COSME Programme for the Competitiveness of Enterprises and SMEs. Enterprise Europe Network

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1 COSME Programme for the Competitiveness of Enterprises and SMEs Enterprise Europe Network 11 December 2017 Giacomo Mattinò Head of unit GROW.H2 Enterprise Europe Network and Internationalisation of SMEs DG for Internal Market, Industry, Entrepreneurship and SMEs 1 ACCESS TO FINANCE LOAN GUARANTEE FACILITY EQUITY FACILITY FOR GROWTH Min 60% FUNDS OF FUNDS Delegated to EIF COSME (~ 1,4 billion) 2 ACCESS TO MARKETS ENTERPRISE EUROPE NETWORK, 2,3 billion BUSINESS ENVIRONMENT SME POLICY, BETTER REGULATION, COMPETITIVENESS, SECTORS ~11% ~ 90% Delegated to EASME (~ 0,8 billion) 4 ENTREPRENEURSHIP ERASMUS FOR YOUNG ENTREPRENEURS, ~21,5% ~2,5% 1

2 Objective 1 : Improving access to finance Debt instrumentfor SMEs growth Loan Guarantee Facility (COSME) Equity instrumentfor SMEs growth Equity Facility for Growth (COSME) focus: growth-stage VC See SMEs in BE benefited from a loan guarantee (end June) 3 Objective 2: Improving access to markets AccesstoEUmarketandbeyond Main Instrument: The Enterprise Europe Network : Other actions: Your Europe Business portal IPR helpdesks 4 2

3 Objective 3: Improving framework conditions for businesses Reducing administrative burden, supporting smart regulation & SME policy Stimulate development of certain markets/sectors Examples: Better regulation platform, SME envoy network Clusters go international, Collaboration platform Tourism industry, Digital economy Blueprint for sectoral skills 5 Objective 4: Promoting entrepreneurship Developing of entrepreneurial skills and attitudes, especially among new entrepreneurs, young people and women, creating mentoring schemes, promoting social entrepreneurship Examples: Erasmus for Entrepreneurs See 9 intermediary organizations in BE European Entrepreneurship Education Network EE- HUB Entr. Education Peer-Learning workshops 6 3

4 Enterprise Europe Network The world's largest support network for SMEs, created in 2008, integrating EIC and IRC networks, and renewed under the EU's Competitiveness of Enterprises & SMEs Program (COSME) Helps European businesses: to innovate to increase their competitiveness to expand their business internationally inside Europe and in growth markets beyond the EU EU co-financing up to 60% of the eligible costs, at least 40% from the host organization's budget Enterprise Europe Network Typical clients for the EEN are: small companies with the potential to innovate and expand in the Single Market and abroad ready for growth, however need to be well prepared for internationalization and innovation services with an EU added value SMEs who can mobilize the necessary resources, facilitated by the EEN, with signposting in the local ecosystem where needed 4

5 Network services for SMEs (1) EEN inthe EU and in COSME countries International Partnership Services Business cooperation, technology transfer, innovation and research projects and related activities: matchmaking events, technology brokerage and company missions; Partnership Opportunities Database with cooperation demands and offers. Information & Advisory Services EU policies, legislation and programs; Innovation support services, Intellectual Property Rights (IPR); Access to international markets; Access to finance; Horizon 2020 participation, SME Instrument; Resource efficiency. Feedback from SMEs concerning EU initiatives, EU legislation Network services for SMEs (2) EEN services financed by Horizon2020 Key Account Management (KAM) services for beneficiaries of the Horizon2020 SME Instrument Assessing the needs of SMEs who received an SME Instrument grant, identifying the right coach to help SMEs successfully bring innovative solutions to the market Results of the interim evaluation : 336 KAMs, 2300 KAM cases, 2000 coaching cases, are highly appreciated by SMEs Enhancing Innovation Management Capacity of SMEs perform an innovation management capacity and gaps assessment, in close cooperation with your senior management develop an action plan to tackle identified gaps help carry out the action plan indicate paths for further development 5

6 Enterprise Europe Network services EEN- 17 key sectors Network experts in 17 key sectors have teamed up to provide SME with customised support Aeronautics and space Agrofood Automotive, Transport and Logistics BioChemTech Creative Industries Environment Healthcare ICT Industry & Services Intelligent Energy Maritime Industry and Services Materials Nano and micro technologies Services and Retail Sustainable Construction Textile & Fashion Tourism and Cultural Heritage Women Entrepreneurship 11 EU Member States + Albania Iceland Armenia FYROM Ukraine Montenegro Turkey Moldova Serbia Bosnia-Herz. EEN global presence 625 partner organisations professional advisers Buss. Cooperation centers* Russia New Zealand Indonesia Japan Canada China Argentina Switzerland S-Korea Brazil United States Norway Peru Egypt India Israel Mexico Singapore Jordan Taiwan Tunisia Paraguay Belarus Cameroon Chile Nigeria Qatar Georgia Vietnam *not funded by EU full list on:

7 EEN results SME growth forecast 13 EEN results Belgium 14 7

8 EEN Vision 2025 To achieve high impact for our client businesses, for the regions in which it operates and for Europe; To create connections to lead markets, lead customers, finance and innovation partners; To be acknowledged as the global Business Support Network of excellence. 15 Why a new EEN vision? SMEs challenges The rapidly changing and highly competitive environment, and the rapid pace of digitisation in industry The long-standing market deficiencies (access to finance, access to markets, innovation uptake, skills, starting and scaling up a company) Lack of integrated approach to business support services Emerging policy drivers at EU and national level Challenges and opportunities created by globalisation 16 8

9 EEN response: meeting SMEs' future challenges Better assess SMEs evolving needs and translate them into customised/tailor-made impact-generating services (move from business support to business development) Help SMEs to unlock the innovation/internationalization potential (including their potential for scaling-up ) Support SMEs capacity building, access to skills (i.e. innovation, international capability, resource efficiency) and resources (i.e. knowledge, risk sharing, networks) Special attention and focus on SMEs with growth potential Develop a constant dialogue with SMEs lifecycle business support 17 Thank you for your attention! Find out more: 9

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