EU financial instruments for SMEsMarch 7, 2014
Pgm2014 2020: Yes
On 20 March 2014 Directorate-General for Enterprise and Industry will organise in Tallinn a seminar to present EU financial instruments for SMEs that will be available from 2014 to 2020 under the Programme for the Competitiveness of Enterprises and SMEs (COSME), the Horizon 2020 programme and European Structural and Investment (ESI) Funds.
The seminar will be an opportunity to invite SME stakeholders and financial institutions to become partners of the EU programmes.
An effective partnership between EU institutions and market operators committed to providing enhanced access to finance for SMEs is a pre-condition for a successful roll-out of COSME financial instruments.
From 2014 to 2020, COSME will help to bridge the market gap in the provision of SME financing and to provide €3.5 billion of additional funding for SMEs each year.