cosme...cosme in practice 5 easme cosme programme management access to finance loan guarantee...
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Executive Agency for SMEs
COSME The EU programme for the Competitiveness
of Small and Medium-sized Enterprises
EASME Executive Agency for Small and Medium-Sized Enterprises
Executive Agency for SMEs
COSME Helping SMEs reach their full potential
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Companies need to innovate to grow
Start-ups need guidance
Providing 85% of all new jobs
1 out of 4 SMEs needs financing
21 million SMEs
Why was COSME launched?
What is COSME?
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Access to finance
Access to markets
Improving framework conditions for enterprises
Encouraging entrepreneurship and entrepreneurial culture
COSME in practice
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EASME Programme Management COSME
Access to finance Loan Guarantee Facility and
Equity Facility for Growth
Calls for tender and calls for proposals Information campaigns, events,
peer-to-peer learning and exchange, studies, support networks,
online information sources
All to help SMEs prosper.
EIF Managing Financial
Instruments
EUROPEAN COMMISSION Policy Design
Access to finance
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Access to finance
Access to markets
Improving framework conditions for enterprises
Encouraging entrepreneurship and entrepreneurial culture
Empowering SMEs
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Equity Facility for Growth
(EFG)
Loan Guarantee
Facility (LGF)
ACCESS TO FINANCE
Financial
intermediaries
Provides loans
COSME Loan Guarantee Facility (LGF) ACCESS TO FINANCE
SME
€ Launches COSME
European
Commission
COSME financial instruments
European Investment Fund
Partnership to guarantee loans
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Explore the Access to finance portal http://access2finance.eu/
ACCESS TO FINANCE
Building solar panels into bags
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SunnyBag expands abroad
Case Study
COSME Equity Facility for Growth (EFG)
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ACCESS TO FINANCE
selected venture capital
SME
Financial intermediaries
€
operate independently
& invest in SMEs with the greatest growth
potential
private equity funds
Explore http://access2finance.eu/
EIF
€
€
Access to markets
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Access to finance
Access to markets
Improving framework conditions for enterprises
Encouraging entrepreneurship and entrepreneurial culture
Helping SMEs venture abroad
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ACCESS TO MARKETS
Business networks e.g. Enterprise Europe Network
Legal guidance e.g. Intellectual Property
SME Helpdesks
Information support e.g. Your Europe Business portal
International partnerships e.g. EU-Japan Centre
for Industrial Cooperation
Enterprise Europe Network
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Helping ambitious small businesses innovate and grow internationally
ACCESS TO MARKETS
3 000 local experts
600+ offices
60+ countries worldwide
Partnership services Advisory services Innovation support services
Explore https://een.ec.europa.eu
Training future astronauts with Swedish triathlon tech
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ACCESS TO MARKETS
TriROOM teams up with the University
of Verona
Case Study
Your Europe Business
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ACCESS TO MARKETS
More than 2,000,000 visits a year
Taxation
Start up
Expanding abroad
Environmental rules
Funding
Explore the Your Europe portal http://europa.eu/youreurope/
Intellectual Property Rights SME Helpdesks
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ACCESS TO MARKETS
Find your SME Helpdesk http://www.ipr-hub.eu/
Webinars Helpline
Guides
Case studies IP rights information
EU-Japan Centre for Industrial Cooperation
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ACCESS TO MARKETS
Innovation services
Services for businesses
Policy analysis
Explore the centre’s website http://www.eu-japan.eu/
Improving framework conditions for enterprises
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Access to finance
Access to markets
Improving framework conditions for enterprises
Encouraging entrepreneurship and entrepreneurial culture
Improving framework conditions for enterprises
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Easing administrative burden
Industrial modernisation
Promoting EU Clusters
Helping tourism businesses
Key Enabling Technologies
Digital transformation
SME Policy development
Tourism
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IMPROVING FRAMEWORK CONDITIONS FOR ENTERPRISES
Giving the tourism sector a boost
Diversified and increased tourism offer
Favourable and competitive
environment for tourism businesses
A self-sustainable ‘voyage’
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Exploring how to start and develop
a tourism business
For more information visit http://voyagechallenge.com/
Case Study
IMPROVING FRAMEWORK CONDITIONS FOR ENTERPRISES
Studies for better policy-making
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IMPROVING FRAMEWORK CONDITIONS FOR ENTERPRISES
https://publications.europa.eu/en/publication-detail/-/publication/b85f5e09-7e2b-11e6-b076-01aa75ed71a1
• 3D-printing applications
• Raising awareness
• Adapting curricula
• R&D
Identifying current and future application areas, existing industrial value chains and missing competences in the EU, in the area of 3D-printing
• Business model analysis
• Field-specific benchmarks
• Competitiveness recommandations
Studies for better policy-making
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IMPROVING FRAMEWORK CONDITIONS FOR ENTERPRISES
https://publications.europa.eu/en/publication-detail/-/publication/42a5c3f6-5ca1-11e8-ab41-
01aa75ed71a1/language-en
Improve economic and policy knowledge in the field of sport related industries with particular focus on sporting goods sector in the field of sporting goods
Developing world-class clusters
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IMPROVING FRAMEWORK CONDITIONS FOR ENTERPRISES
The European Cluster Collaboration Platform
EU Cluster Partnerships Matchmaking events
Cluster organisations mapping
International cooperation
Explore the platform http://www.clustercollaboration.eu/
Encouraging entrepreneurship and entrepreneurial culture
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Access to finance
Access to markets
Improving framework conditions for enterprises
Encouraging entrepreneurship and entrepreneurial culture
Encouraging entrepreneurship and entrepreneurial culture
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Some examples:
SINCE ITS LAUNCH IN 2009
Erasmus for Young Entrepreneurs
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ENCOURAGING ENTREPRENEURSHIP AND ENTREPRENEURIAL CULTURE
Find out more: www.erasmus-entrepreneurs.eu
Application Matchmaking Contracting/preparation Stay abroad
Over 13 000 registrations. Nearly 8 000
entrepreneurs participated.
About 4 000 exchanges organised.
Can you say ‘discount’ in Greek?
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ENCOURAGING ENTREPRENEURSHIP AND ENTREPRENEURIAL CULTURE
3 months in Brussels
exploring the EU entrepreneurship
scene
Case Study
MAIN OUTCOMES
European Entrepreneurship Education NETwork
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ENCOURAGING ENTREPRENEURSHIP AND ENTREPRENEURIAL CULTURE
EE-HUB
National Policy
Framework Teacher
training and support
Partner-ships and
role of businesses
Entre-preneurship ecosystem
Instruments to collect
and assess information
66 5 20 6 36 2
good practices working groups peer learning
webinars
high-level round tables expert blogs
main conferences
Explore the EE-HUB website http://www.ee-hub.eu/
MENTORING
European Gateway for women’s entrepreneurship
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ENCOURAGING ENTREPRENEURSHIP AND ENTREPRENEURIAL CULTURE
WEgate
NETWORK OPPORTUNITIES
TRAINING
SHARING GOOD PRACTICE
NEWS ON ENTREPRENEURSHIP
LOCAL ORGANISATIONS SUPPORTING WOMEN’S ENTREPRENEURSHIP
Discover the WEgate platform https://wegate.eu/
Going digital: Watify
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ENCOURAGING ENTREPRENEURSHIP AND ENTREPRENEURIAL CULTURE
Boosting technological transformation
• Awareness-raising events
• Sharing best practice
• Promoting digitisation and Key Enabling Technologies
‘What if I try it out’ ‘What if I plan for the future’
Explore Watify’s website https://ec.europa.eu/growth/tools-databases/dem/watify
COSME Helping SMEs reach their full potential
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Access to finance
Access to markets
Improving business conditions
Entrepreneurship
61% 23% 13% 3%
2014 > 2020 €2.3 BILLION
COSME Already delivering results
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FRAMEWORK CONDITIONS FOR ENTERPRISES
ACCESS TO MARKETS
ENTREPRENEURSHIP AND ENTREPRENEURIAL CULTURE
146
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PROJECTS COORDINATED
556 348
COSME Data Hub https://cosme.easme-web.eu/
How to participate Access to Finance • Loans and venture capital backed by EIF • Direct financing to SMEs • Access2finance.eu
Calls for tender
Procurement of services/ studies 100 % financed by COSME
E.g. STUDY ON 3-D PRINTING
Calls for proposals
Grants co-financed by COSME
E.g. SELF-SUSTAINABLE VOYAGE
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Executive Agency for SMEs
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Visit our websites
@EnterpriseEuropeNetworkEU
@EEN_EU
COSME EASME