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