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Enhancing Competitiveness of Microentreprises in Rural Areas
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Unit 3: Sources and resources in support of micro-enterprises II Introduction
 To promote entrepreneurship and to support SMEs and micro-enterprises, the EU provides key support networks, tools and resources: A. SME Internationalisation portal – information on foreign markets B. Access to Finance portal – assistance in finding financial support Both of them are available in the 24 official languages of the European Union A. SME Internationalisation Portal (1/5)
One of the European Commission priorities is to enhance SMEs’ access to new markets outside the Internal Market The SME Internationalisation Portal enables SMEs to: •Access a wide database of support services providers
•Find links and EU sources of specialized support
A. SME Internationalisation Portal (2/5)
The SME Internationalisation Portal gives practical help to European companies to internationalise and expand their market beyond national and EU boundaries Through the Portal SMEs can find service providers: •To support internationalisation
•To get information on funding opportunities within the EU Programmes framework
A. SME Internationalisation Portal (3/5)
The SME Internationalisation Portal offers: •Details of support service providers able to help SMEs penetrating target countries: National Agencies, Local Autorithies, Institutions etc.
•Information on the offered services
•Links to other EU-backed sources of advice
A. SME Internationalisation Portal (4/5)
In order to foster Portal accessibility, it is possible to filter information by: •Country of origin
•Available services in other Countries
•Services provided by European Union Institutions
•Available services in the specified market
Then, it is possible to perfect the research by defining the type of internationalisation, the type of services sought and the language of interest A. SME Internationalisation Portal (5/5)
Service providers can use the Portal to: •Sign up in order to be included in the database
•Find partners in other Countries
https://ec.europa.eu/growth/smes/access-to-markets/internationalisation/support-tools_en B. Access to Finance Portal (1/4)
The European Commission recognises SMEs difficulty in accessing finance and the primary role access to finance plays for SMEs innovation and growth. For this reason, the Commission works to improve the financing environment throughout Europe. The Access to Finance Portal is a practical tool to help SMEs to apply for loans and venture capital. B. Access to Finance Portal (2/4)
SMEs can support their growth and innovation through: •Business loans
•Microfinance
•Guarantees
•Venture capital
Thanks to the Access to Finance Portal it is possible to find financial opportunities in every EU Country B. Access to Finance Portal (3/4)
The Access to Finance Portal provides SMEs across Europe with: •A list of financial intermediaries
•Detailed information and direct contacts of financial intermediaries
•The possibility to find the most suitable funding opportunity according to their own circumstances
B. Access to Finance Portal (4/4)
The Access to Finance Portal is user-friendly since it is possible to filter information by: •Country and Region of financial intermediaries
•Enterprise size
•Type and amount of financing sought
•Field of activity and investment focus
http://europa.eu/youreurope/business/funding-grants/access-to-finance/index_en.htm |
Keywords
European resources, micro enterprises, rural&#
Objectives/goalsThis unit aims to increase understanding of the resources and financing opportunities available to support
micro-enterprises to expand to international markets
Course on Sources and resources in support of micro-enterprises II
