FINANCIAL INSTRUMENTS FOR SMEs
There are also other EU programmes with measures specially designed for SMEs: Seventh Framework Programme for research and technological development, Jeremie programme and Eurostars project (more)
EU FINANCE DAY FOR SMEs
SERIES OF ONE-DAY EVENTS IN 2008-2009
For these events, the European Commission will also invite speakers from:
- European Investment Fund (EIF),
- Enterprise Europe Network,
- European Private Equity and Venture Capital Association (EVCA),
- European Business Angels Network (EBAN),
- European Association of Mutual Guarantee Societies (AECM),
- national and regional financial intermediaries,
- organisations representing SMEs.
One-day events will be organised in all Member State capitals in 2008-2009. A list of dates will be provided regularly on this site.
The launching event will take place in Ljubljana on Friday, 28 March 2008 under the auspices of the Slovenian Presidency – programme and more information in English and Slovenian.
Invitations to the events will be sent to organisations representing SMEs, financial institutions and financial advisors, policy makers in national governments or regional authorities, chambers of commerce, local venture capital and business angels associations, business organisations, entrepreneurs, incubators, spin-offs, organisations and networks promoting innovation and other similar organisations.
During their start-up phase, SMEs often face a number of problems directly linked to the lack of resources: lack of human resources, lack of experience, lack of expertise in certain fields, lack of contacts, and of course, lack of financial capacity. Business defaults can have many causes but there is a societal interest in reducing hindrances for start-ups and small enterprises with growth potential. One of the most important issues is to improve the access to suitable finance.
The Commission has developed a number of actions aimed at addressing these problems, and more details can be found on European Portal for SMEs (available in all EU languages).