enterpriseeuropenetwork.pptVIP

* * * Whats new: Wider role in enhancing competitiveness of SMEs including enhancing innovation capacity and support for improving SMEs financial knowledge Extended role in the area of energy and resource efficiency expertise New H-2020 services Services to SMEs will focus on integrated support services along the entire product chain emphasis on value-added services quality . Some general information services will also be provided: to increase visibility and help attract new clients Additionality/Complementarity with existing local services will be important Some flexibility to take account of regional specificities * + Management: DG GROW: strategy/policy Executive Agency EASME: Operational management / animation / financial matters * * COSME: Programme for the Competitiveness of Enterprises and SMEs 1st EU programme targeted to SMEs ? Promoting the creation and growth of SMEs ? Strengthening their competitiveness Access to markets Access to Finance Improving framework conditions for business Promoting entrepreneurship * * Improving framework conditions for business Reducing administrative burden and supporting smart regulation; Promoting measures to improve SME policy development; Stimulating the development of certain markets or sectors clusters, e-skills, KETs, tourism… . 11%  Promoting entrepreneurship Developing of entrepreneurial skills and attitudes for new entrepreneurs, young people or women; Mentoring schemes. Examples: European Network of Mentors for Women Entrepreneurs; Erasmus for Young Entrepreneurs; Education for entrepreneurship and self-employment at school and university. 2,5% Improving access to finance ? Support those SMEs which would otherwise not obtain financing concept of additionality ; ? Overall target is to provide support to up to 330,000 SMEs; provide up to € 25 billion in financing; ? Debt and equity financial instrument for SMEs: Loan Guarantee Facility LGF Equity Facility for Growth EFG B