The CATALYST project “European VET Excellence Centre for Leading Sustainable Systems and Business Transformation” is designed with strong vision and motivation to contribute to realisation of the European Green Deal and the new Industrial and SME Strategies.The main goal is with the establishment of united CATALYST Centre of Vocational Excellence in 5 countries to give support, create an educational offer to tackle personal and organisational development, and to embrace transformation in SMEs, enabling and inspiring them to re-think and re-design their business models, co-creating and sharing between educational and business organisations. The project fosters innovation and applied knowledge in approaches of learning and tailor-made VET program via the “Enable component”, as well as support of SMEs to create sustainable businesses via the “Inspire component”.The main project outputs are: 1. 5 CoVEs and CATALYST Network anchored the European VET eco-system;2. 70 VET courses for up-skilling professionals and students;3. Co-create and disseminate applied knowledge inspiring business-education partnerships involving students, professionals and SMEs;4. Create CATALYST Platform which will unite all CoVEs on a European level;5. Implement VET trainings, pilot-project with SMEs and applied joint research projects in selected sectors according to the national S3;6. Raise awareness of the potential CATALYST CoVEs have and increase the demand and attractiveness of VET.Activities are focused on learning opportunities, applied joint research projects, innovative training methodologies and tools and support for SMEs on relevant topics, where more than 5000 beneficiaries (professionals, students and SMEs) can benefit. The desired impact of the project is the established CoVEs to be ‘catalyst’ on national, regional and European level, ‘enable’ change and ‘inspire’ and transformation of individuals and SMEs toward more sustainable systems and societies.