Tuesday, February 20, 2018

SME Participation in FP7 (2007-2011)

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 EU Research Funding Reaches 15% Target for SMEs

The Eighth Progress Report by the Commission's DG Research & Innovation reveals that the budget target of 15% for funding to Small and Medium Enterprises (SMEs) within the Seventh Research Framework Programme (FP7) has been reached.  This 15% goal had been set by the Parliament and Council when establishing FP7. Its implementation across the Themes of the Cooperation Programme of FP7 (2007-2013) is regularly monitored by DG Research & Innovation in the form of "SME Progress Reports in FP7". The eighth report, which has just been released, shows that during the first five years of FP7, the budget granted so far to SMEs in the Thematic priorities represents 15.3% of the Cooperation Programme budget. This equals € 2.4 billion allocated to almost 8.900 SME participations by 1 January 2012.

Latest figures show that the European Commission is keeping its promises on research funding for Small- and Medium Enterprises (SMEs). SMEs will receive 15.3% (€2.4 billion) of the Cooperation Programme budget of €16.3 billion committed so far under the Seventh Framework Programme (FP7). This surpasses the goal set by the European Parliament and European Council for FP7. €2.4 billion has already been allocated to almost 8.900 SMEs by 1 January 2012. SME funding under the Cooperation Programme is estimated to remain above 15% for the rest of the period of FP7, thereby meeting the commitment taken by the European Commission.

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Commissioner for Research, Innovation and Science, Máire Geoghegan-Quinn, said: "The commitment to the 15% budget target for SMEs is a commitment to growth and jobs. We have now reached that target and will remain committed to it. Our future research and innovation programme, Horizon 2020, will continue to support the competitiveness of SMEs, which are the bedrock of the European economy."

FP7 provides financial support for transnational research for and by SMEs wishing to innovate and improve their competitiveness in Europe's knowledge-based economy. Concrete measures to encourage SME participation were taken across the so-called 'Thematic Priorities' of the Cooperation Programme under FP7. A focus on SME-friendly measures in the calls of 2011 to encourage SMEs to participate, such as ring-fenced budgets for SMEs or topics highly relevant for SMEs, had a positive impact on achieving the 15% target. The last months of 2011 therefore saw a significant increase in the budget share allocated to SMEs. The Commission plans to strengthen such measures further in the future.


Source : http://ec.europa.eu/research/sme-techweb/index_en.cfm?pg=news


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