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EU SME policy The “Small Business Act” for Europe and its Review

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Presentation on theme: "EU SME policy The “Small Business Act” for Europe and its Review"— Presentation transcript:

1 EU SME policy The “Small Business Act” for Europe and its Review
Maria Pia Vigliarolo – DG Enterprise and Industry – Small Business Act, SME Policies

2 What is an SME ?

3 SMEs - EU’s growth engine
67.4% of private jobs

4 SMEs - EU’s growth engine
58% of total business turnover

5 Difficulties faced by SMEs
Business and regulatory environment Access to finance Availability of skills Access to markets Access to research and innovation Networking among companies

6 EU’s SME Policy SME Policy Internal Market Trade policy Regional
Competition policy SME Policy Social Policy R&D Education Policy Consumer & health protection policies Fiscal policy Environmental Policy

7 Working tools Cooperation and partnership with the Member States (exchange of good practices) Regular dialogue and consultation with SMEs and SME business organisations (SME Envoy) Cooperation with Commission to implement the “Think Small First” principle

8 Working tools Policy development: Small Business Act for Europe (SBA) and SBA Review EU Support Programmes, including Competitiveness and Innovation Programme (CIP) SME dimension in other programmes (FP7, structural funds)

9 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 About 90 policy initiatives and 5 legislative acts (national and European level)

10 The 10 SBA principles 1. Support entrepreneurship
2. Give a 2nd chance (failure) 3. “Think Small First” (reduce burdens) 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 10. Access to external markets

11 Why a Review of the SBA? Good progress since the adoption of the SBA but: Need to continue improving SME business environment and to focus on new challenges (crisis) Need for stronger governance to ensure the implementation of the SBA at European and national level

12 The SBA Review (2011) Three priority areas: Entrepreneurship
smart regulation access to finance access to markets Entrepreneurship Enhanced governance 48 new actions

13 Enhanced governance: the network of the SME Envoys
European level: the EU SME Envoy listens to SMEs and their representatives and act as internal “watchdog” for EU policy making. National level: Member States have appointed their national SME Envoys (regional Envoys can be nominated)

14 Enhanced governance: give SMEs a greater role
SMEs will have their say with the SME Assembly: representatives of small businesses from all over the 27 Member States will gather yearly European SMEs representatives are part of the Network of the SME Envoys

15 What do we propose in the Review?
Smart regulation Better start-up conditions Goal: start a business in 3 days for €100

16 What do we propose in the Review?
Smart regulation Simplification of administrative rules SME Test for all proposals for new legislation (minimise burden for micro-companies) Only once principle – no need to resubmit documents that are already with administration

17 What do we propose in the Review?
Better and easier access to capital SME access to capital – guarantees and venture capital Simplify rules for greater access of SMEs to EU funds Greater and easier access for SMEs to internet data on financing opportunities and in their own language

18 What do we propose in the Review?
Better and easier access to markets Facing unfair commercial practice Improve access to public procurement for SMEs: Code of good practices A new strategy for EU SMEs going international

19 What do we propose in the Review?
Promoting entrepreneurship Mentoring schemes for women entrepreneurs Promote second chance Best practices in business transfer

20 COSME Programme for the Competitiveness of Enterprises and SMEs
Strengthening the competitiveness and sustainability of European enterprises Encouraging entrepreneurship and promoting SMEs Main target audience: SMEs, Entrepreneurs, Business Support Organisations, regional and national Administrations Foreseen budget: € 2.5 billion from 2014 to 2020

21 Specific actions to improve access to finance
Equity Facility for Growth Loan Guarantee Facility

22 Specific actions to improve access to markets
Enterprise Europe Network 600 business support organisations in 50 countries information and qualified services for SMEs at their doorstep, including information on access to EU funding programmes help in finding international business partners making full use of EU-wide business support, technology transfer services engaging European SMEs in shaping EU legislation Also: EU-Japan Centre for Industrial Cooperation Business environment benchmarking with third countries (Western Balkans, Euromed, Eastern Partnership)

23 Supporting SME activities outside the EU
90 % of world growth outside Europe by 2012 (OECD) Only 13 % of EU SMEs now active outside EU European added value consists in: Providing better overview, more coherence, visibility / transparency : we are already starting a « mapping » exercise and the creation of a dedicated portal Promoting clusters and networks for SME internationalisation Complementarity: avoiding duplication with measures already taken by MS

24 Specific actions to improve framework conditions
Horizontal approach: affecting all sectors, including manufacturing and services Implementation of the “Think Small First Principle” and the “Small Business Act” Adjustment to a low-carbon, climate-resilient, energy and resource efficient economy Promoting smart use of new technologies and the integration of SME in global industrial value chains

25 Specific actions to promote entrepreneurship
European Enterprise Promotion Awards Erasmus for entrepreneurs Female entrepreneurship (ambassadors and mentoring schemes) European SME week Transfer of enterprises Specific target groups: young, old and female entrepreneurs Women only account for 34.4% of the self-employed in Europe

26 Next steps Ongoing: Parliament and Council negotiations on the basis of the Commission proposal Ongoing: Parliament and Council negotiations on EU budget (including overall budget for COSME) Mid 2013: Adoption of legislative acts by Parliament and Council on COSME 1/1/2014: start of COSME

27 Where to find information
SBA and SBA Review European Small Business Portal SME Performance Review

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