The 2013 European Enterprise Promotion Awards are open to applications

The 2013 European Enterprise Promotion Awards, that recognise the best public initiatives and public-private partnerships in promoting business development and entrepreneurship, are open to applications. On this occasion, a new category rewarding successful projects contributing to the green economy has been added.

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The European Commission provides support to facilitate market access in China for EU SMEs

The China IPR Helpdesk, the EU SME Centre and the European Enterprise Network are established in China to help by bringing the risks – and rewards – of the Chinese market into focus. In particular, the EU SME Centre is a support service provider for European small and medium-sized enterprises (SMEs) facilitating market access in China, says the European Commission.

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The use of chemicals in Europe has become considerably safer since the REACH regulation entered into force

According to European Commission's report, risks from substances registered under REACH have significantly decreased. Companies have now registered 30,601 files with the European Chemicals Agency (ECHA) describing the uses and properties of 7,884 chemical substances manufactured or placed on the market.

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Commission presented to EU SME envoys its projects on educating the educators about entrepreneurship

European Commission Vice President Antonio Tajani, Commissioner for Industry and Entrepreneurship, presented recent Commission projects on educating the educators at the fourth meeting of EU SME envoys. The Commission underlined that entrepreneurship education needs to be boosted.

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The European Parliament calls for new rules to ease borrowing to SMEs

A resolution approved in plenary session by MEPs calls for new rules to ease borrowing and cash flow. MEPs stressed that small firms need bank loans tailored to their needs, alternative forms of venture capital, clearer rules on cooperation with lenders, and prompter payments from other firms.

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New European Action Plan to boost the cross-border retail

The European Commission presented a European Retail Action Plan to avoid a number of barriers that hinder the smooth functioning of cross-border sourcing, consumer access to cross-border retail services and market entry for retailers. At the same time, the Commission launched a public consultation on unfair trading practices in the business-to-business food and non-food supply chain.

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€200 million from EIB and 200 more from Bankinter to finance SMEs and midcaps

The European Investment Bank (EIB) and Bankinter signed an agreement to finance the investment projects – especially innovation projects – of SME and midcap companies (with up to 3,000 employees) in the industrial and service sectors. The EIB will contribute with €200 million and Bankinter will match this EIB loan with the same amount.

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MEPs voted for more freedom to choose utility services

The Internal Market Committee in the European Parliament voted to allow authorities to accept not just the lowest bid, but the "most economically advantageous tender" with regard to the "utility" services. The Committee highlighted that the new rules on utility service contracts should also aim to make it easier for small and medium-sized enterprises to bid for them and to encourage innovation.

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€250 million from the European Investment Bank will support SMEs projects in Croatia

The European Investment Bank (EIB) announced the lending of €250 million to the Croatian Bank for Reconstruction and Development to finance smaller projects promoted by small and medium-sized enterprises (SMEs), mid-cap companies and municipalities in Croatia.

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