Promoting Entrepreneurship and Entrepreneurial Culture in COSME
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1 Promoting Entrepreneurship and Entrepreneurial Culture in COSME Stephanie J Mitchell Deputy Head of Unit D1 Entrepreneurship & Social Economy ENTR-ENTREPRENEURSHIP-AND-SOCIAL-ECO@ec.europa.eu European Commission Enterprise and Industry European Commission Enterprise and Industry
2 Our Policy Areas: Unit D1Mission Promotion of entrepreneurship and social economy: Building knowledge, skills and mindsets Improving the business environment and strengthening overall SME competitiveness Promote better framework conditions for corporate social responsibility (CSR) and social businesses Our Challenge: Europeans are less interested in being entrepreneurs than those in many of our major competitors 37% 51% 56% (last Eurobarometer)
3 Examples of our Actions under CIP Erasmus for (Young) Entrepreneurs (see next slide) European Network of Female Entrepreneurship Ambassadors, European Network of Mentors for Women Entrepreneurs Entrepreneurship education: 'labs', materials development,guidelines Studies/expert groups: Business Dynamics (start-ups, transfers, bankruptcy)
4 Benefits for Host Entrepreneurs Benefits for New Entrepreneurs Access new skills and innovative knowledge Work with a young fresh mind contributing new ideas Gain knowledge and intelligence about the foreign markets Opportunity to establish a new business partnership with an entrepreneur from another country Get experience & advice from seasoned entrepreneur Develop international contacts Get knowledge about foreign markets Providers, clients, coventuring opportunities
5 January 2013: Entrepreneurship 2020 Action Plan actions by Commission and at all levels (national, regional, local) in 3 action pillars Entrepreneurship education Environment where entrepreneurs flourish & grow Present policy context Awareness & outreach to specific groups
6 Examples of Actions under COSME Estimated total budget envelope 80 million(proposed) 1. Entrepreneurship education (est. 5m) entrepreneurial experience opportunity for all at secondary Pan-European learning initiative 2016 Impact assessment of entrepreneurship education across EU 2. Expansion of Erasmus for Entrepreneurs (est. 55m) Goal = 10,000 exchanges total by 2020
7 European Commission definition of strategic and financial framework Support Office: day-to-day operational management of the programme Intermediary Organisations Local and national business support organisations active in business support (e.g. Chambers of Commerce, Regional Development Agencies, Innovation Centres ) Manage and promote Recruit and assess entrepreneurs Proactively look for exchanges Support new entrepreneurs before & during the stay Promote Erasmus for Entrepreneurs at national, regional and local level Co-financing of max 90% of eligible costs in accordance with the regulations for Erasmus for Entrepreneurs Exchanges Between Entrepreneurs
8 Examples of Actions under COSME (continued) 3. Specific groups (est. 12m) Senior entrepreneurs best practice exchanges 'Digital icons' competition, mentoring, matchmaking e-platform for women entrepreneurs Post-2016 feasibility analysis on accelerator programmes specific groups
9 Policy Support Actions Past examples Start-up time/costs licensing time/costs Transfers of business Bankruptcy and second chance for honest bankrupts Future modus operandi: Best practice exchanges Expert working groups Studies To develop recommendations, guidelines, methods, targets
10 Start-ups ups: For more information Transfer of businesses: Second chance: Eurobarometer on entrepreneurial attitudes: Entrepreneurship education: Female entrepreneurship: Erasmus for Young Entrepreneurs: European SME Week:
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