INVESTech is a 4-year duration project that seeks to promote the innovation potential of VET in the participating countries by fostering collaboration between education, the labor market, and other stakeholders; facilitating the development of skills and use of innovative technology; promoting green transition and social inclusion; providing opportunities for international collaboration and exchange of good practices, thus ensuring that VET can play a major role in supporting innovation, skills development, green transition, and social inclusion. More specifically, INVESTech will establish a bottom-up approach to vocational excellence involving a wide range of stakeholders at the regional level, building on existing skills ecosystems, expanding them, or creating new ecosystems, thus enabling CoVEs to rapidly adapt skills provision to evolving economic and social needs.

INVESTech by incorporating the Quintuple Innovation Helix (Q2IH) Framework, which promotes partnerships among the academic community, industry, public sector, civil society, and natural environment, will provide a broader and more open platform of cooperation that will contribute to increase outreach, quality, and effectiveness of CoVEs and at the same time consider social and sustainable development parameters of skills development. Moreover, INVESTech will upgrade efforts undertaken regionally/nationally to the European, level, thus introducing a “European dimension” to Vocational Excellence in the participating countries, which will support the implementation of EU VET policy and actions.