Project description
Strengthening Basque SME innovation capacity
SMEs play a very important role in the EU economy and in ensuring growth, innovation, job creation, and social integration. Following the financial crisis in 2008/2009, SMEs have contributed to increasing employment and value added. This was also the tendency of Basque SMEs during the same period. In this context, the EU-funded BASKAM3 project will support Basque SMEs to increase their innovation management capacity, achieve high competitiveness and be able to easily access finance. The Basque Node has designed an implementation plan to contribute to the objectives of the Competitiveness of Enterprises and SMEs programme. The project will facilitate Basque SMEs to access the European and international markets and provide growth-oriented, integrated business and innovation support services to strengthen SME competitiveness and sustainability.
Objective
The EU considers SMEs and entrepreneurship as key to ensure economic growth, innovation, job creation and social integration in the European Union. SMEs are the backbone of Europe’s economy since they represent 99% of all businesses in the European Union, employing 93 million people and generating 57 % of value added in the sector.
The general macro-economic environment in the EU-28 in 2016 strengthened SME activity in all industries due to the expansion of all categories of final demand. In previous years, the main driver of SME recovery was exports. The year 2016 marked the third consecutive year of steady increases in EU-28 SME employment and EU-28 SME value added. As a result of the recent upturn, EU-28 SME employment has finally recovered from the 2008/2009 economic and financial crisis and even slightly exceeded the 2008 level in 2016. The level of value added generated by EU-28 SMEs showed even greater recovery, at 11 % higher than in 2008. This has also been the trend of Basque SMEs during the same period.
Programs supporting SME exports benefit directly only a sub-set of SMEs. However, indirectly, all SMEs benefit to some extent from growth in exports as higher exports raises a) overall income levels, and hence the demand for goods and services sold by domestic demand facing SMEs, and b) the demand for goods and services originating from exporting- oriented enterprises. Some of the main drivers for a high competitiveness score can be linked to the presence of strong skills and innovation capacity and capability, entrepreneurship and easy access to finance. In the Basque Country we are very much aware of this scenario and that is why the Basque Node has designed an implementation plan aiming at contributing to the objectives of COSME. Facilitating access to European and international markets for Basque SMEs and by providing growth-oriented, integrated business and innovation support services that help strengthen the competitiveness and sustainability.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
CSA - Coordination and support action
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EEN-SGA3-2018
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
48011 Bilbao
Spain
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.