the eu sme policy in the single market strategy - obi · 2016. 3. 15. · helping smes and...
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The EU SME Policy in the Single Market Strategy
OBI - 29 February 2016
Dionysios TSAGKRIS [email protected]
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Single Market: facts and figures
o Single Market: seeks to guarantee the free movement of goods and services – as well as capital and people – the "four freedoms" – between the EU's 28 member states.
o Single Market economy:
• 500 million consumers
• 21 million companies
• 14 trillion euros GDP
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SMEs: Backbone of EU economy
21 million SMEs in Europe
99% of businesses in the EU are SMEs
More than 100 million jobs
85 % of new jobs in the private sector created by SMEs that provide more than two thirds of jobs
SMEs account for more than 58% of the total gross-added value.
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The Demography of SMEs in Greece
Source : SBA Fact sheet 2015
Size of
Enterprise
Number of
Enterprises
Employment
Added Value
Greece EU 28 Greece EU28 Greece ΕU 28
Very Small 96.7%
669.773
92.7% 58.7% 29.2% 37.4% 21.1%
Small 2.9%
20,058
6.1% 17.3% 20.4% 20.9% 18.2%
Medium Size 0.4%
2,455
0.4% 10.9% 17.3% 16.6% 18.5%
Total SMEs 99.9%
692.286
99.8% 86.9% 66.9% 74.8% 57.8%
Large
Enterprises
0.1%
400
0.2% 13.1% 33.1% 25.2% 42.2%
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The “Small Business Act”
Adopted in June 2008
Main objective: create a common framework for SME initiatives and implement the “Think Small First” principle
10 principles and a set of policy actions to implement them
Exchange of good practices
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The 10 SBA principles 1. Support entrepreneurship
2. Give a 2nd Chance to Honest Entrepreneurs
3. “Think Small First”
4. Public administration responsive to SME needs (e-government)
5. Improve access to public procurement & use of state aid
6. Facilitate access to finance
7. Benefit from Single Market opportunities
8. Access to skills and innovation
9. Eco-innovation/environment opportunities
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The SBA Review (2011) • Priority areas:
–Access to finance
– Entrepreneurship
–Access to markets
– Smart regulation
• Enhanced Governance - SME ENVOYS
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Enhanced governance: The network of the SME Envoys
• European level: the EU SME Envoy listens to SMEs and their representatives and act for the benefit of SMEs for EU policy making.
• National level: EU Member States have appointed their national SME Envoys
• The national SME Envoys together with the EU SME Envoy form the SME Envoys Network
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Monitoring SBA implementation SME Performance Review
The SPR is a tool to monitor the SME performance and the implementation of the ten SBA principles at EU and national level
It includes:
• The annual Report • The SBA Country fact sheets (MS and some third
countries) • Thematic studies
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SINGLE MARKET STRATEGY
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Links with various other workstrands • Investment Plan
• Digital Single Market Strategy
• Capital Markets Union
• European Energy Union, Initiatives in transport sector - and other sectoral initiatives
• Labour Mobility
• Actions in tax area
• European Semester - Structural reforms in the Member States
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Helping SMEs and start-ups to grow • Helping SMEs and start-ups to grow A number of
cross-cutting actions, for example:
• Access to finance (CMU, Investment Plan); VAT Action Plan; Initiative on business insolvency (cf. give entrepreneurs a second chance); Initiative to facilitate the use of digital technologies to start and scale-up a company and cross-border mergers and divisions; Identify barriers to innovation;
• 'Start-up Initiative': to engage all relevant players with the aim of improving the environment for start-ups in Europe.
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Helping SMEs and start-ups to grow.
''The fear of punitive Bankruptcy laws''
The effects of bankruptcy :
• deter people from entrepreneurial activity,
• disincentive to start up a business.
• fear of the social stigma.
The Commission will support bona fide entrepreneurs. Legislative proposal on business insolvency, including early restructuring and second chance.
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Non-Legislative Action ''European Network for Early Warning and for Support to
Enterprises and Second Starters''
• The aim is to develop advisory and support services to
• (1) still viable businesses for restructuring and advice to survive,
• (2) help honest bankrupt entrepreneurs to go for a second start in business, inter alia to manage and restructure their debt, to facilitate their economic and social inclusion and advise them in a 'second start'.
ROADMAP Actions Timetable
Guidance on how EU law applies to collaborative economy business models 2016
VAT Action Plan 2016
Legislative initiative on business insolvency, including early restructuring and second chance 2016
Initiatives to facilitate the use of digital technologies throughout a company’s lifecycle and cross-border mergers and divisions
2017
Start-up initiative 2016
Guidance on reform needs for Member States in regulation of professions 2016
Analytical framework for Member States to use when reviewing the existing or proposing additional regulation of professions
2016
Legislative action to address targeted regulatory barriers in key business services and construction services 2016
Legislative initiative to introduce a ‘services passport’ for key sectors of the economy such as construction and business services
2016
Communication setting out best practices to facilitate retail establishment and reduce operational restrictions 2017
Legislative action to prevent discrimination against consumers based on nationality or country of residence Mid-2016
Joint initiative on Standardisation 2016
Dedicated guidance on service standardisation 2016
Public procurement: voluntary ex ante assessment mechanism for large infrastructure projects 2017
Initiatives for better governance of public procurement through the establishment of contract registers, improved data collection and a networking of review bodies
2017-2018
Initiatives to modernise the intellectual property rights (IPR) framework, including a review of the EU IP enforcement framework
2016-2017
Data analytics tool for monitoring Single Market legislation 2017
Proposal for market information tools allowing the Commission to collect information from selected market players 2016
Legislative proposal modelled on the successful features of the current notification procedure under Directive (EU) 2015/1535 for services currently not covered by that Directive
2016
Action Plan to increase awareness of the mutual recognition principle 2016
Revision of Mutual Recognition Regulation 2017
Comprehensive set of actions to further enhance efforts to keep non-compliant products from the EU market (including a possible legislative initiative)
2016-2017 15/03/2016 15
SMS actions will deliver results for:
• Consumers
• SMEs and start-ups
• Innovative services
• Professionals
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Facilitating Access to Finance
• Direct support to enterprise financing – COSME – 2,3 bn €
– HORIZON 2020 – 80 bn €
– Structural Funds
– www.access2finance.com
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COSME: Program for Competitiveness of Enterprises and SMEs 2014-2020
• Objectives :
a. Improving access to finance
b. Improving access to markets
c. Improving framework conditions for business
d. Promoting entrepreneurship • Main target audience: SMEs, Entrepreneurs, Business Support Organisations,
regional and national Administrations.
• 2,3€ billion for 2014-2020 18 15/03/2016
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Equity instruments
• Equity Facility for R&I (H2020)
• Equity Facility for Growth of SMEs (COSME)
Debt instruments
• SMEs & Small Midcaps Guarantee Facility for R&I (H2020)
• Loan Guarantee Facility for SMEs (COSME)
Horizon 2020 & COSME Financial Instruments
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EU financial instruments 2014-2020
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https://youtu.be/N_24hdG8Z20
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Thank you for your attention
Dionysios TSAGKRIS
DG GROW –Policy Officer
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