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Call: The European Community of Women Business Angels for Women Entrepreneurs

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Programme
COSME
Acronym COSME
Type of Fund Action programme
Description of programme
"COSME"

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. €.

Accessing finance

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.

Opening markets

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.

Supporting entrepreneurs

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.  

Link http://ec.europa.eu/growth/smes/cosme/index_en.htm
Call
The European Community of Women Business Angels for Women Entrepreneurs
Description of call
"The European Community of Women Business Angels for Women Entrepreneurs"
The general objective of this call is to increase the number of Women Business Angels (WBAs) in Europe, and to facilitate the funding of Women Entrepreneurs (WEs) by Business Angels. The selected consortia of Business Angels for Women Entrepreneurs under this call will form the European Community of Women Business Angels for Women Entrepreneurs. It is expected that the selected consortia will cover at least 10 EU Member States
Link file:///C:/Users/evotterl/Downloads/160602-WBA%20call%20text.pdf
Thematic Focus Employment, Equal Rights, Trade
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
Moldova
Montenegro / Crna Gora/Црна Гора
Serbia / Сpбија
Turkey / Türkiye
Ukraine / Україна Oukraïna
Others
Eligible applicants Other, Association, Lobby Group / Professional Association / Trade Union
Applicant details Applicants must correspond to the definition of the following target organisations: 
  • Women business angels associations/networks/clubs. 
  • Business Angels associations/networks/clubs. 
  • Business support organisations, business associations and business support networks. 
  • Chambers of commerce and industry, chambers of handicraft or similar bodies.
Project Partner Yes
Project Partner Details The consortium (i.e. the coordinator plus its partners) must be composed of a minimum of four (4) partner organisations, It is expected that the selected consortia will cover at least 10 EU Member States.

The consortium must include at least:
  • One (1) existing and effective Women business angels association/network/club.
  • The participation of the same partner in more than one proposal is not permitted; proposals with a member that participates in more than one consortium submitting a project proposal are not eligible and will be excluded from the call. Therefore applicants are encouraged to take the necessary measures to ensure that their partners will not participate in more than one proposal.
Recurring Call unknown
Project duration max 24 months
Type of Funding Grant
Financial details The total budget earmarked for the co-financing of projects is estimated at 2 200 000 €.
Maximum EU financing rate of eligible costs: The contribution will be up to 70% of the total cost of the action.
Indicative number of grants: up to 5.
Maximum EU financing amount per project: 440 000 €
Submission The application forms are available here.
Contact Details

The Executive Agency for Small and Medium-sized Enterprises (EASME) manages COSME on behalf of the European Commission.


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