This webinar is targeted at small and medium-sized enterprises (SMEs) and focuses on Open Innovation. Open Innovation involves collaboration between organizations, e.g., between companies across the value chain, collaboration with launching customers, e.g., hospitals or schools, and with knowledge institutes. The goal of Open Innovation is to jointly create value in the form new products, services or business models. The webinar will address: 1) the benefits and challenges of Open Innovation; 2) the Open Innovation Toolkit and the Open Innovation Project Canvas; and 3) practical examples of organizing Open Innovation.