Project description DEENESFRITPL Accessible alternative finance solutions for SMEs Innovative SMEs and start-ups often require additional funding, either at the outset or during their growth stages. Unfortunately, their ability to innovate and make an impact in the sectors they operate in is hindered by the fact that they find it difficult to acquire these extra funds. Alternative finance like the stock market and other similar options is a possible solution to this issue, but currently, SMEs lack the preparation to use them. The EU-funded TechCapMarkets project aims to solve this issue by developing a tool kit and assembling an advisory group of experts. This will help provide innovative SMEs with the skills and experience required to use alternative finance solutions. Show the project objective Hide the project objective Objective TechCap Markets will address a specific challenge in improving access by innovative SMEs to alternative finance: the lack of connectivity with exit markets such as stock exchanges and emerging growth markets for trading shares in private innovative SMEs.This lack of connectivity for both alternative finance providers and innovative SMEs is characterized by:- Lack of opportunity for Initial Purchase Offers (IPOs) for innovative SMEs in Europe- Challenges to trading privately held shares in Innovative SMEs- Sub-optimal use of public market investment vehicles in raising venture capital funds- Difficulty to raise capital via further issuances by listed innovative SMEs/Tech companiesIt will pursue the following objectives:- Establishing a High-Level Advisory Group and series of Expert Working Groups and capture the latest market expertise via these groups to deliver:o a whitepaper for exchange operators and policy makers containing best practice in public policy, regulatory environmentsand market operations and make recommendations as appropriateo develop a practical “how to” tool kit for innovative SMEs and alternative finance providers to access exchanges- Produce learning material tailored to different stakeholder groups and prepare and implement a capacity building plan for all stakeholders- Create awareness about exits to stock exchanges and the use of secondary market placesThe consortium is composed of 3 partners, designed to maximize the effectiveness of bringing together senior market practitioners and gathering and deploying their expertise. The partners specific expertise covers the individual requirements of the project: EUN - the current relationship between innovative SMEs and alternative finance providers such as BA and VC investors. IESE - world class research capabilities at the nexus of entrepreneurship and capital markets; PMEF - think tank of professionals in financing for entrepreneurs with strong public policy expertise. Fields of science social sciencespolitical sciencespolitical policiespublic policiessocial scienceseconomics and businessbusiness and managemententrepreneurship Programme(s) H2020-EU.2. - PRIORITY 'Industrial leadership' Main Programme Topic(s) ALTFI-01-2017 - Improving access by innovative SMEs to alternative forms of finance Call for proposal H2020-ALTFI-2017 See other projects for this call Funding Scheme CSA - Coordination and support action Coordinator TECH TOUR EUROPE SA Net EU contribution € 173 025,00 Address Avenue des arts 56 1000 Brussels / bruxelles Belgium See on map Region Région de Bruxelles-Capitale/Brussels Hoofdstedelijk Gewest Région de Bruxelles-Capitale/ Brussels Hoofdstedelijk Gewest Arr. de Bruxelles-Capitale/Arr. Brussel-Hoofdstad Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 Participants (3) Sort alphabetically Sort by Net EU contribution Expand all Collapse all Third-party Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure. TECH TOUR GLOBAL EOOD Bulgaria Net EU contribution € 59 500,00 Address 111 tsarigradsko shosse blvd sofia teck park incubator floor 1 1784 Sofia See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Югозападна и Южна централна България Югозападен София (столица) Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 PME FINANCE France Net EU contribution € 153 500,00 Address 68 rue du faubourg saint honore 75008 Paris See on map Region Ile-de-France Ile-de-France Paris Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 UNIVERSIDAD DE NAVARRA Spain Net EU contribution € 161 625,00 Address Campus universitario edificio central 31080 Pamplona See on map Region Noreste Comunidad Foral de Navarra Navarra Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00
