MICRO Enhancing Competitiveness of Microentreprises in Rural Areas

Unit 3: Sources and resources in support of micro-enterprises II


EUWT_U3_EN  

 Title
Unit 3: Sources and resources in support of micro-enterprises II

 Keywords
European resources, micro enterprises, rural&#

 Author
IHF

 Languages
English

 Objectives/goals
This unit aims to increase understanding of the resources and financing opportunities available to support micro-enterprises to expand to international markets


 Description
Course on Sources and resources in support of micro-enterprises II

 Contents


 EU wide tools and resources for rural micro-enterprise development

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



 Results

At the end of this module you will be able to: - Identify and take advantage of financing opportunities that could support further expansion of micro-enterprises - Navigate and use the various tools offered by the EU in support of micro-enterprises

 Bibliography


 Related material:
EUWT_U3_EN_moduleno10unit3sourcesandresourcesii.pdf
 Training Fiche PPT:
EUWT_U3_EN_moduleno10unit3sourcesandresourcesii.pptx