In general The Cluster Is...
a group of companies and linked organizations that decide to work together to develop the business competitiveness of their region.

What are the benefits created by the cluster?
Clusters facilitate access to:

• Suppliers
• Specialized information through personal relationships
• Skilled labor force
• Customers
• Finance
• Technology
• R&D
• Supporting institutions and public goods

Therefore as a result of organizing themselves in clusters, SMEs are receiving the following benefits:

• Increased productivity
• Increased competencies (through specialization)
• Reduced transaction costs
• Improved quality
• New value added
• New business formation
• Increased innovation capacities
• Reputation of an area