SMEs are often said to be the backbone of Europe’s economy, but what measures have been put in place to help them?
This special episode of Business Planet from Euronews, in collobration with the European Commission, looks at the support that is being mobilised to support Europe’s 25 million SMEs. In an interview with Serge Rombi from Euronews President of SME UNITED Alban Maggiar, spoke of the “exceptional measures” being put in place and the need to keep the Single Market at the heart of all action taken and honour its borderless principles.
He mentioned the increased flexibility for Member States to grant loans to struggling SMEs and tools to help governments support companies and guarantee jobs. In addition he stressed the need for large companies to pay suppliers and sub-contractors, to avoid SMEs having to pay the price for unpaid bills.
Mr Maggiar called for entrepreneurs to hold on and stick together, as well as calling on big decision makers to honour commitments to smaller ones.
For more information read the original Euronews article.
Promoting Enterprise is back with yet another EEPA 2017 winner testimonial for you to be inspired by. Today is the turn of Reempresa, winner of the ‘Improving the business environment’ category with their project for ‘re-entrepreneurs’, represented by director Albert Colomer.
How did you first hear about the national competition?
We have participated in the SME Assembly conference for many years and have always been interested in the EEPA awards ceremony because it is a very important event where interesting initiatives for all Europeans are showcased.
Why did you decide to enter the national competition?
Reempresa was started in 2011 and throughout the years we have worked to implement the market for business transfers in Catalonia. Now that we have finished the development phase with great results, we thought that presenting our candidature to the EEPA awards was an opportunity to share our results with all the participating countries and to raise awareness about the importance of facilitating business transfers to support SMEs and to prevent the loss of jobs.
How did you prepare your application?
Reempresa works with a wide network of collaborators. We involved them and asked them to gather all their results and stories to explain them to the rest of Europe. Once we won the Spanish award, we launched a special website and social media campaign to share the award with all our partners, the team and, of course, with all our users who were able to sell and buy their businesses thanks to Reempresa.
What was it like to win the award?
It got my heart racing! We arrived in Tallinn without knowing at all what would happen and for us it was a big surprise. It is an honour to receive this award and we want to share it with everybody who made it possible!
How did winning the award impact your work?
For Reempresa, this award marks a before and after in the organisation! To appear on the EEPA blog and social networks, and the coverage given to us by EuroNews has been very important because it has allowed us to reach all of Europe and has allowed many people and organisations to get to know us. It has definitely helped us to be very motivated and keep working hard in the future!
Why should others enter EEPA 2018? What advice would you give them?
I would recommend working on the tangible results of your projects. Showing that the submitted project has a positive impact on their territory and that it can help other European countries and citizens!
What are your plans for the future?
We are currently having talks with many countries to implement this initiative that has worked so well in Catalonia. Together, we hope to build a European business transfer market with the aim of helping European SMEs.
Keep coming back to Promoting Enterprise for more EEPA 2017 testimonials and don’t forget to check all the social media channels (Twitter: @EEPA_EU and Facebook: @PromotingEnterprise) for the latest EEPA updates.
All the way from the sunny Portuguese island of Madeira, Promoting Enterprise is bringing you a story from a former European Enterprise Promotion Awards (EEPA) nominee…Madeira Vintners!
Over the last five years, the all-female team at MADEIRA VINTNERS have been working to establish their Madeira wine brand, the first Madeira wine firm to be founded in over 80 years . The team is not only nationally innovative, but unusual across the sector. The first harvest in 2012 helped with Madeiran grape distribution, producing added value for Madeiran grape producers and vineyards. As an isolated EU territory, the success of this venture, which saw more than 100% increase in sales in 2016-2017, is important for the island’s agribusiness sector, which is a key source of revenue after tourism.
Since competing in the 2017 edition of EEPA, the project has gone on to be interviewed by Euronews about their work in the wine production sector. Watch their interview below and visit their website for more information on this innovative project!
15 years of supporting entrepreneurship, the European Enterprise Promotion Award (EEPA) for ‘Promoting the entrepreneurial spirit’, local press coverage and an appearance on Euronews, are just some of the things that the Lyon Ville de l’Entrepreneuriat project has on their list of successes. The winner of the EEPA 2016 Category 1 award has no plans to slow down and today shares with us their EEPA journey, what to expect from them in the future and their advice for being a European level award winning entry.
How did you first hear about the national competition and why did you decide to enter?
We first heard about the competition through word of mouth and through the website. We have been involved in supporting entrepreneurship for 15 years and through several European programmes we have had the opportunity to share our experiences and enrich our own knowledge with that of our European counterparts. It just seemed like a natural progression for us to present ourselves as candidates for the EEPA prize.
We also saw EEPA as an opportunity to firstly, reward the 50 organisations that engage with and are united by the Lyon Ville de l’Entrepreneuriat network (including 200 experts in entrepreneurship), and secondly, to go further with our sharing of experience with our European counterparts and perhaps even implement some actions together. Once we decided to enter we created a specific internal project team that was in charge of preparing the application.
What was it like to win the award?
We were obviously very happy to receive the prize and really considered it as an acknowledgement of 15 years of engagement and the culmination of a journey. The awarding of this prize came at a moment when we were carrying out a big overhaul of our project model in order to improve on what we have done until now. Winning this prize galvanised us and offered us great opportunities to undertake some meaningful collaborations with our European counterparts and really go beyond just sharing experience with one another.
How did winning the award immediately impact your work and what kind of response did you receive?
It was both internal and external acknowledgement. EEPA allowed us to increase our visibility, in addition to articles in the local press, our initiative was the subject of a Euronews report which was broadcasted in several languages across different countries. It was recognition of both the motivation and engagement of our numerous partners. This prize also gave us the opportunity to begin exchanges with other national and European winners during our time in Bratislava.
Why should others enter EEPA 2017? What advice would you give them?
It is important to spread the spirit of entrepreneurship beyond our borders, and to share our experiences so that our entrepreneurs can grow. One piece of advice: apply and share as much as possible!
Participating in a competition is a real opportunity to meet and share with initiatives and people, learning from their experiences is very enriching. Of course, if winning the prize is at the end of your competition journey; then it just makes it even better.
What are your plans for the future?
Before winning the EEPA prize, we were working on an ambitious project focused on supporting entrepreneurs, specifically for the development of an innovative numeric platform. We plan to include and work with other European initiatives, with the support of the European Union. At the SME Assembly, Commissioner Elzbieta Bienkowska mentioned that she wanted to see the emergence of a European ecosystem, and we believe that our project fits in completely with that vision.
Digital technologies are the single most important driver of innovation and growth today. They re-shape entire industries and open doors for a new generation of entrepreneurs and innovators. The Secret of Success 2014-15 brochure features 35 of Europe’s finest digital icons.
This very interesting video from Euronews about digital entrepreneurs in France is worth a look. It features Secret of Success entrepreneur, Benjamin Suchar who created Yoopies, (Europe’s leading social platform for child-minding services) after seeing his how two sisters had limited choices for their childcare.
Europe’s digital economy has huge potential -as the success of French start-ups like Yoopies illustrates. It helps users to find a babysitter based on 50 criteria including, location, profile, and rating. Launched in 2012, Yoopies went from 3 to 15 people, from 10 babysitters to 400,000. The platform is now available in 7 languages in 9 countries. It now has a 300% year-on-year turnover increase and is moving into other services including shopping delivery and housekeeping.
‘42’ is another example of the digital’s sector’s potential. Created by top French digital entrepreneur Xavier Niel, ‘42’ is a unique school which trains 900 young people in digital skills each year, free of charge and regardless of qualifications.
Gilles Babinet is one of the EU’s Digital Champions, whose mission is to promote the benefits of an inclusive digital society.