Tag ‘sme 2022’
This evening, we celebrated the 10th edition of the European Small and Mid-Cap Awards, organised by the Federation of European Securities Exchanges (FESE), EuropeanIssuers and the European Commission’s Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs during the SME Assembly in Prague (Czechia).
The Awards highlight excellent SMEs from across the EU that have accessed capital markets via an Initial Public Offering (IPO) in the preceding two calendar years. They display the diversity of European markets and aim to promote stock listings on EU public markets, in particular targeting SMEs and growth companies.
Nominated companies are assessed by an independent, expert jury via four categories:
- the Star of 2022, awarded to an outstanding corporate citizen that stands out in a broad range of areas (e.g. ESG, financial and economic performances, reputation) as an exceptional leader in its class
- the Star of Innovation, awarded to a newly listed small or mid-cap company that places innovation (i.e. in corporate strategy and/or marketing strategy and/or the use of new technology) at the centre of its strategy for business development
- the International Star, awarded to a newly listed small and mid-cap company that boasts impressive results in terms of international sales, profit and market share growth
- the Rising Star, awarded to an SME with a market capitalisation up to €200m that displays remarkable growth potential
The Jury also assigns a Special Mention, to recognise an initiative, an individual or a company that has had a significant impact on small and mid-cap issuers accessing capital markets.
And the winners are…
Star of 2022
GreenVolt (listed on Euronext Lisbon) is a leading Portuguese renewables company operating across three segments: (1) Biomass; (2) Utility scale wind & solar projects; (3) Distributed generation. In Portugal, GreenVolt operates 5 electricity biomass plants (98 MW installed capacity) using exclusively forestry residues and, in the UK, holds a waste wood plant (42 MW installed capacity). GreenVolt is also a major EU developer of utility scale wind & solar projects.
Star of Innovation
SECO (listed on Borsa Italiana ) is a centre of excellence in the field of innovation and technological integration. It develops and manufactures cutting-edge technological solutions, from miniaturized computers to fully customized integrated hardware-software systems. SECO also offers Clea, a proprietary end-to-end IoT (Internet of Things) AI analytics software suite that allows customers to gather real-time data from their on-field devices.
NACON (listed on Euronext Paris) was founded in October 2019, following the consolidation of all components of Bigben Gaming Division into a new entity. The company specialises in the development and publishing of so-called AA video game software (games with sales of between 0.2 and 3 million copies) in both physical and digital format across the action/adventure, racing, sports, and simulation genres.
EiDF (listed on BME, SIX Group) was founded in 2008 and is based in Galicia. The Spanish company specialised in photovoltaic (PV) solar energy installations. Its main activity is energy self-consumption aimed at small and large companies in order to offer them an efficient and profitable saving alternative with which to reduce energy costs and improve their competitiveness.
Rosinger Group (nominated by Wiener Börse) is an internationally successful financial group, which is operating as both professional investor and independent specialised advisory service, it facilitates access for SMEs to capital, know-how and a network of contacts, focusing on IPOs, listings, financial engineering, corporate finance and strategy.
Merete Clausen, Director Investment, Internal Market, Industry, Entrepreneurship and SMEs, commented: “Access to public capital markets is key for the growth of EU companies and complements the support offered by private sources. The quality of the nominations this year was impressive, and the Jury has done a great job. The awarded SMEs stood out because of their growth performance, the innovativeness of their business models, the products or services they offer, or their successful internationalisation strategy. I hope the awarded companies will inspire other European businesses to take the leap and seek access to the EU capital markets.”
Petr Koblic, President of FESE, added: “Many congratulations to this year’s winners. Even if ultimately we only crowned one winner per category, being listed on capital markets is already a big achievement – one that makes every public company a winner in their own right. These Awards showcase successful IPOs from all over Europe and provide clear examples of the advantages of listing on exchanges for companies seeking to access finance.”
“SMEs are the foundation of the European economy. They are vitally important in creating jobs, supporting growth and boosting innovation. Supporting companies such as those celebrated last night to grow is essential to the green and digital transitions.”
Luc Vansteenkiste, Chairman of EuropeanIssuers, commented: “Small and medium enterprises are the backbone of the European economy. They are vitally important in creating jobs, supporting growth and boosting innovation. It is pleasing that the CMU Action Plan includes important actions to help these companies support their journey through their access to finance on capital markets. The challenge for the future is to find the perfect balance between the need of European harmonization and the respect of the local SME’s specificities.”
“Today’s award ceremony showcases example of successful small and mid-cap companies, they are an example of vision and courage to go for stock exchange in order to make their companies grow and prosper. So let me congratulate them and wish them a successful future.”
You can find out more about the European Small & Mid-Cap Awards website.
There are loads of incredible workshops to participate in at this year’s event, as well as two masterclasses. You can livestream them using the Promoting Enterprise app.
Aside from the awards to be presented, keynote speeches to be delivered, talks by renowned policymakers to be given, and Luc Soete’s Schumpeter ‘Innovation in Enterprise’ lecture, the SME Assembly 2022 will feature a host of educational workshops and masterclasses.
This year’s workshops will primarily deal with sustainability and the digital transformation. In these workshops, attendees will collaboratively learn about subjects like:
- Technological ‘upskilling’
- SMEs and carbon-neutrality
- Circular economies
- Green investing
- The digital transformation
Workshops will also be offered in:
- Female entrepreneurship
- Regional industrialisation
- Aerospace technology and data opportunities
- SME financing
In addition, attendees will be able to learn from the success stories of young European entrepreneurs in the ‘33 Under 33’ workshop.
On November 29, a masterclass in sustainability (‘Supporting the Sustainable Transition’) will be held, as will one in which the key findings of an SME test project will be presented.
Discover the full programme here.
Download the Promoting Enterprise app to livestream this year’s workshops and masterclasses, as well as attend various webinars.