Project description
Better SME support in Basque Country
Small and medium-sized enterprises (SMEs) in the Basque Country region will receive a major boost as regards their capacity to expand and internationalise. Examples include exporting and importing goods and services. The EU-funded BASKAM4 project will support innovation management initiatives in the area. It will work to facilitate access to European and international markets for the Basque SMEs, which will also receive growth-oriented, integrated business and innovation support services. The ultimate aim is to boost SME competitiveness. This is part of the EU’s investment plan and one of the European Commission’s top priorities as it focusses on boosting investment to generate jobs and growth by making smarter use of financial resources.
Objective
EU-28 SMEs made a significant contribution to the recovery and subsequent expansion of the EU-28 economy. They accounted for 47% of the total increase from 2008 to 2017 in the value added generated by the non-financial business sector, and for 52% of the cumulative increase in employment in the sector. In fact, their contribution exceeded what would have been expected on the basis of their relative importance in the economy.
The internationalisation of SMEs is this year's special theme. SMEs can expand internationally in a number of different ways. Examples include exporting or importing goods and services, making outward foreign direct investment or attracting foreign investors to their business, becoming part of a national value chain which has an international focus, or being part of a global value chain, engaging in cross-border R&D and innovation collaboration, or licencing or franchising products or services.
Thus, innovation management plays a key role at this respect and the Basque Country is not an exception at all.
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.
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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H2020-EU.2.3.2.2. - Enhancing the innovation capacity of SMEs
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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-SGA4-2020-2021
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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.