The Nordic Council of Ministers' (NCM) Office in Estonia together with the Narva and Pärnu Colleges and the Viljandi Cultural Academy of Tartu University and the Peipsi Centre for Transboundary Cooperation are arranging the conference Innovation on Regional Level - a Tool for Growth of the Baltic Sea Region in Narva to discuss the role of the institutions of higher education (HEI), the local governments, and small and medium size enterprises (SME) in fostering regional development of the Baltic Sea region (BSR) and in implementing the European Union Strategy for the BSR.