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Tag ‘EU investment’

#InvestEU – The innovation of Europe

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#InvestEU represents some of the incredible initiatives and innovative projects that the European Union (EU) is supporting. To find out about what #InvestEU is and what kinds of projects it covers, read the previous Promoting Enterprise articleBut what about some concrete examples about where this funding is going? What kind of innovation is going on in Europe? Promoting Enterprise has selected a few projects to highlight from across different sectors:

Support for research start-ups, France

Quadrivium 1 is a €56.1 million seed fund launched in 2013 by French venture capital firm Seventure Partners. It supports high-potential start-ups in the life science – including bio, health and clean technology – and digital and robotic technology sectors. The aim of this project is to give startups extra support in the early stages so that their potential innovations are not lost due to financial issues, it also helps these startups gain recognition which is very useful when they are starting out.

Villach vocational school, Austria

Villach vocational school in Carinthia, Austria gives professional support to young people who have finished school but aren’t ready to take the next step. The aim of the school is to give youth aged from 21-24 additional support to develop core skills needed for the labour market. From traditional training in writing and arithmetic, to building of new media skills, the school provides opportunities to pursue a variety of vocational paths. Since early 2011, more than 220 people have completed its comprehensive support programme. The school is backed by the EU and Carinthia’s Social Ministry Service.

Jennewein: a biotech leader, Germany

12 years after founding Jennewein Biotechnologie in Rheinbreitbach, Germany, Managing Director Stefan Jennewein has reached a defining moment. His company is a leader in its field and with help from an EU-backed loan, it is expanding production, allowing it to safeguard jobs. This once small start-up aims to make the production of  monosaccharides and oligosaccharides, in particular sugar molecules, easy and cost effective. This in turn will allow for further research into the health benefits of these sugars and potential product development.

Smart beekeeping systems, Bulgaria

Bees play a huge role in maintaining the balance of nature. Food production, biodiversity and environmental sustainability all depend on them. EU funding has helped Bulgarian company Bee Smart Technologies to develop a remote digital diagnostic and monitoring system for beekeeping. This enables beekeepers to breed more and healthier bees.

Follow the links to find out more about these projects and be sure to visit the Follow the links to find out more about these projects and be sure to visit the #InvestEU page and browse through all the other projects!

SME Week Newsletter 2017: Issue #4

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Welcome to the summer edition of the European SME Week newsletter,

The European deadline for EEPA 2017 has passed and the wait for the shortlist announcement has begun! Be sure to have a look at the Promoting Enterprise News Portal during summer to find out about the national winners that will be competing for places on the 2017 shortlist…

The Youth Essay Competition is open and we are accepting submissions until 8 September 2017. Look here for more information on how to apply and get writing! Not sure how to start? Have a look at last year’s winning essay and the three finalists for some inspiration on the portal.

The Promoting Enterprise News Portal is packed full of other interesting content to read over the summer. Interested in EU investments? Trends in startup culture? Digital innovation? The portal has something for everybody so be sure to go and have a read through the articles! We will continue to bring you information, including the latest on the EEPA 2017 selection and other exciting updates.

We wish you a lovely summer!

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#InvestEU – Find about European funded initiatives

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What does the European Union (EU) invest in? What projects do they support? The EU is here to help support great ideas and give everybody a chance to get ahead and to give innovative European ideas a chance. Through different funding schemes the EU is able to invest in projects across the spectrum, from those that are investigating cleaner sources of energy, to those that aim to provide cutting edge healthcare.

In order to invest in such a diverse range of initiatives, the EU has a comprehensive Investment Plan. The investment plan focuses on removing obstacles to investment, providing visibility and technical assistance to investment projects and making smarter use of new and existing financial resources. To achieve these goals, the plan is active in three areas:

  •         mobilising investments of at least €315 billion in three years;
  •         supporting investment in the real economy;
  •         creating an investment friendly environment.

The Investment Plan provides background and context, but where does this investment go? On the InvestEU website, there are many different project stories to browse through, which highlight some of the innovative European projects that are being funded. In upcoming posts, Promoting Enterprise will be highlighting some of the projects from across the Member States and from different sectors.

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    • Taking the future into their own hands – Youth work and entrepreneurial learning September 22, 2017
      Is youth entrepreneurship really happening? How is the Union aware of what innovations youth are working on, or whether they are being supported adequately? The following report provides insights into youth work and their necessary entrepreneurial learning and development. The EU and its Member States have been promoting entrepreneurial competences among young people as a […]
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    • EEPA Jury – Professor Thomas Cooney returns for 2017 September 21, 2017
      Our next Jury member has sat on the EEPA Jury before and we are delighted to welcome him back. Thomas Cooney is a Professor of Entrepreneurship at the Dublin Institute of Technology (Ireland) and Visiting Professor at the University of Turku (Finland). He is also Academic Director of the Institute for Minority Entrepreneurship, a Board […]
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    • Ecoscooter – The brain child of 24 year old entrepreneur Getrin Reesar September 19, 2017
      Time to meet the last entrepreneur in our ‘Meet an Estonian entrepreneur’ series! Why Estonian entrepreneurs?  This year the SME Assembly 2017, the flagship event for European SME Week,  will be held in Tallinn under the Estonian presidency from 22-24 November 2017. In order to get ready for the event, Promoting Enterprise will be exploring […]
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    • From EEPA 2016 winner to EEPA 2017 Jury member – Daniela Ölmunger September 14, 2017
      Last year she was part of the project awarded the Grand Jury Prize at the European Enterprise Promotion Awards 2016, this year she is part of the EEPA 2017 Jury! Today on Promoting Enterprise we have the pleasure to re-introduce Daniela Ölmunger and find out what she is looking for in a project and her […]
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    • Youth Essay Competition 2017 – What’s next? September 13, 2017
      The Youth Essay Competition 2017 submission period is now closed. Thank you to all the participants for all your hard work! This year the competition is getting even tougher, with submissions from across 23 countries and triple the number of entries from 2016. This year the top three countries were Ukraine, Serbia and the United […]
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    • From leather design to Quality Assesment – Find out about Stella and Kristel September 12, 2017
      We are back with the next two entrepreneurs in our ‘Meet an Estonian entrepreneur’ series! Why Estonian entrepreneurs? This year the SME Assembly 2017, the flagship event for European SME Week,  will be held in Tallinn under the Estonian presidency from 22-24 November 2017. In order to get ready for the event, Promoting Enterprise will […]
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    • Who is on the EEPA 2017 Jury? – Meet Karen and Lisa September 7, 2017
      Who chooses the projects for the EEPA 2017 shortlist? Curious about who makes the decisions? Time to meet the EEPA Jury 2017! Today Promoting Enterprise is introducing the first two members of the EEPA 2017 Jury: Karen Boers and Lisa Steigertahl, who shared with us what they will be looking for in a project and […]
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    • Estonian entrepreneurs: Meet Kenneth and Sander! September 5, 2017
      This week Promoting Enterprise is starting a series of interviews with a group of Estonian entrepreneurs to find out about what they do! From motorised scooters to furniture, these entrepreneurs are diverse, creative and not afraid to think outside of the box. Read on to meet our first two entrepreneurs, Kenneth and Sander and learn […]
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    • SME Week Newsletter 2017: Issue #5 August 31, 2017
      Welcome back from the summer break! We hope that you have all had a lovely summer and are ready for all the exciting content coming your way from the Promoting Enterprise team. First up, the Youth Essay Competition deadline is approaching fast, so get inspired, get writing and be sure to submit before 08 September […]
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    • EEPA National Winners 2017 – Responsible and inclusive entrepreneurship August 24, 2017
      Have we met all of the projects competing for a place on the EEPA 2017 European shortlist? Almost! Today Promoting Enterprise presents the final category of national winners, Category 6: Responsible and inclusive entrepreneurship. This category recognises initiatives that promote corporate social responsibility among small and medium-sized enterprises and entrepreneurship among disadvantaged groups such as […]
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