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Access to finance

Access to finance. Daniel Gassmann Head of Sector, Business Services. Contractual Context. Current contractual context. Services in support for business and innovation (ENT/CIP/07/0001a)

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Access to finance

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  1. Access to finance Daniel Gassmann Head of Sector, Business Services

  2. Contractual Context

  3. Current contractual context Services in support for business and innovation (ENT/CIP/07/0001a) Network partners will provide specialised advice and assistance about European issues and policies, legislation, standards, sources of funding, business opportunities, the Euro, public sector tender, opportunities and conformity assessment. Publish company partner requests for EU funding with a link to a page on latest European funding opportunities; Network partners will offer business co-operation services for all SMEs in the commercial, financial and production sectors.

  4. Consultation 2013-14 2.3 Content of activities Network partners are encouraged to consult the outcomes of Working Groups and the expertise that is generated through them, in particular of the Working Group “Financing SMEs”.Network partners are invited to include activities to help SMEs' access to finance in their work programme.

  5. Future Scope of COSME enlarged EEN involved in Horizon 2020 SME Instrument

  6. SME instrumentmain features Targeted at all types of innovative SMEs Only SMEs allowed to apply for funding (single company support possible) Competitive Market-oriented, EU dimension Bottom-up while addressing societal challenges and/or key enabling technologies Grant-based staged funding

  7. The Network’s role

  8. The Network’s role Emphasis on transnational dimension Accessory to the principal activities: finance is a means for internationalisation and innovation

  9. Our vision Any Partner at least basic knowledge Understanding of the company’s need Distinction grant / equity / debt Basic mapping General knowledge about equity / debt At least one advanced partner in consortium Connect to regional initiatives Signposting

  10. Cross border dimension Not the origin of the funds (EU, National or Regional) – explain EU dimension But the purpose of the financing request Internationalisation YES Upscaling for global markets YES Innovation for international competitiveness YES Modernisation of production NO Local needs (ie hotels – restaurant – retail…) NO Any Partner at least basic knowledge Understanding of the company’s need Distinction grant / equity / debt Basic mapping General knowledge about equity / debt At least one advanced partner in consortium Connect to regional initiatives Signposting

  11. Thank you for your attention

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