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Hungarian agri-food SMEs to receive support under the Commission’s State aid Temporary Framework

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The European Commission has approved a Hungarian scheme to support the agri-food value chain in the context of the coronavirus outbreak, which is expected to mobilise at least approximately €314 million (approx. HUF 111 billion). The scheme will be open to small and medium-sized enterprises (SMEs) active in all sectors, but is aimed at the wider agri-food value chain. The objective of the measure is to provide those companies with financial means to cover their immediate working capital and investment needs, and help them maintain their activities during these difficult times.

Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This Hungarian guarantee scheme, expected to mobilise at least €314 million, will support the Hungarian agriculture and food industry, as well as the wider agriculture and bio-economy value chain. This measure will improve the liquidity of businesses and help them continue their activities in these difficult times. We continue working closely with Member States to ensure that national support measures can be put in place quickly and effectively, in line with EU rules.

The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. The Temporary Framework enables Member States to combine support measures, with the exception of loans and guarantees for the same loan and exceeding the thresholds foreseen by the Temporary Framework.

The Framework allows Member States to provide the following types of aid:

  • Direct grants, equity injections, selective tax advantages and advance payments
  • State guarantees for loans taken by companies
  • Subsidised public loans to companies 
  • Safeguards for banks that channel State aid to the real economy 
  • Public short-term export credit insurance 
  • Support for coronavirus related research and development (R&D) 
  • Support for the construction and upscaling of testing facilities 
  • Support for the production of products relevant to tackle the coronavirus outbreak 
  • Targeted support in the form of deferral of tax payments and/or suspensions of social security contributions 
  • Targeted support in the form of wage subsidies for employees 

More detailed information on the Temporary Framework can be found here.

The full original press release can be found here in the Commission Press Corner.

EEPA 2019 – Meet the National Winners: Investing in entrepreneurial skills

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The European Enterprise promotion Awards (EEPA) are an opportunity for outstanding projects from across the European Union and COSME countries to be recognised for their work in supporting entrepreneurs and small businesses.

Austria: Corporate development programme (UEP)

Bulgaria: Innovation Academy

Croatia: Education for Success

Cyprus: IDEA Innovation Centre & Incubator – Accelerator for Start-up

Finland: MindBusiness – Promoting Higher Education Students’ Entrepreneurial Mindset and Agency

Hungary: Junior Achievement Foundation Hungary (JAM) – Entrepreneurial Volunteer Program

Italy: FactorYmpresa Turismo

Poland: FABLAB MAŁOPOLSKA

Portugal: Programa INOV CONTACTO – Programa de Estágios Internacionais de Jovens Quadros

Serbia: GIFT – Generate Ideas For Transfer

This year this category received 10 entries from a variety of programmes, including investing in youth entrepreneurship and developing entrepreneurial skills of existing business owners to allow their enterprises to thrive.

Keep coming back to the News Portal each week to discover the national winners in each category for EEPA 2019!

About the EEPA selection process

The competition has two stages. Applicants must first compete at national level to be eligible to compete at European level. For the national competition, each country selects up to two entries to be nominated for the European competition.

A shortlist of nominees will be chosen by a European jury. All nominees from the national and European competitions will be invited to attend the final awards ceremony. The ceremony recognises the winners for their efforts and gives them the opportunity to present themselves in a pan-European environment.

EEPA 2019 – Meet the National Winners: Promoting the entrepreneurial spirit

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The European Enterprise promotion Awards (EEPA) are an opportunity for outstanding projects from across the European Union and COSME countries to be recognised for their work in supporting entrepreneurs and small businesses.

The European Enterprise Promotion Awards 2019 have closed and the jury will deliberate over the outstanding national winners submitted by each National Coordinator. But who is in contention for a spot on the shortlist? Time to meet the contenders in Category 1: Promoting the entrepreneurial spirit!

Belgium: Port Incubator CVBA-SO, a safe port for young experimentation. Haven (Port)

Croatia: R1novatorR1

Denmark: Game Hub Scandinavia

Estonia: Huppelaud (Spring Board) Summer School

France: Start-1ère©

Hungary: Start your own businesses Józsefváros! idea competition

Ireland: Community Entrepreneurship – An Innovative Approach to Create Change Agents for the Community

Lithuania: Moksleivių  socialinio verslumo skatinimas: JuniorSO

Malta: National campaign to promote employment opportunities in the manufacturing sector and ‘MAKE IT’ Campaign

Poland: Pilska Akademia Umiejętności

Serbia: The path of the young entrepreneur

This year this category received 10 entries, with a variety of projects ranging from youth business programmes to supporting specific sectors with employment opportunities and many more.

Good luck to all of the national winners, and keep coming back to the News Portal to discover the national winners in each category for EEPA 2019!

About the EEPA selection process

The competition has two stages. Applicants must first compete at national level to be eligible to compete at European level. For the national competition, each country selects up to two entries to be nominated for the European competition.

A shortlist of nominees will be chosen by a European jury. All nominees from the national and European competitions will be invited to attend the final awards ceremony. The ceremony recognises the winners for their efforts and gives them the opportunity to present themselves in a pan-European environment.

EEPA National Winners 2018 – Supporting the Internationalisation of Business

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EEPA – The European Enterprise Promotion Awards, recognises outstanding projects from across Europe that are working to support entrepreneurs and small businesses across six different categories.

The fourth category of the EEPA “Supporting the Internationalisation of Business” recognises initiatives that encourage enterprises and particularly small and medium-sized businesses to benefit more from the opportunities offered by markets, both inside and outside the EU. This year the category has nine different projects competing to win, so who will make it onto the European shortlist? Find out at the end of September after the EEPA 2018 Jury meeting!

Bulgaria: Supporting the internationalization and digitalization of SMEs in Bulgaria and Europe

Denmark: Lean Landing

Estonia: Development of the Estonian timber sector as the biggest exporter of wooden houses in the European Union

Finland: Kasvu Open – company growth sparring programme

Hungary: Startup Budapest Programme

Malta: Enabling the digital transformation of Maltese SMEs

Slovenia: Innovative business model 2COUNTRY

Spain: Misión Inversa del Vino y la Alimentación

Turkey: Cyberpark Accelerator Program (CAP): An Internationalization Pathway Business

Come back to Promoting Enterprise every week to discover the national winners across the other five EEPA categories: Promoting the entrepreneurial spiritInvesting in Entrepreneurial Skills, Improving the business environmentSupporting the development of green markets and resource efficiency and Responsible and inclusive entrepreneurship.

Want to know who will be judging the 2018 projects? Meet the EEPA 2018 Jury here on the Portal!

EEPA National Winners 2018 – Investing in Entrepreneurial Skills

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EEPA – The European Enterprise Promotion Awards, recognises outstanding projects from across Europe that are working to support entrepreneurs and small businesses across six different categories.

The second category of the EEPA, “Investing in Entrepreneurial Skills” recognises initiatives that improve entrepreneurial and managerial skills. This year the entries come from across eight different countries and will be competing for spots on the final European shortlist determined by the EEPA 2018 Jury in late September.

Austria: i2c STARTacademy

Croatia: BUDI UZOR®/BE THE ROLE MODEL™

Cyprus: Bi-Communal Innovation Camp

Germany: Nachfolge in Deutschland (Succession in Germany)

Hungary: Team Academy Budapest

Ireland: ACORNS – Accelerating the Creation of Rural Nascent Start-ups

Lithuania: VERSLUMO AKADEMIJA

Slovenia: Practical entrepreneurial education in High schools

Sweden: Timbanken

Come back to Promoting Enterprise every week to discover the national winners across the other five EEPA categories: Promoting the entrepreneurial spiritImproving the business environmentSupporting the internationalisation of businessSupporting the development of green markets and resource efficiency and Responsible and inclusive entrepreneurship.

Want to know who will be judging the 2018 projects? Meet the EEPA 2018 Jury here on the Portal!

Ideas from Europe – Wildcard candidates 2018

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Have you voted for your favourite Ideas from Europe wildcard candidate yet? Read on for a re-cap of all the wildcard candidates and be sure to make your voice heard before voting closes to get your candidate to the finals on 24 April in the Hague later this year.

 

Michalis Agapiou, Novelseas (Cyprus)

The Syndeseas Integrated Solution is an innovative tool, managed by a team of Shipping MRV Auditors. The tool is designed to support and facilitate the enhanced implementation of new and existing maritime regulations as well as help reduce emissions and the use of fossil fuels.

Watch the pitch here.

Mark Marinov, eCars.bg (Bulgaria)

eCars.bg makes electric mobility easy to understand, desirable and accessible. They produce and distribute EV charging stations, as well as own the largest online media for electric mobility in Bulgaria. In addition they spread their message through the production of a unique TV series featuring Bulgarian celebrities.

Watch the pitch here.

Martina Cvetković, Balmaris (Croatia) 

Balmaris uses a system to filter ballast water without the use of chemicals. This reduces the damaging effects of invasive alien species introduced via ballast water that are recorded in the seas all over the world and that are having considerable economic, ecological, and environmental impacts.

Watch the pitch here.

Radek Hušek, Sens Foods (Czech Republic)

Sens Foods is looking to use insects to create a whole new range of sustainable, next-gen food products. Using cricket flour, they have developed unique protein and energy bars – gluten and lactose free, with the highest quality protein from crickets and premium natural ingredients.

Watch the pitch here.

Margus Kullerkupp, Sol Navitas (Estonia)

Sol Navitas provides living quarters with natural fresh air with the help of solar energy. As a result global air is less polluted because the technology only uses existing solar energy that does not emit CO2 into the atmosphere.

Watch the pitch here.

Hugo Mercier, Rythm (France)

We spend a third of our lives sleeping, yet most people still know relatively little about sleep and its implications for our bodies. With Dreem, the breakthrough wearable technology that improves deep sleep quality, Rythm not only studies our sleep behaviour but actively enhances our deep sleep.

Watch the pitch here.

Sotiris Bantas, Centaur (Greece)

Centaur are passionate about food safety and enabling abundance. Created by an agronomy expert and software engineer, Centaur brings intelligent technology to history’s oldest industry, by keeping crops healthy and the world happily fed.

Watch the pitch here.

Priszcilla Várnagy, Be-Novative (Hungary)

To be engaged and to be creative, people need unusual triggers to create breakthroughs. Be-Novative invites corporate and individual users to a virtual brainstorming during which participants can find solutions to the world’s big problems or for everyday life situations, using the power of creativity and community.

Watch the pitch here.

Andrea Civra, Panoxyvir (Italy)

We spend nearly five years of our lives coughing and having clogged noses. The Panoxyvir spray is based on molecules produced by our body that have the ability to modify cell membrane composition, which can be used to cure colds and prevent the onset of symptoms.

Watch the pitch here.

Anna Ramata-Stunda, Alternative Plants (Latvia)

Alternative Plants is a biotech start-up that develops plant stem cell cultures for sustainable production of botanical ingredients. Plant stem cell technology is our tool to make inaccessible ingredients from rare medicinal plants accessible to all.

Watch the pitch here.

Violeta Masteikienė, FriendsJam (Lithuania)

Friends Jam is an organisation that connects big families with gardeners or arboretum owners. Together they collect the surplus berries and fruits from the year’s harvest. These are then used to either complement the existing food budget for a large family (allowing them to save for other items), or are made into jams which the families can then sell for extra money.  

Watch the pitch here.

Klaus Conrad, Easy Peasy Coding (Malta)

Easy Peasy Coding uses technology to make children think. Their programs include after-school and joint parent/child classes. The initiative also trains teachers, and provides schools with classroom-ready resources like student workbooks, as well as guidance on how to link coding to core curriculum subjects.

Watch the pitch here.

Artur Racicki, SEEDia (Poland)

SEEDiA creates products that gather solar energy. Their solar benches, stands and other products utilise the energy they gather to charge mobile devices (both with USB ports and wireless chargers), Wi-Fi hotspots, heated seats, radio, LEDs and screens.

Watch the pitch here.

Flavia Oprea, ENTy (Romania)

ENTy aims to empower Ear-Nose-Throat-doctors to issue data-based assessments. The solution consists in a lighter, portable, lower cost device that generates numerical indicators which are easy to interpret.

Watch the pitch here.

Tomáš Brngál, Virtual Medicine (Slovakia)

Every student of medicine has to pass an anatomy exam, which is considered to be one of the toughest. Virtual Medicine has the following mission: simplified and effective learning of anatomy. This was the reason for which they created the first virtual anatomical classroom, in which students are learning about anatomy using virtual reality.

Watch the pitch here.

Jernej Vidmar, AgiliCity (Slovenia)

Urban planning methods are completely obsolete and are practically the same as they were 100 years ago. That’s why AgiliCity is developing an innovative solution that moves urban planning to industry 4.0 standards, making it a lot smarter, more flexible and transparent.

Watch the pitch here.

Alejandro Badolato, Auto Drive Solutions (Spain)

Auto Drive Solutions (ADS) is specialised in the precise guidance and positioning of trains, automobiles and other vehicles. ADS develops innovative and disruptive positioning systems and developed a first prototype that has been successfully tested on the Madrid Metro.

Watch the pitch here.

Jonathan Burr, Howz (United Kingdom)

In the UK, 3 million people juggle paid work with caring responsibilities for the elderly. Howz brings peace of mind, by monitoring the elderly’s use of everyday objects, learning what’s normal and alerting the family when things look out of the ordinary.

Watch the pitch here.

Best of luck to all of the wildcard candidates with all of their innovative solutions and we look forward to finding out who will fill the last spot on stage at the Ideas from Europe finals in The Hague on 24 April 2018…

EEPA National Winners 2017 – Supporting the internationalisation of business

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We have already met the national EEPA winners from Categories 1, 2 and 3…time for Category 4: Supporting the internationalisation of business! This category recognises initiatives that encourage enterprises and particularly small and medium-sized businesses to benefit more from the opportunities offered by markets, both inside and outside the EU. In 2016 the prize was won by Human Security Finland for their project that tackles a key issue high on the global agenda, human suffering.

10 projects will be considered for a European title in this category. Well done to all the national winners and we look forward to finding out who is on the EEPA 2017 shortlist!

Austria: Program Internationalization 2015 – 2020

Croatia: Pun ceker – kupujmo lokalno

Germany: Import Promotion Desk (IPD)

Greece: Greek Breakfast

Hungary: InnoTrade Program

Poland: Biznes Lubelskie

Portugal: MADEIRA VINTNERS

Serbia: Private sector Development Project- PSD

Slovenia: SKIS – Smart Key Information Support

Spain: ICEX Next

UK: Business West International Trade Centre

EEPA National Winners 2017 – Promoting the entrepreneurial spirit

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As the jury decision for the European Enterprise Promotion Awards (EEPA) shortlist draws closer it is time for us to meet all of the outstanding projects from across Europe that are competing on European level! Promoting Enterprise will be presenting all of the national winners that are being considered for the European shortlist as well as the categories that they are competing.

This week is the turn of Category 1: Promoting the entrepreneurial spirit, which recognises initiatives that promote an entrepreneurial mindset, especially among young people and women. In 2016 the prize was won by the entrepreneurship stronghold Lyon Ville de l’Entrepreneuriat from France.

This year there are 18 projects competing in this category and competition is fierce! Good luck to all the projects and we look forward to finding out who is on the EEPA 2017 shortlist!

Croatia: BUDI UZOR®/BE THE ROLE MODEL™

Cyprus: The Future in our hands:  Creating European entrepreneurs

Czech Republic: Jaudelam.cz

Denmark:
Fonden for Entreprenørskab som national, ansvarlig aktør for implementering af entreprenørskab i uddannelserne.

Estonia: Enterprise Village

Finland: Pikkuyrittäjät – Mini company program for primary school

France: Start’Up Lycée

Germany: BIRTH – Business Innovation Responsibility and Technology @Hansenberg

Greece: PATRAS Innovation Quest (Patras IQ)

Hungary: Startup Campus Program

Italy: 3D 4-Uman Technology is not uniquely human

Latvia: Information campaign “Support for entrepreneurs

Lithuania: KTU Startup Space

Romania: Doing innovative business based on advanced research and public communication

Serbia: Caravan of Youth Entrepreneurship

Slovakia: I will do it.sk

Turkey: Supporting Entrepreneurship, Skills and Future of Children and Youth Programme

United Kingdom: Made in North Tyneside

Where are they now? Catching up with past EEPA winners

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2016 marks the 10th anniversary of the European Enterprise Promotion Awards (EEPA). In this new feature, we catch up with former EEPA honourees who’ve gone on to do great things since winning the award.

This week, Agnes Vida from the award-winning Gazdagmami Kft in Hungary reflects on the impact of winning the Grand Jury Prize two years on…

Agnes Vida, Gazdagmami Kft

Name Agnes Vida
Organisation Gazdagmami Kft
Country Hungary
Website www.gazdagmami.hu
Award won Grand Jury Prize
Year 2014

agnes VidaWhat was it like to win the award?

It was a fantastic feeling. When I started this project, not many people believed that a one-person small business in Hungary could achieve the kind of change that my company has achieved.

How did winning the award immediately impact your work?

We received a lots of press coverage in Hungary and in other European countries. The major Hungarian magazines and television shows started to cover our activities, so more and more people are looking to us.

What response did you receive from your colleagues and peers?

We’ve had many congratulations and acknowledgments. But what I’m most proud of is that a lot of our old customers who have started their own businesses with our help also thanked us.

What has been the long-term impact?

The number of participants in our free monthly presentations has doubled and all of our courses are running to full houses. Previously, people were sceptical about starting their own business, but now they’re more open to the topic, and trust us more. We have more connections in Hungary and throughout Europe, and are working on more new projects with other organisations.

Why did you decide to enter the national competition?

I wanted to showcase our project and results at a national level.

How did you go about preparing your application and making it award winning?

I collated all our activities and achievements from the past few years.

What advice would you give to others thinking of entering?

It’s a great experience to participate in such a contest that is measured at both the national and European level. I loved the atmosphere of the event in Naples and the presentations were very helpful. But I also wish to point out that another great aspect of the competition is that the ideas of all entrants are shared in a common database, where they can help the work of organisations in other countries through the sharing of good practice. If you complete the application form and share your ideas and the results of work, you help others to promote enterprise.

To find out more about Gazdagmami, visit the website or see the video.

Ma este Színház! – Theatre Tonight!

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We at Ma este Színház! (in English: Theatre Tonight!) sells last minute theatre tickets online, on the very last day, half price. We operate in Hungary, our users mainly located in Budapest, and we sell more than 150,000 tickets annually.

Since the European Enterprise Promotion Awards, we introduced many new features (Gift Coupons, mobile-based NFC ticketing, improved UX) and grew our sales further. The idea of Ma este Színház! dawned upon me in early 2011, so already four years ago! As an entrepreneur, I have new ideas every day, and I carefully stored them in a notebook for later, as I focused solely on my current project. Since the Awards, I’ve got offers from various online enterprises of buying our company, and currently, I’m working on transitioning the small company I’ve started and operated for so long into a modern business entity which can be operated even after its founder is working on his new idea. The whole merger process is at least as exciting as it was starting it!

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