COSME (Competitiveness for SMEs)
and the Enterprise Europe Network
Belfast, 27 May 2014
Luis CUERVO SPOTTORNO
SME access t...
2
 70% - 88% of businesses regard administrative
difficulties in other EU Member States as
‘important’ in deciding cross-...
COSME (2014 – 2020)
 Strengthen competitiveness and
sustainability of EU enterprises - SMEs
 Encourage an entrepreneuria...
COSME
Budget share per objective:
1) Improving access to finance (min 60%)
2) Improving access to markets (+/- 21,5%)
3) I...
5
Objective 1: Improving access to finance
OBJECTIVES
 Streamline financial instruments,
 Develop EU-wide venture capita...
Zero bureaucracy for SMEs
Apply directly to banks and venture capital funds
7
Previous success ?
• With a budget of 1.1 billion EUR for financial instruments
under the former programme (CIP) – we ha...
8
Objective 2: Improving access to markets
SUB-OBJECTIVES
 One-stop-shop for SMEs
 Dissemination of information on SMEs ...
9
The Enterprise Europe Network
 +/- 600 business support organisations in 54 countries
 Objective: help European SMEs i...
The EEN Network in the UK and
Northern Ireland
10
• East England
• London
• Midlands
• North East England
• North West Eng...
EEN performance in the UK
• SMEs participating in local events:
• 16581 (2008-10); 18338 (2011-12); 10314 (2013)
• SMEs re...
EEN outcomes in Northern Ireland
• SMEs participating in local events:
• 2272 (2008-10); 879 (2011-12); 492 (2013)
• SMEs ...
EEN best practice in Northern Ireland
• http://www.enterpriseeuropeni.com/inx/about/case.asp
• http://een.ec.europa.eu/suc...
14
Objective 3: Improving framework conditions (1)
SUB-OBJECTIVES
 Reduce administrative burden
 Support smart regulatio...
15
Objective 3: Improving framework conditions (2)
OTHER OBJECTIVES
 Foster the emergence of competitive industries.
 St...
16
Objective 4: Promoting entrepreneurship
SUB-OBJECTIVES
 Develop entrepreneurial skills, especially amongst new
entrepr...
Thank you for your attention!
Find out more:
http://ec.europa.eu/enterprise/cosme/
http://een.ec.europa.eu/
http://europa....
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Horizon2020 - COSME (Competitiveness for SMEs) and the Enterprise Europe Network, Luis Cuervo Spottorno, European Commission - 27 May 2014

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Horizon2020 - COSME (Competitiveness for SMEs) and the Enterprise Europe Network, Luis Cuervo Spottorno, European Commission - 27 May 2014

  1. 1. COSME (Competitiveness for SMEs) and the Enterprise Europe Network Belfast, 27 May 2014 Luis CUERVO SPOTTORNO SME access to markets DG Enterprise and Industry - European Commission
  2. 2. 2  70% - 88% of businesses regard administrative difficulties in other EU Member States as ‘important’ in deciding cross-border trade  37% of European citizens would like to be self- employed, as compared to 55% in the United States and 71% in China  400,000 - 700,000 SMEs are unable to obtain a loan from the formal financial system  25% of SMEs in the EU export outside national markets and only 13% export beyond the EU (average) The issues
  3. 3. COSME (2014 – 2020)  Strengthen competitiveness and sustainability of EU enterprises - SMEs  Encourage an entrepreneurial culture and promote the creation and growth of SMEs  Target audience: SMEs, Entrepreneurs, Business Support Organisations, regional and national Administrations €2,3 billion for 2014 – 2020
  4. 4. COSME Budget share per objective: 1) Improving access to finance (min 60%) 2) Improving access to markets (+/- 21,5%) 3) Improving framework conditions (+/- 11,5%) 4) Promoting entrepreneurship and entrepreneurial culture (+/- 2,5%) Calls for tender OR calls for proposals for 2/3/4
  5. 5. 5 Objective 1: Improving access to finance OBJECTIVES  Streamline financial instruments,  Develop EU-wide venture capital market  Support cross-border lending  Improve information on EU finance for SMEs INSTRUMENTS • An equity facility to invest in SMEs in expansion phase • A loan facility to provide guarantees to cover loans for SMEs
  6. 6. Zero bureaucracy for SMEs Apply directly to banks and venture capital funds
  7. 7. 7 Previous success ? • With a budget of 1.1 billion EUR for financial instruments under the former programme (CIP) – we have achieved: • €14 billion of loans for SMEs • €2.3 billion of venture capital for SMEs • More than 240,000 SMEs have been helped to access finance.
  8. 8. 8 Objective 2: Improving access to markets SUB-OBJECTIVES  One-stop-shop for SMEs  Dissemination of information on SMEs on how to internationalise  Mapping and filling gaps in support services  Training programmes for SME managers INSTRUMENTS  Enterprise Europe Network  Analysis (eg. studies on EU business support abroad)  On-line portals (e.g. Your Europe Business portal, new portal on access to markets outside EU, China IPR helpdesk; EU SME Centres)  Awareness raising campaigns, training sessions  Exchange of best practices, workshops
  9. 9. 9 The Enterprise Europe Network  +/- 600 business support organisations in 54 countries  Objective: help European SMEs internationalise  Has helped to conclude more than 9,000 cross-border partnership agreements Enterprise Europe Network in Northern Ireland: http://www.enterpriseeuropeni.com/inx/ In the UK: http://www.enterprise-europe.net/ Worldwide: http://een.ec.europa.eu/
  10. 10. The EEN Network in the UK and Northern Ireland 10 • East England • London • Midlands • North East England • North West England • Northern Ireland • Scotland • South East England • South West England • Wales • Yorkshire Services:  free business advice and support  networking events & promotion  innovation services  guidance on EU funding  feedback to Commission on SME priorities /constraints  business/research partnering  database access (business opportunities and technology profiles)
  11. 11. EEN performance in the UK • SMEs participating in local events: • 16581 (2008-10); 18338 (2011-12); 10314 (2013) • SMEs receiving advisory services: • 5392 (2008-10); 7653 (2011-12); 4565 (2013) • SMEs participating to brokerage events/company missions: • 1454 (2008-10); 1634 (2011-12); 864 (2013) • Partnership Agreements signed: • 166 (2008-10); 508 (2011-12); 244 (2013) 11
  12. 12. EEN outcomes in Northern Ireland • SMEs participating in local events: • 2272 (2008-10); 879 (2011-12); 492 (2013) • SMEs receiving advisory services: • 1016 (2008-10); 318 (2011 – 12); 331 (2013) • SMEs participating in brokerage events /company missions: • 176 (2008-10); 136 (2011-12); 125 (2013) • Partnership Agreements signed: • 26 (2008-10); 27 (2011-12); 10 (2013) 12
  13. 13. EEN best practice in Northern Ireland • http://www.enterpriseeuropeni.com/inx/about/case.asp • http://een.ec.europa.eu/success-stories/scoring-across-board • Some best practices:  Northern Ireland SME identifies a German partner to help grow exports in their market  Digishare360 Brokers Digital Technology Link with Poland  New projects strengthen Northern Ireland's position as global centre for cyber security and biogas  Technology Transfer - N. Ireland and the University of Bari  EEN helps Biogas Consortium – ATBEST  Company Mission – Printed Electronics in Sweden 13
  14. 14. 14 Objective 3: Improving framework conditions (1) SUB-OBJECTIVES  Reduce administrative burden  Support smart regulation (SBA/SME test, competitiveness proofing, fitness checks)  Strengthen MS industrial policy coordination  Reinforce the use of the 'Think Small First' principle INSTRUMENTS  Statistical analysis, benchmarking, policy monitoring (e.g. Annual EU Competitiveness Report, EU SME Performance Review, SBA country factsheets)  Workshops and best practice exchange between policy makers (e.g. HLG on reduction of administrative burden, SME Envoys)
  15. 15. 15 Objective 3: Improving framework conditions (2) OTHER OBJECTIVES  Foster the emergence of competitive industries.  Stimulate development of new markets Competitive business models.  Enhance productivity, resource efficiency, sustainability and corporate social responsibility. INSTRUMENTS  Support to Clusters  Sectorial policies: e.g. tourism, KETs, digital-economy, construction…
  16. 16. 16 Objective 4: Promoting entrepreneurship SUB-OBJECTIVES  Develop entrepreneurial skills, especially amongst new entrepreneurs, young people and women,  Develop mentoring schemes  Promote social entrepreneurship INSTRUMENTS  Workshops and exchanges of best practices (European Network of Mentors for Women Entrepreneurs)  Training (Erasmus for Young Entrepreneurs exchange programme, trainings for teachers)  Promotion (e.g. education for entrepreneurship and self- employment at school and university)  Awareness-raising (European SME Week)
  17. 17. Thank you for your attention! Find out more: http://ec.europa.eu/enterprise/cosme/ http://een.ec.europa.eu/ http://europa.eu/youreurope/business/funding- grants/access-to-finance/

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