iDEAlab Project was presented as a part of two-day event - the Workshom "Methodology guide for innovation" that was held at the University of Novi Sad on 16th and 17th March 2017. The first day of workshop was dedicated to the basic principles of innovations, their definition, innovation cycle and financing of the innovation and research. Also, special sessions were held on the new amendments of the Law on Higher Education and Financing the innovations and research. The second day was compilation of following subjects: Why innovate?, Financial mechanisms for innovation, IPR, TT and innovation and others. Vladimir Todorovic, on behalf of Tempus project iDEAlab presented a brief overview of iDEAlab project, main vision of iDEAlab network as well as possible ways of collaboration with IF4TM project, bearing in mind that development of creativity is connection point between these two projects.