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European Commission adopts support programme for French SMEs

The European Commission, on a proposal from Mrs. Monika Wulf-Mathies, Commissioner responsible for regional policy and cohesion, has adopted a programme aimed at supporting the adaptation of small and medium-sized enterprises (SMEs), in French Objective 2 and 5b areas, to the ...
The European Commission, on a proposal from Mrs. Monika Wulf-Mathies, Commissioner responsible for regional policy and cohesion, has adopted a programme aimed at supporting the adaptation of small and medium-sized enterprises (SMEs), in French Objective 2 and 5b areas, to the single market. The programme has been adopted within the framework of the Community SME initiative.

The Community contribution to the programme amounts to ECU 49,165,000, of which ECU 47,139,000 will come from the European Regional Development Fund (ERDF) and ECU 2,026,000 from the European Social Fund (ESF). This represent 50% of the overall programme expenditure for the period up until 1999.

The programme is divided into three main areas which demonstrate the priority accorded to the adoption of new procedures and the dissemination of know-how likely to contribute to the Europeanization of SMEs. These are as follows:

- Creation of a guarantee fund for SMEs, particularly aimed at supporting innovation (inter-company collaboration, technological innovation, European partner search);

- Inter-company collaboration for innovation and the modernization of SMEs, notably by encouraging collective projects and collaborative activities;

- Europeanization of SMEs through support to actions aimed at constituting European partnerships between companies in different sectors.
DE FR

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  • France
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