SME Access to Finance & Enterprise Europe Network Georgia Tzenou, National Documentation Centre Enterprise Europe Network-Hellas

Title of the presentation | Date |2 Agenda 1.The National Documentation Centre 2.Horizon 2020 & SMEs 3.SME instrument 4.Access to Risk Finance 5.Enterprise Europe Network 6.Q&A

Title of the presentation | Date |3 EKT: National Documentation Centre National institution for the collection, documentation, aggregation, perpetual preservation, dissemination and re-use of e-content: e-content Metrics & Evidence-based Policies Knowledge Transfer & Exploitation Coordinator of Enterprise Europe Network-Hellas National Contact Point for EU funding for Research & Innovation

Title of the presentation | Date |4 Horizon 2020 H2020 & SMEs: Why?

Title of the presentation | Date |5 H2020 & SMEs: Why?

Title of the presentation | Date |6 H2020 & SMEs: Why? Impact assessment in previous EU R&I Programmes  Less than 50% of industries use publicly funded R&D projects strategically  Only 22% of SMEs in EU research programmes are strategic innovators  Most academics engage with industry only to further develop research  Results not exploited because projects not designed for exploitation  The information environment of R&D programmes is unattractive to SMEs SMEs cannot benefit from research results due to missing IPR strategy  SMEs not encouraged to take the project leadership, but public (R&D) organisations lack the entrepreneurial expertise

Title of the presentation | Date |7 SME support: integrated approach SME instrument 7% Collaborative projects 13% Eurostars II Enhancing Innovation Capacity Market-driven Innovation Access to Risk Finance Innovation in SMEs

Title of the presentation | Date |8 H2020 & SMEs: Integrated approach Priority 2: Industrial Leadership Strong participation by SMEs: all forms of R&D, innovation, towards exploitation & commercialization  Simplification of particular benefit to SMEs (e.g. single entry point)

Title of the presentation | Date |9 SME Instrument Proposed budget: ~3 Billion € Target group: Innovative SMEs (single or consortium) Other organisations only under subcontracting Bottom-up while addressing societal challenges &/or key enabling technologies Grant-based staged funding, Impact on growth & job creation Evaluation: Market-oriented, EU dimension Starting date: early 2014, Implementation: EASME

Title of the presentation | Date |10 SME Instrument: Phases 1-3 Phase 1: Concept & Feasibility Assessment  10% budget of SME instrument (~5200 funded projects, 10% success)  Lump sum € for 6 months for Innovative SMEs  Input: Idea/Business Plan 1 (~10 pages), Output: Business Plan 2  Activities: Feasibility, Risk assessment, IPR, Partner search…  Call always open with 4 cut-off dates/year (18/06/2013)  Time to contract: 8-12 weeks

Title of the presentation | Date |11 SME Instrument: Phases 1-3 Phase 2: R&D, demonstration, market replication  90% budget of SME instrument (~1700 proposals, success:30-50%)  0,5-2,5 Meuro (exc.:5 Meuro) for months to Innovative SMEs  Input: Business Plan 2 + activities under phase 2 (~30 pages)  Activities: Development, Prototyping, Testing, Piloting, etc.  Output: “Investor-ready Business plan 3”  Call always open with 4 cut-off dates/year (24/09/2014)  TT contract: 150 days

Title of the presentation | Date |12 SME Instrument: Phases 1-3 Phase 3: Commercialisation & Coaching  2% budget of SME instrument  No direct funding, Support for access to private finance  Promote instrument as quality label for successful projects  Networking, training, information addressing IP management, knowledge sharing, dissemination  Connection to public procurement activities  Key account Management will be carried out by EENs & coaching by external specialists

Title of the presentation | Date |13 Access to Risk Finance Assisting organisations engaged in research and innovation to access financial instruments, such as loans, guarantees, equity finance, etc. 2 OPEN CALLS (deadline: 15/04/2014) Proposal submitted by single proposer or consortium (Technology Transfer Officers, Universities, public research organizations, etc.) Budget: 2,5 Meuro (one or more proposals funded), duration will be defined Deadline: 15 April 2014 Topic 1: Capacity Building in Technology Transfer Topic 2: Boosting the investment-readiness of SMEs and small Midcaps

Title of the presentation | Date |14 Access to Risk Finance 15 more calls will follow during in : Loan service for R&I (Risk-Sharing Finance Facility) SMEs & Small Midcaps R&I Loans Service Equity Facility for R&I Technology Transfer Financing Facility Pilot Technical & Financial Advisory Service for Risk Finance in R&I Understanding the Intellectual Property Aggregation Marketplace Understanding the Nature & impact of Angel & Crowd-funding Assessing the potential for EU Investment in Venture Capital funds-of- Funds & more.. !

Title of the presentation | Date |15 Funded by the European Commission under the Competitiveness & Innovation Framework Programme (CIP)

Title of the presentation | Date |16 Enterprise Europe Network One-stop shop for European SMEs Practical help from local organisations Listening to SMEs Almost 600 partner organisations in 54 countries

Title of the presentation | Date |17 Enterprise Europe Network One-stop shop for European SMEs Since its launch, the Network has: Helped companies to sign business, technology or research partnerships Brought 90,000 companies to international brokerage events and company missions Answered 375,000 questions on EU issues Attracted more than 1 million people to events

Title of the presentation | Date |18 Enterprise Europe Network-Hellas 12 Partners, covering all Greece Coordinator: EKT

Title of the presentation | Date |19 I need a business partner in another country… How do I get European funding? What does this EU law mean for my business? How do I find a new market abroad? How can I sell my innovative ideas and technology? Enterprise Europe Network

Title of the presentation | Date |20 Range of Services Encouraging SME participation to Framework Programmes for Research and Technological Development Innovation, Technology and knowledge transfer services Information, feedback and international business cooperation services

Title of the presentation | Date |21 How does the Network help SMEs*? Close to 55% of companies have gained access to new markets More than half have developed a new product, service or implemented a new business process Some 48.5% have reported an impact on their turnover Close to 45% have improved their technology More than 40% have started a new business project Some 99.7% of companies would recommend the services of the Network

Title of the presentation | Date |22 Enterprise Europe Network-Hellas Indicative Results ( ): 410 partnership Agreements (commercial, technological, research) 350 Brokerage Events & Company Missions advices on access to EU programmes responses to EU subject questions

Title of the presentation | Date |23 Contact Be a part of it! Visit to find the Network near you Georgia Tzenou EKT- National Documentation Centre Tel.: , Skype: gtzenou