ASEAN KEY DESTINATIONS
Horizon 2020: Small Business, Innovation Agencies, Venture capital and Business Angels unite to advance the SME case
EUROCHAMBRES, UEAPME, EVCA, EBAN and TAFTIE will this evening (22 January 2013) hold a joint reception in the European Parliament to highlight the importance of Horizon 2020 research and innovation funding to small businesses across Europe.
The event brings together business leaders, venture capitalists, business angels and innovation agencies, together with a number of European Commission officials and many MEPs.
The business organisations are united in their aim to see an increase in the percentage of the total programme budget devoted to SMEs from 15% to 20% as part of a broader strategy to ensure that more Horizon 2020 funds reach SMEs than under FP7.
They also highlight the need for the SME Dedicated Instrument which will be part of Horizon 2020 to have a clearly defined and ear-marked budget, as well as a specific management structure and streamlined procedures to facilitate the participation of a high number and diverse range of smaller businesses.
The business organisations are concerned that, as the Commission’s Horizon 2020 text currently stands, the SME dedicated research and innovation measures are less visible than under the on-going FP7 Programme. In particular, the financial allocation remains ambiguous.
Notes to editors
Together the participating organisations represent
· over 20 million small businesses throughout the European Union.
· €10bn of technology and innovation investment, supported by 20,000 business angels throughout Europe.
EUROCHAMBRES – The Association of European Chambers of Commerce and Industry represents over 20 million enterprises in Europe – 93% of which are SMEs – through members in 45 countries and a European network of 2000 regional and local Chambers.
Press contact: Guendalina Cominotti, +32 (0)2 282 08 66, firstname.lastname@example.org
UEAPME is the employers’ organisation representing exclusively crafts, trades and SMEs from the EU and accession countries at European level. UEAPME has 80 member organisations covering over 12 million enterprises with 55 million employees.
Press contact: Francesco Longu, Tel +32 (0)496 520 329, email@example.com
EVCA, the European Private Equity & Venture Capital Association, is the voice of European private equity. Our membership covers the full range of private equity activity, from early-stage venture capital to the largest private equity firms, investors such as pension funds, insurance companies, fund-of-funds and family offices and associate members from related professions. We represent 700 member firms and 400 associate members.
EBAN, is the representative in Brussels through direct and indirect membership of more than 250 business angel networks in Europe. These in turn federate some 20.000 angels, and receive about 40.000 business plans a year. EBAN brings together more than 100 member organisations in 27 countries today. Through direct and indirect membership, EBAN reaches out to 300 groups, 20.000 angels and 40.000 entrepreneurs. EBAN was established in 1999 by a group of pioneer angel networks in Europe with the collaboration of the European Commission and EURADA.
TAFTIE is the European Association of leading national innovation agencies. Its Members make a major contribution to strengthening Europe’s economic performance by supporting product-, process- and services innovation by implementing their countries’ national and -many times- international Research, Development and Innovation Programmes.
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