Annexes to COM(2011)834 - Programme for the Competitiveness of Enterprises and small and medium-sized enterprises (2014 - 2020) - Main contents
Please note
This page contains a limited version of this dossier in the EU Monitor.
| dossier | COM(2011)834 - Programme for the Competitiveness of Enterprises and small and medium-sized enterprises (2014 - 2020). |
|---|---|
| document | COM(2011)834  |
| date | December 11, 2013 |
INDICATORS FOR GENERAL AND SPECIFIC OBJECTIVES AND TARGETS
| General objective: |
| |||
| Current situation | Long term target and milestone (2020) | ||
| Will be measured in on a regular basis, for example by means of a Eurobarometer survey | Increase in the proportion of Union SME producing green, i.e. environmentally friendly, products (2) compared to baseline (initial measurement) | ||
| Number of days to set up new SME in 2012: 5,4 working days | Marked reduction in number of days to set-up a new SME | ||
| Cost of start-up in 2012: EUR 372 | Marked reduction in the average start-up costs in the Union compared to baseline | |||
| Number of Member States where the time needed to get licences and permits (including environmental permits) to take up and perform the specific activity of an enterprise is one month: 2 | Marked increase in the number of Member States where the time needed to get licences and permits (including environmental permits) to take up and perform the specific activity of an enterprise is one month | |||
| Number of Member States with a one-stop shop for business start-ups so that entrepreneurs can carry out all the required procedures (e.g. registration, tax, VAT and social security) via a single administrative contact point, whether physical (an office), virtual (web), or both in 2009: 18 | Marked increase in the number of Member States with a one-stop shop for business start-ups | |||
| 25 % of SMEs export and 13 % of SMEs export outside the Union (2009) (4) | Increase in the proportion of SMEs exporting and increase in the proportion of SMEs exporting outside the Union compared to baseline |
| General objective: |
| |||
| Impact indicator | Current situation | Long term target and milestone (2020) | ||
| In 2010 SMEs provided more than 58 % of total Union Gross Value Added | Increase of SME output (value added) and employees compared to baseline | ||
| Total number of employees in SMEs in 2010: 87,5 million (67 % of private sector jobs in the Union) | ||||
| This figure is measured every two or three year by a Eurobarometer survey. The latest figure available is 37 % in 2012 (45 % in 2007 and 2009) | Increase in the proportion of Union citizens that would like to be self-employed compared to baseline |
| Specific objective: | To improve access to finance for SMEs in the form of equity and debt | |||
| Latest known result (baseline) | Long term target (2020) | ||
| As of 31 December 2012 EUR 13,4 billion in financing mobilised, reaching 219 000 SMEs (SME Guarantee (SMEG) Facility) | Value of financing mobilised ranging from EUR 14,3 billion to EUR 21,5 billion; number of firms receiving financing which benefit from guarantees from the COSME programme ranging from 220 000 to 330 000 | ||
| As of 31 December 2012 EUR 2,3 billion in venture capital funding mobilised to 289 SMEs (High Growth and Innovative SME Facility, GIF) | Overall value of venture capital investments ranging from EUR 2,6 billion to EUR 3,9 billion; number of firms receiving venture capital investments from the COSME programme ranging from 360 to 540 | ||
| Leverage ratio for the SMEG Facility 1:32 Leverage ratio for GIF 1:6,7 | Debt instrument 1:20 - 1:30 Equity instrument 1:4 - 1:6 (5) | ||
| Additionality of the SMEG Facility: 64 % of final beneficiaries indicated that support was crucial to find the finance they needed Additionality of the GIF: 62 % of GIF final beneficiaries indicated that support was crucial to find the finance they needed | Increase in the proportion of final beneficiaries that consider the EFG or the LGF to provide funding that could not have been obtained by other means compared to baseline |
| Specific objective: | To improve access to markets, particularly inside the Union but also at global level | |||
| Latest known result (baseline) | Long term target (2020) | ||
| It is estimated that in regulatory co-operation with main trading partners (US, Japan, China, Brazil, Russia, Canada, India) there is an average of 2 relevant areas of significant alignment of technical regulations | 4 relevant areas of significant alignment of technical regulations with main trading partners (US, Japan, China, Brazil, Russia, Canada, India) | ||
| Latest known result (baseline) | Long term target (2020) | ||
| Partnership agreements signed: 2 475 (2012) | Partnership agreements signed: 2 500/year | ||
| Recognition of the Network amongst SME population will be measured in 2015 | Increase in the recognition of the Network amongst SME population compared to baseline | ||
| Client satisfaction rate (% SMEs stating satisfaction, added-value of specific service): 78 % | Client satisfaction rate (% SMEs stating satisfaction, added-value of specific service): > 82 % | ||
| Number of SMEs receiving support services: 435 000 (2011) | Number of SMEs receiving support services: 500 000/year | ||
| 2 million SMEs per year using digital services | 2,3 million SMEs per year using digital services |
| Specific objective: | To improve framework conditions for the competitiveness and sustainability of Union enterprises, particularly SMEs, including in the tourism sector | |||
| Latest known result (baseline) | Long term target (2020) | ||
| 5 simplification measures per year (2010) | At least 7 simplification measures per year | ||
| Fitness checks have been launched since 2010. The only relevant fitness check so far is the on-going pilot project regarding "type approval for motor vehicles" | Up to 5 fitness checks to be launched over the course of the COSME programme | ||
| Number of Member States using the competitiveness proofing test: 0 | Marked increase in the number of Member States using the competitiveness proofing test | ||
| Will be measured on a regular basis, for example by means of a Eurobarometer survey | Increase in the proportion of Union SMEs that are taking at least one action to be more resource efficient (which may include energy, materials or water, recycling, etc.) compared to baseline (initial measurement) Increase in the proportion of Union SMEs that are planning to implement additional resource efficiency actions (which may include energy, materials or water, recycling, etc.) every two years compared to baseline (initial measurement) | ||
| Latest known result (baseline) | Long term target (2020) | ||
| Number of Member States using SME test: 15 | Marked increase in the number of Member States using SME test |
| Specific objective: | To improve framework conditions for the competitiveness and sustainability of Union enterprises, particularly SMEs, including in the tourism sector | |||
| Latest known result (baseline) | Long term target (2020) | ||
| Three countries covered per project in 2011 | Increase in the number of Member States participating in transnational cooperation projects funded by the COSME Programme compared to baseline | ||
| Number of European Destinations of Excellence awarded in total: 98 (on average 20 per year – in 2007-10, in 2008-20, in 2009-22, in 2010-25, in 2011-21) | More than 200 destinations adopting the sustainable tourism development models promoted by the European Destinations of Excellence (about 20 every year) | ||
| Latest known result (baseline) | Long term target (2020) | ||
| Will be measured on a regular basis (So far this activity was restricted to analytical work of limited scale) | Increase in the cumulative number of new products/services compared to baseline (initial measurement) |
| Specific objective: | To promote entrepreneurship and entrepreneurial culture | |||
| Latest known result (baseline) | Long term target (2020) | ||
| Number of Member States implementing entrepreneurship solutions: 22 (2010) | Marked increase in the number of Member States implementing entrepreneurship solutions | ||
| Currently, 12 Member States participate in the European Network of Mentors for Women Entrepreneurs. Currently, 6 Member States and 2 regions have a specific strategy for Entrepreneurship Education, 10 Member States have incorporated national objectives related to entrepreneurship education in broader lifelong learning strategies and in 8 Member States entrepreneurship strategies are currently under discussion | Marked increase in number of Member States implementing entrepreneurship solutions targeting potential, young, new and female entrepreneurs, as well as other specific target groups compared to baseline |
(1) These indicators refer to developments in Enterprise and Industry policy area. The Commission itself is not solely responsible for the achievement of the targets. A range of other factors outside of the control of the Commission also affects outcomes in this area.
(2) Green products and services are those with a predominant function of reducing environmental risk and minimising pollution and resources. Products with environmental features (eco-designed, eco-labelled, organically produced, and with an important recycled content) are also included. Source: Flash Eurobarometer 342, "SMEs, Resource Efficiency and Green Markets".
(3) The Council Conclusions of 31 May 2011 included a call encouraging the Member States, where appropriate, to reduce the start-up time for new enterprises to three working days and the cost to EUR 100 by 2012, as well as the time needed to get licences and permits to take up and perform the specific activity of an enterprise to three months by the end of 2013.
(4) "Internationalisation of European SMEs", EIM, 2010, http://ec.europa.eu/enterprise/policies/sme/market-access/files/internationalisation_of_european_smes_final_en.pdf
(5) EUR 1 from the Union budget will result in EUR 20-30 in financing and EUR 4-6 in equity investments over the lifetime of the COSME programme.