Competitiveness of Enterprises and small and medium-sized enterprises 2020 2014-2020 COSME Open!

Objectives

The COSME programme shall contribute to the following general objectives, paying particular attention to the specific needs of SMEs established in the Union and of SMEs established in third countries participating in the COSME programme:
  • Strengthening the competitiveness and sustainability of the Union's enterprises, particularly SMEs.
  • Encouraging entrepreneurial culture and promoting the creation and growth of SMEs.
 
The achievement of the objectives shall be measured by the following indicators:
  • Performance of SMEs as regards sustainability.
  • Changes in unnecessary administrative and regulatory burdens on both new and existing SMEs.
  • Changes in the proportion of SMEs exporting within or outside the Union.
  • Changes in SME growth.
  • Changes in the proportion of Union citizens who wish to be self-employed.

Actions

  1. To improve access to finance for SMEs in the form of equity and debt.
  2. To improve access to markets, particularly inside the Union but also at global level.
  3. To improve framework conditions for the competitiveness and sustainability of Union enterprises, particularly SMEs, including in the tourism sector.
  4. To promote entrepreneurship and entrepreneurial culture.

European community funding

The Community provisional funding available for the programme is:

  • 2.298,24 Million EUR (Global Budget)