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EU support to Entrepreneurship in the Balkans Region

EU support to Entrepreneurship in the Balkans Region. 1st Balkan Regional Forum (Balkan Region) Ruse, 10 September 2009. Simeon CHENEV DG Enterprise and Industry, SME Policy Development Unit. Outline. What is entrepreneurship? What are the obstacles to entrepreneurship?

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EU support to Entrepreneurship in the Balkans Region

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  1. EU support to Entrepreneurship in the Balkans Region 1st Balkan Regional Forum (Balkan Region) Ruse, 10 September 2009 Simeon CHENEV DG Enterprise and Industry, SME Policy Development Unit

  2. Outline • What is entrepreneurship? • What are the obstacles to entrepreneurship? • What is the EU approach and activities? • What is the specific approach for the Western Balkans Region? • Further Info and contacts

  3. What is Entrepreneurship? • “The assumption of risk and responsibility in designing and implementing a business strategy or starting a business” (Schumpeter) • “ The activities of an individual or a group aimed at initiating economic activities in the formal sector under a legal form of business ” (WB) • Entrepreneurship is the mindset and process to create and develop economic activity by blending risk-taking, creativity and/or innovation with sound management, within a new or an existing organisation.. (Green Paper « Entrepreneurship in Europe » COM (2003) 27 (Council Recommendation on Key Competences for Lifelong Learning COM(2005)548

  4. Outline • What is entrepreneurship? • What are the obstacles to entrepreneurship? • What is the EU approach and activities? • What is the specific approach for the Western Balkans Region? • Further info and contacts

  5. Survey, obstacles 1: “external” • Administrative procedures to start-up • Lack of finance • Wealth of legal requirements on businesses, products and services (bureaucracy) • Personal financial uncertainties Bureaucracy and Finances Source: Flash Eurobarometer 192, December 2006 - January 2007

  6. Survey, obstacles 2: “internal” • Inertia • Lack of self confidence • Doubts in own skills • Too long working hours • Dont have a business idea • Fear of Failure Mindset/Attitude Source: Flash Eurobarometer 192, December 2006 - January 2007

  7. The 4 variables for Entrepreneurship • Administrative procedures • Ease of access to finance • Entrepreneurial spirit • Management capacitation Bureaucracy and Finances  Mindset / Attitude 

  8. Outline • What is entrepreneurship? • What are the obstacles to entrepreneurship? • What is the EU doing? • What is the specific approach for the Western Balkans Region? • Further Info and contacts

  9. Approach • Bring together evidence based on projects carried out by Commission and Member States. • Highlight that good practice can be found in Europe: the challenge lies in spreading existing positive examples. • Support Member States in developing a more systematic strategy. • Financial support

  10. The Small Business Act (SBA) • Released in June 2008 • 3 main objectives: • entrepreneurship, “think small first”, promote SME growth • 10 principles and 93 actions for both the Commission and the Member States • 5 legislative acts

  11. Promotion of Entrepreneurship Small Business Act (SBA) Lisbon Agenda • Administrative procedures  Start-up procedures  License procedures  Bankruptcy & 2nd chance  Transfer of business • Ease of access to finance  Structural funds (JEREMIE), IPA  EIB loans, CIP, EBRD  GBER  FP7 • Management capacitation  Mg. Capacity building • Entrepreneurial spirit  ERASMUS  Female ambassadors  SME week  Entrepreneurship education

  12. Erasmus for Young Entrepreneurs • Follows the model of Erasmus for students • Enables the exchange of experience between new and experienced entrepreneurs http://www.erasmus-entrepreneurs.eu/

  13. Outline • What is entrepreneurship? • What are the obstacles to entrepreneurship? • What is the EU doing? • What is the specific approach for the Western Balkans Region? • Further info and contacts

  14. European Charter for Small Enterprises in the Western Balkans • Regional comparative monitoring process • Participating countries: Albania, Bosnia and Herzegovina, Croatia, the former Yugoslav Republic of Macedonia, Montenegro, Serbia and Kosovo under UNSCR 1244/99 • Move towards implementation of the policies identified in the Small Business Act • SME Policy Index

  15. The SME Policy Index

  16. South East European Centre for Entrepreneurial Learning • First regional institutional development from the Charter process • Supported by: • All pre-accession countries, • Financial inputs: European Commission (IPA) and the Croatian government • Funding – € 2m for period 2009 – 2011 • Location: Zagreb

  17. Outline • What is entrepreneurship? • What are the obstacles to entrepreneurship? • What is the EU approach and activities? • What is the specific approach for the Western Balkans Region? • Further info and contacts

  18. Enterprise Europe Network • EU Network offering high quality services to the benefit of SMEs • Organizing business cooperation across boarders • Help accessing EU projects and funding • Advising on EU legislation, standards and intellectual property rights • Assist SMEs in raising their innovative capacities • Support to going international • Collecting SME feedback to legislative initiatives  The broadest range of tailored services for SMEs in the EU and beyond • more than 500 regional organisations • more than 4.000 experienced professionals • active in 40 European countries http://www.enterprise-europe-network.ec.europa.eu/index_en.htm

  19. Info & Contacts • SME Portal http://ec.europa.eu/enterprise/sme/index_en.htm • ‘Small Business Act’ for Europe http://ec.europa.eu/enterprise/entrepreneurship/sba_en.htm • Entrepreneurship http://ec.europa.eu/enterprise/sme/promoting_en.htm • Eurobarometer on Entrepreneurial Attitudes http://ec.europa.eu/enterprise/enterprise_policy/survey/eurobarometer_intro.htm Simeon.chenev@ec.europa.eu

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