EU launches top tech start-up competition

date of publication > 29-April-2014 This year’s Tech All Stars competition, organised by the European Commission will be awarding Europe’s best startups.  The award will allow the nominated startup, a company founded  within the last years, to attend the most prestigious startup events in Europe and network with other actors.  Applications are open until May 22, 2014. http://www.eurekanetwork.org/events/-/journal_content/56/10137/4140668

Business Center Bar

BSC Bar is currently implementing the following projects:
  • IDEA Lab- Project financed through Life Long Learning programming funds
  • SIVA – project financed through SEE program
  • Empowered Women – Richer Society- Project financed by American Embassy in Montenegro
  • Entrepreneurship Endeavors – Project financed by American Embassy in Montenegro
www.bscbar.org/

Startup Europe Partnership

SEPEuropean Commissioner for Digital Agenda, Neelie Kroes, recently did present the Startup Europe Partnership (SEP), a project supporting the new start up internationalization. Mind the Bridge (a no profit operating through Italy and S. Francisco) manages the project with NESTA, a british foundation. Prestigious institutions support the project, such as IE Business School, HIIG Berlin, Cambridge University e European Investment Banking Group. The main axes of the initiative are three: Matching, international meetings in the main european towns; Sharing, best practices collected at the international level; Mapping, a database collecting the most “scaling up” companies. SEP has published the first report: more than one thousand European startups have secured an investment of more than 1 Mn $ in the last three years.

COSME, for supporting Sme

COSME

Period of implementation: 2014-2020

Total programme budget: EUR 2.30 billion in current prices

LinkCOSME pdfEC COSME website

The programme for the Competitiveness of enterprises and SMEs (COSME)’s aim is to strengthen the competitiveness and sustainability of the Union’s enterprises, including in the tourism sector, encourage an entrepreneurial culture, and promote the creation and growth of SMEs.

Objectives

  • Improve the framework conditions to make for the competitiveness and sustainability of Union enterprises including in the tourism sector
  • Encouraging an entrepreneurial culture and promoting the creation and growth of SMEs.
  • Improving access to finance for SMEs in the form of equity and debt
  • Improving access to markets inside the Union and globally

Supported activities

  • Specific objective No 1: Actions to improve the framework conditions for the competitiveness and sustainability of Union enterprises (384.4 million EUR)
  • Specific objective No 2: Actions to promote entrepreneurship (86.8 million EUR)
  • Specific objective No 3: Actions to improve access to finance for SMEs (1.4 billion EUR)
  • Specific objective No 4: Actions to improve access to markets (535, 6 million EUR)

SME Instrument

SME INSTRUMENT

Period of implementation: 2014-2020 Total Programme Budget: 2.8 billion € Link: http://ec.europa.eu/digital-agenda/en/sme-instrument-0

Horizon 2020 is supporting Innovative Small and Medium-sized Enterprises (SMEs) through a new dedicated SME instrument. SMEs can form collaborations according to their needs, including for subcontracting research and development work to apply for funding and support. In total, more than € 2.8 billion will be allocated for the SME instrument from 2014 to 2020, at least 7% of the total budget of the Societal Challenges and Leading and Enabling Technologies (LEIT) blocks of Horizon2020.

Objectives

The aim of the SME Instrument is to fill the gaps in funding for early-stage, Research and Innovation SMEs and accelerating the exploitation of innovations. Projects will be selected through a bottom-up approach within a given societal challenge or enabling technology of  H2020. They must be of clear interest and benefit to SMEs and have a clear European dimension.