Call: Reduction of youth unemployment and the setup of co-operatives
|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.
Reduction of youth unemployment and the setup of co-operatives
|Description of call |
"Reduction of youth unemployment and the setup of co-operatives "
|To enable young people to fully take advantage of creating a company, a number of challenges
needs to be addressed as regards entrepreneurship education especially when it comes to different kind of business organisation
to be taught. |
Projects to be supported under this call shall include the following categories of actions:
|Thematic Focus||Education, Employment, Youth, Competitiveness, Innovation|
|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, , Research Institution, Lobby Group / Professional Association / Trade Union, International Organization, Small and Medium Sized Enterprises, SMEs (between 10 and 249 employees), Microenterprises (fewer than 10 employees), , , NGO / NPO, Public Services, Start Up Company, University, Enterprise (more than 250 employees or not defined), Association,|
|Applicant details|| Applications from legal entities
established in EU memberstates are eligible. |
Proposals including an entity from a non EU Member States in the consortium will not be eligible.
|Project Partner Details|| The consortium (i.e. the coordinator plus its partners) must be composed of a minimum of three (3)
different legal entities located in at least three (3) Member States, preferably from economically, socially and culturally
diverse parts of Europe. |
The consortium must include at least:
|Project duration max||12 months|
|Type of Funding||Grant|
|Financial details|| Maximum budget
allocated for EU financing under this call: 450 000 € |
Indicative number of grants: 2.
Maximum EU financing rate of eligible costs: 70 %
Maximum EU financing amount per project: 225 000 €
|Submission||Only electronic submissions are allowed for this call.|
The Executive Agency for Small and Medium-sized Enterprises (EASME) manages COSME on behalf of the European Commission.