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- The Baltic Sea Academy is a network of 15 universities from 9 countries bordering the Baltic Sea region. It was initiated by the Hanseatic Parliament and established as a nonprofit organization association in February 2010 . The common objective is to bridge the gap between the small and medium-sized companies (SMEs) and the academic world. The Baltic Sea Academy is actively supporting companies with concrete R&D solutions, but is also creating and implementing tailor made curricula for SMEs. The promotion of innovative solutions for SMEs is a priority for the realised R&D tasks, with regards to the created study courses the focus is on the Dual education system, allowing a combination of practical skills and academic knowledge.