together formally committed to developing the ecosystem through organized, evidence-based approaches. We created the first strategic action plan for regional innovation ecosystem development, marking the transition from organic initiatives to systematic methodology.
2023-2025: Acceleration and Scale
InnoWeek emerged in 2023 as the concrete manifestation of our vision - a week when Timișoara becomes Romania's innovation and entrepreneurship epicenter. The exponential growth from edition to edition (with 2025 marking nearly triple the numbers from the first edition) demonstrates both ecosystem strength and appetite for innovation.
2025 brings a dual achievement: StartupHub organizations successfully secured 14M EUR in public funding for the Western Region's tech startup accelerator. Simultaneously, through partnership with Timișoara Municipality, we launched the Timisoara Innovation City series - transforming informal efforts into a formalized organization built on open governance principles and multistakeholder approaches.
Organizing Team
The people behind InnoWeek
Our Values
The principles that guide us in organizing InnoWeek
Measurable Impact
Every initiative must generate concrete, verifiable results for the community
Multistakeholder Collaboration
We believe in the power of strategic partnerships between public, private, academic, and civic sectors
Transparency and Open Governance
We operate with clear principles, transparent processes, and accountability to the community
Long-Term Sustainability
We build for the future, with systemic thinking and generational responsibility
Bold Ambition
We champion courageous ideas that have the potential to change the world