Call: Projects supporting business transfers to employees creating a cooperative in order to ensure the sustainability of SMEs
|Type of Fund||Action programme|
|Description of programme |
COSME is the EU programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises (SMEs) running from 2014 to 2020 with a planned budget of 2.3 bn. €.
COSME aims to make it easier for small and medium-sized enterprises (SMEs) to access finance in all phases of their lifecycle – creation, expansion, or business transfer. Thanks to EU support, businesses have easier access to guarantees, loans and equity capital. EU ‘financial instruments’ are channelled through local financial institutions in EU countries. To find a financial institution in your country, visit the Access to Finance portal.
COSME helps businesses to access markets in the EU and beyond. It funds the Enterprise Europe Network that helps SMEs find business and technology partners, and understand EU legislation; the Your Europe Business portal that provides practical information on doing business within Europe; and the SME Internationalisation Portal for companies who want to develop their activities outside Europe. It also finances a number of IPR (intellectual property rights) SME Helpdesks.
COSME supports entrepreneurs by strengthening entrepreneurship education, mentoring, guidance and other support services. Actions support specific groups who may find it difficult to reach their full potential, such as young people, women and senior entrepreneurs. The programme also aims to help businesses access opportunities offered by digital technologies.
Improving business conditions
COSME aims to reduce the administrative and regulatory burden on SMEs by creating a business-friendly environment. COSME also supports businesses to be competitive by encouraging them to adopt new business models and innovative practices. This complements actions in areas with high growth potential such as the tourism sector.
Projects supporting business transfers to employees creating a cooperative in order to ensure the sustainability of SMEs
of call |
"Projects supporting business transfers to employees creating a cooperative in order to ensure the sustainability of SMEs"
The main objective of this call for expressions of interest is to improve the environment for transferring businesses to employees or workers organised in cooperative form and to raise awareness about the benefits of a cooperative model in Europe.
Projects to be supported under this call shall include the following categories of action:
|Thematic Focus||Innovation, SME, Competitiveness|
|Funding area|| EU Member States |
|Select Origin of Applicant|| EU Member States
Albania / Shqipëria
Bosnia and Herzegovina
Former Yugoslav Republic of Macedonia / поранешна југословенска Република Македонија
Iceland / Ísland
Montenegro / Crna Gora/Црна Гора
Serbia / Сpбија
Turkey / Türkiye
Ukraine / Україна Oukraïna
|Eligible applicants||Education and Training Centres, Federal State / Region / City / Municipality / Local Authority, Research Institution, , Small and Medium Sized Enterprises, SMEs (between 10 and 249 employees), , Microenterprises (fewer than 10 employees), NGO / NPO, Other, Start Up Company, University, Public Services|
|Project Partner Details|| |
at least 3 entities from at leats 3 different Member States.
|Project duration max||18 months|
|Contact Details|| |
The Executive Agency for Small and Medium-sized Enterprises (EASME) manages COSME on behalf of the European Commission.