Community Research and Development Information Service - CORDIS


SMEs keep local - go international: Opportunities for transnational research

Funded under: FP7-SME


Small and medium-sized enterprises (SMEs) are the lifeblood of the European economy, accounting for two thirds of GDP and providing 75 million jobs in the private sector. They are crucial to the EU's drive for innovation and technological development as it seeks to build a dynamic knowledge based economy. In the face of increasing globalisation, accelerating technological change and environmental challenges, SMEs look to European-wide assistance which will allow them to develop new products and services through innovation and investment in research.
The first source of funding for transnational research projects is offered through the Community Seventh Framework Programme for Research (FP7).
New additional opportunities are now being developed through the coordination of national and regional funding programmes, with support of FP7 funding. This will mutually reinforce these programmes and help SMEs to access transnational research via their established national and regional partner agencies.

Additional information

Authors: No author stated, European Commission, DG Research, Brussels (BE)
Bibliographic Reference: Luxembourg, Office for Official Publications of the European Communities, 2008. 20 pp, free of charge
Availability: The PDF version downloaded from:
ISBN: ISBN 978-92-79-05964-3
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