The European Competitiveness and Innovation Programme (CIP) provides three kind of tailor-made measures adapted to SMEs' needs, whatever their activity sectors are. 1.This programme contains several funding schemes supporting market-oriented, sustainable and eco-innovative products, process and services. 2.The CIP also proposes financial tools to reduce the risk for the start-up or to expand the innovative businesses 3. It promotes the internationalisation of SMEs, with the Enterprise Europe Network services portfolios.

1. The Competitiveness and
Innovation Framework Programme
(CIP)
THE CIP MEASURES SUPPORTING SMES’
ACTIVITIES
NADÈGE MOTE
BRUSSELS ENTERPRISE AGENCY, BE
STOCKHOLM, DECEMBER 2010

2. Outline
What is the CIP?
Which CIP measures address the SMEs’needs?
How do the SMEs apply to receive the CIP support?

3. The CIP (2007-2013)
Key funding Instrument to support competitiveness
and innovation of the european economy
Focus on world challenges: sustainability and eco-
innovation (environment, energy, transport), societal
challenges through ICT-based services
Market-oriented grants and products: tailor-made for
SMEs and start-ups

4. The CIP (2007-2013)
Managed by different DGs and the EACI
€ 3.6 billion - of which 80% directly to SMEs
3 Specific Programmes:
Entrepreneurship and Innovation Programme (EIP) - €2.16 billion
ICT Policy Support Programme (ICT-PSP) - €728 million
Intelligent Energy Europe Programme (IEE) - €727 million

5. Pilot A SAVE
Pilot B
ALTENER
Technology
Network
STEER
DG
INFSO

6. From FP7 to CIP
Fundamental Applied
Ideas Prototype Product Market
research research
Competitiveness & Innovation
FP7 Programme
Enterprise Europe Network
Research Demonstration Exploitation

7. Specific CIP measures for SMEs
The CIP doesn’t fund research activities !!!
1. Demonstrated technologies
• Eco-Innovation Pilot projets
Uptake
• Intelligent Energy Europe
• ICT-based services
2. Exploitation
• Financial products -VC Business
• IPR Helpdesk Development
3. Business Expansion
• Financial products
• Internationalisation services- Enterprise Europe Network

8. Eco-Innovation (1)
First application and market replication projects
Business and exploitation plan must be in the
proposal
Products already technically demonstrated but risky
4 priority sectors of which the Food and Drink
Industry

9. Intelligent Energy Europe (1)
Eco-efficiency: Energy, renewables, transport
Min. 3 participants from 3 different countries
EU contribution: up to 75% of the eligible costs
EU Info Day: 18 of January 2011 – call publication
early 2011
Database of funded projects:
http://ieea.erba.hu/ieea/page/Page.jsp

10. ICT – PSP (1)
Call for proposals basis
Increase the quality of life
PILOT B SMEs
Different themes to be funded each year in the WP

11. Financial products for SMEs (2) and (3)
European Investment Fund - National institutions
Agreement are signed between EIF and national intermediaries
Equity – Venture Capital
Early stage (GIF1) and expansion stage (GIF2)- risk sharing
Mainly Biotech and ICT sectors
Strong Selection process
Loan Guarantees – Securitisation
Doesn’t lend money – only serve as guarantee for bank loans
microcredit
Target: 400 000 SMEs

12. Risk capital Debt financing & guarantees
Early stages High Growth Innovative Microfinance SME Guarantees
- Intellectual property SME Scheme (GIF) - Loan
- Technology transfer - VC funds - Microcredit
- Seed finance • seed & start-up Round table of - Equity & mezzanine
- Investment readiness • early expansion stage bankers & SMEs - Securitisation
- Business angels
Business Angels
Better governance
Capacity building
Public stock
markets
Enterprise’s revenue
Formal Venture Capital Funds
Bank loans and guarantees
s
Seed/early stage VC Funds
Business angels
Entrepreneur, friends, family
Seed phase Start-up phase Emerging growth Development
Valley of Death Enterprise’s development stage
HIGHER RISK LOWER RISK
EU policy development EU financial instruments
The financial environment : EU policies and financial instruments under CIP

13. Enterprise Europe Network (3)
Local Services to support SMEs internationalisation
Economic development Agency, Chambers of Commerce
Commercial, Technological and Research Partnership
Technology transfer, distribution agreement, joint venture
Brokerages events, Company missions, Profiles
Sectoral Groups defining events, promoting clients, organising
missions

14. Questions time!
NMO@ABE.IRISNET.BE