The original article can be found on the EASME website.
Digitalisation is amongst the various challenges that European small and medium-sized enterprises (SMEs) must face in today’s climate. SMEs need to keep pace with current digital transformation and digitalisation in order to provide digital solutions and thus, keep up and keep their place in their respective markets.
One aspect of digitalisation for all companies big and small, is the skills that are needed to implement the new digital solutions, and how to acquire them. In order to respond to this need, the COSME “Skills for SMEs” project, which aims to research and support how SMEs can obtain the key skills needed in the fields of big data, internet of things (IoT) and cybersecurity, is helping SMEs to acquire those skills and not fall behind.
Digital transformation is important for SMEs as it can present unique opportunities. However in order to fully exploit those opportunities, SMEs must invest in training themselves and developing their digital skills in order to overcome existing skills gaps and mismatches.
The “Skills for SMEs” project worked with key experts and other stakeholders to collect information and identify ways to facilitate digital skills development for SMEs. One of the conclusions was that “ambitious skills policies and well-targeted supporting measures at EU and national level are of utmost importance to facilitate the access of SMEs to a larger European talent pool”.
To find out more about this project consult the brochure and for more detailed information have a look at the final report.
The original article can be found on the EASME website.
The European Cluster Collaboration Platform (ECCP), a COSME project, has just launched the Covid-19 Industrial Clusters Response Portal to respond to and address challenges during the time of COVID-19.
What is available via the new portal?
This new ECCP portal will allow the existing industrial cluster community to come together and exchange quickly and directly. Via the portal, ECCP members will be able to share solutions, connect with others and support each other in response to COVID-19 challenges.
What are the objectives of this new portal?
This new ECCP portal provides a single point of access to information for industry on actions and decisions taken by the European Commission and the EU Member States impacting on the Internal Market. The portal also aims to facilitate an open discussion forum where actors can share their experiences, solutions, requests and questions.
What has been done so far?
- A recent call to increase production of medical supplies resulted in 1 100 offers from companies across Europe.
- Public authority demands have been included on the portal including:
- The public administration of Madrid needs medical material, the Madrid Automotive Cluster responded and is assisting the administration to match-up the offers and demands of the urgently needed medical material.
How can you get involved?
You can join the community right here, and ask for help, advice or browse posted solutions on the reaction webpage. You can also join in order to offer expertise, services or advice to those in need. Join the ECCP community today!
To create an account and/or register for the updates newsletter look here.
Browse through the COVID-19 related content on the News Portal here and leave us a comment or get in touch if there are other topics you would like us to cover.
The original article can be found on the EASME website.
The European Union and its citizens are constantly facing new challenges, digitalisation, the environment and equality to name a few. New challenges require new ways of thinking and different perspectives, things that the European Union wants to encourage amongst its citizens. But how can these different perspectives and new ways of thinking be encouraged?
The European Commission has developed “EntreComp”, the European Entrepreneurship Competence Framework. It aims to shape an entrepreneurial mindset by identifying its components and creating conversations across different sectors.
The EntreComp Framework includes 15 skills that encompass what is needed to be entrepreneurial. These skills are also further described and mapped, from the most simple to most advanced applications.
New actions funded under the framework
EntreComp Food aims to build a European Collaborative Communities of practice (CoCos) to stimulate innovation and entrepreneurship among students and young entrepreneurs in the agrifood sector.
EntreComp Europe will focus on increasing the quality and uptake of entrepreneurship as a key competence across Europe, in particular on youth work and formal education.
The projects have received €1 million in funding and will implement their activities over the next three years. Belgium, Slovenia, France, Spain, Italy, Moldova and Turkey are taking part.
Do you want to know more about COSME actions? Then check out the COSME data hub and get insightful information, figures, participant countries, budget and much more!
On 15 July 2019 it was World Youth Skills Day! Let’s mark the day by taking a look at how the EU’s Programme for the Competitiveness of SMEs (COSME) is helping young people improve their skills and become more competitive on the job market.
Skills in space
Reach the stars with Copernicus and explore opportunities in the space sector! In 2019 and 2020, the EU’s Earth Observation Programme is organising the ‘Eyes on Earth’ Roadshow across five countries. The events are open to all people interested in a career in the space sector, or who simply want to learn about how space data affects their everyday lives!
Skills in entrepreneurship
Are you working in woman entrepreneurship? Join peer-learning activities in women entrepreneurship. Through a series of workshops, this initiative identifies regional and national strategies that support female businesses. In particular, they explore entrepreneurship education and opportunities for lifelong entrepreneurial education.
Skills in tourism entrepreneurship
Dive into a VOYAGE experience and discover entrepreneurial travel. This unique travelling experience is also opportunity for young entrepreneurs to develop their business ideas in a relaxed and stimulating environment. For high school and university students, there is the EUMillennialsTOUR. This initiative offers an immersive learning experience through targeted school trips and a mobile application.
Skills in tourism
Are you looking for a career in tourism off the beaten track? Discover the stories of the real people in these careers in theJobs in Tourismtestimonials. You will open your horizons to the sea of employment opportunities offered by this bustling sector!
Skills in digital & high-tech
How does the EU support the development of skills in the high-tech and digital industries? The report Skills for smart industrial specialisation and digital transformation offers an overview of the policies offered at national level across the EU. The final Skills for Industry project conference, held in June, highlighted two major needs in the European skills sector:
- education programmes that support and foster lifelong skills development
- more learning opportunities at national and regional level
Skills in fashion
For the young creatives, the Skills in Textiles, Clothing, Leather and Footwear (TCLF) project explores opportunities within these four sectors. Stay tuned as this COSME initiative is about to publish a report on the current state of play of careers in this sector and put the spotlight on some little known career opportunities.
For more information
- Discover the COSME Data Hub (tip: apply the filter for the industry of interest)
- Follow the hashtag #COSME_EU on social media and stay up to date with the latest learning opportunities!
Read the full article on the EASME website.
‘Secrets of Success’, the biennial brochure that celebrates entrepreneurial successes across Europe and COSME countries, is back with another cohort of innovative entrepreneurs.
The latest edition investigates the journeys that entrepreneurs from across Europe have taken, discovering their motivation, and recording their struggles along the way. In ‘Secrets of Success’ we showcase small and medium-sized enterprises in the European Members States and countries in COSME, Europe’s programme for small and medium-sized enterprises. The entrepreneurs come from wide-ranging sectors, and bring a great variety of experiences to this year’s edition. Despite their differences, they all share the following two values: ‘Learning from Failure’ and ‘Building your Best Team’. Through both struggles and successes, these entrepreneurs are examples of persistence, and highlight the benefits of connecting, sharing and innovating.
Read this year’s edition to learn from these entrepreneurs and allow their stories to inspire you on your own entrepreneurial journey.
Another year and another successful edition of the SME Week Youth Essay Competition. A big thank you goes out to all of this year’s participants for submitting your answers to “What steps should entrepreneurs and government take to become more innovative?”
This year we received submissions from 32 different countries, with the top three countries being Italy, Romania and Ukraine. We also received entries from other countries including Russia, Egypt, the Republic of Congo, Tanzania, Ghana, Algeria and Liberia. Unfortunately we can only accept submissions from citizens of COSME countries, but thank you for sending us your ideas!
So what happens now?
Now that the deadline has passed, the 2018 Essay Competition jury will deliberate and read through the entries to determine the top three submissions. These top three finalists will be announced right here on Promoting Enterprise and across all our social media, so stay tuned to all of our channels to find out who will be joining us in Graz for a live final at the SME Assembly 2018.
What could you win?
Each finalist will win an all-expenses paid trip to the SME Assembly 2018 in Graz, Austria, be given special presentation training before the event and finally have their essay and ideas promoted right here on Promoting Enterprise and across all our social media.
Follow our social media so you don’t miss any news about the competition:
Previous editions of the competition:
2016: “What can the EU do to encourage more young people to become entrepreneurs?”
2017: “What skills do tomorrow’s entrepreneurs need?”
CUBESPACE, an SME from the Czech Republic, has been building schools, family houses, sport halls and hotels using the modular building system. In 2017, the company decided to expand and produce rental fleet containers. As CUBESPACE Managing Director Martin Kokta makes clear: “We wanted to start cooperating with foreign investors who want to rent property in the EU. CUBESPACE builds and remains the owner of these buildings (usually offices), and rents them to investors.”
To invest in more properties and attract more investors, CUBESPACE needed a loan.
Equa Bank offers a range of retail and corporate banking services. The bank agreed to lend CUBESPACE Kč35 million (ca. €1.4 million), 50% of which was guaranteed by COSME, the EU programme established to help small and medium-sized enterprises (SMEs).
Thanks to this, CUBESPACE increased its production by half, doubled its number of employees, started 2-shift production and gained access to a wider client pool.
The loan was possible based on a 2016 agreement signed between Equa Bank and the European Investment Fund (EIF). This agreement will allow Equa bank to provide Kč1.8 billion (ca. €66.5 million) in loans to Czech SMEs over 2 years.
Take it from Cubespace, the agreement brings results. As Equa Bank’s Head of Business Banking Department Vojtěch Záškodný explains: “We have provided loans to about 75 SMEs, backed by the COSME Loan Guarantee Facility so far. Many of the clients would not have reached the requirements had it not been for the guarantees provided by the EIF.”
Businesses can contact selected financial institutions in their country to access EU financing: access to finance website.
Read the original article on the COSME website.
The European SME Week Newsletter, a one stop shop for entrepreneurial news, SME updates and the latest on the European Enterprise Promotion Awards (EEPA) and the SME Assembly.
This monthly publication is a chance for you to get an insight into Promoting Enterprise activities, particularly in relation to EEPA and the SME Assembly. Former EEPA winners and key figures from past Assemblies have been featured in previous newsletters and provide exclusive content, calls to action and updates for the publication.
The publication also features other updates from European SME Week across European and COSME countries, as well as new developments in SME policy and schemes.
Interested in the above? Or maybe you have something to contribute? Get in touch with us and don’t delay…subscribe today!
The Enterprise Europe Network is a support network that helps small and medium-sized business (SMEs) grow and innovate internationally. Active in over 60 countries worldwide, the network draws on the skills and services of 3 000 experts from over 600 member organisations to offer business support to SMEs.
Members of the network are varied and include: technology poles, innovation support organisations, universities and research institutes, regional development organisations and chambers of commerce and industry.
Today Promoting Enterprise will be showcasing one specific aspect of the Enterprise Europe Network, their extensive collection of SME Success Stories, which are all available on their website. These Success Stories come from across European Union Member States and COSME countries, and highlight the diversity of innovative businesses in need of financial and business support.
Have look through the Success Stories catalogue and look out for the individual companies across our social media!
Calling all 18-25 year olds, the European Commission wants to hear your voice!
The Youth Essay competition, organised by the European Commission Directorate General for Single Market, Industry, Entrepreneurship and SMEs, is launching for the third time and is looking for answers to the following question:
“What steps should entrepreneurs and government take to become more innovative?”
By taking part in the Youth Essay Competition you have a chance to share your thoughts and opinions with key policymakers and entrepreneurs on a European platform. Sound interesting? In order to win the prize of an all-expenses paid trip to the 2018 SME Assembly in Graz, submit an essay of no more than 2 500 words in English before 23 September 2018.
Don’t know what to write? Not sure where to start? Have a look at previous winning entries:
- 2016: Andri Pandoura, “What can the EU do to encourage more young people to become entrepreneurs?”
- 2017: Oksana Vedmidska, “What skills do tomorrow’s entrepreneurs need?”
You can also have a look at the entries from the finalists:
- 2016: Katie Williams, Francesco Foglia and Frici Barabas
- 2017: Pavle Kostić and Evlampia Karavangeli
To get started, read through the rules below, get writing and SUBMIT!
If you have any questions please contact email@example.com.
- The competition is open to all 18 to 25 year olds from European Member States or COSME partners countries (see the list)
- Essays should not exceed 2 500 words in length
- All essays must be in English
- Only one entry per applicant
- The deadline for submissions is 23 September 2018
- The three finalists will be announced in October ahead of SME Week and will compete at a grand finale in Graz as part of the SME Assembly, where they will present their essays
- The final winner will be chosen via a public vote
- An all-expenses paid trip to the SME Assembly in Graz, Austria for the three finalists, to present their essays to 500+ Assembly delegates
- Presentation training before delivering essay live on stage at the SME Assembly 2018
- Promotion of essays across SME Week social media channels
See Youth Essay Competition 2018 Terms and Conditions.
SME Week Youth Essay Competition 2018 partners: