Press from Other forms of Funding

Young SMEs Final Event- Streaming

Categories: Assistance with Public sector procurement, Business and Market Development, Cooperation among SMEs, Industry / Business linkages with Academic, Kick-Off Valencia, Local Networking, Management, New Technologies / E-business, News, Other, Other forms of Funding, Press
The final event of the Young SMEs project will be held on November, 13 in Toledo, Spain. Toledo is a World Heritage Site by UNESCO (you can see a video here). 
  1.  Activities


  • As you know, the final event will start at 10AM. You have the information about the venue in the registration page .
  • After the event, we will offer you a guided visit to Toledo, the World Heritage site by UNESCO, by courtesy of the Chamber of Commerce. Really worth it!
  • The last official dinner for this project will be after the visit.
  • The last Steering Committee will start at 10AM on Friday. Enclosed to

You would be able to see us all live tomorrow here

Please spread the link so we can have as much people learning about YoungSMEs as possible.

See you all tomorrow.



Irish Department of Finance “SME Credit and Funding Newsletter”

Categories: News, Other forms of Funding

It is the Irish Department of Finance “SME Credit and Funding Newsletter” for Summer 2013 includes information  on:
– EIB funding boost for Irish SMEs
– Small Business Finance options
– National Enterprise Week

MicroFinance Ireland

Categories: News, Other forms of Funding

A new goverment initiative called MicroFinance Ireland:

– Microfinance Ireland has been funded by the Irish Government to provide loans to newly established and growing microenterprises (turnover less than €2m; staff less than 10) across all industry sectors that do not meet the conventional risk criteria applied by banks.

– Up to a maximum of €25,000
– Administered n partnership with the County & City Enterprise Boards (a Best Practice under the Business Development Theme of  YSMEs)


More information:

Newsletter number 3, “Other forms of founding”, is now available.

Categories: Other forms of Funding

Newsletter number 3, “Other forms of funding“,  September 2013 is now available.

Funding SMEs – Valencia

Categories: Assistance with Public sector procurement, Business and Market Development, Cooperation among SMEs, Industry / Business linkages with Academic, Local Networking, Management, New Technologies / E-business, Other forms of Funding, Press - Tags: , ,

Young SMEs partners have come together to debate and exchange good practices on European and regional SMEs funding in Valencia.

Young SMEs seminar in Valencia

Three days program have allowed participants to present and discuss their own best practices on funding, as well as to assert that the European Union is on the good track prioritizing SMEs funding. Nevertheless, the partners have reinforced the need to focus on the three to five years old SMEs; since they are the weakest on the enterprise life cycle, although with the largest capacity to contribute to the economy development.

Santiago Donat during the Valencian good practice presentation


Going from general tools to more specific ones, including the European Bank of Investments; all speakers have contributed to give the audience, around a hundred attendants, an overview of the funding opportunities at European level.


 The host partner, the Department of European Projects and Funding (Valencian Regional Government), has chosen among its best practices to present the Credit line for Entrepreneurs of the Valencian Institute of Finance and to visit the City of Innovation, in particular the company Das Photonics.

Young SMEs members


 “Funding SMEs” seminar:


Access to funding

Opportunities for SMES

Financial instruments



Categories: Assistance with Public sector procurement, Business and Market Development, Cooperation among SMEs, Industry / Business linkages with Academic, Kick-Off Valencia, Local Networking, Management, New Technologies / E-business, News, Other, Other forms of Funding, Press


19-21 of February 2013 at Székesfehérvár, Hungary


Innovation Seminar

CTRIA gave a place for the first innovation seminar on the 19th-21st February 2013 in Székesfehérvár which was focused on SMEs&LocalNet.


The Central Transdanubian Regional Innovation Agency aims at supporting, coordinating regional innovation processes organizing innovation networks, and especially providing innovation and innovation support services in Central Transdanubian Region. Our services are primarily targeted at supporting small-and medium-size businesses, regional bridge-building and R&D organizations


Young SMEs Project. Other Forms of Funding

Categories: News, Other forms of Funding

Agenda – Project meeting in Valencia

Valencia, 19th, 20th and 21st of June 2013


Categories: Assistance with Public sector procurement, Business and Market Development, Cooperation among SMEs, Industry / Business linkages with Academic, Local Networking, Management, New Technologies / E-business, Other forms of Funding, Press

Falkirk has been selected to representScotlandin a pioneering cross-borders exchange initiative to help fledgling SMEs throughoutEurope.

The Interreg ‘Supporting Programmes for Young SMEs’ is a three year project that aims to strengthen and stimulate cooperation between regions in the European Union, and ultimately share good practices between participating countries.

The project will bring Falkirk together with 12 partner countries from all over Europe including Spain, Hungary, Germany, Lithuania, Poland and Belgium, who will work to exchange experience in support programmes for young SMEs and improve their survival rates.

Launched in 1989, Interreg is an initiative financed under the European Regional Development Fund (ERDF), and will see over 1000 project participants and up to 20 events take place at each partner’s headquarters over the next three years. As the only local authority inScotland to be selected,Falkirk will play host to the initiative’s partners at an event in September 2012.

Falkirk Council was selected to be a partner in the project through its delivery of the Business Gateway Contract on behalf of the Scottish Government for the Forth Valley area.   Falkirk Council also has a successful partnership with Falkirk for Business that enables businesses to receive funding advice, specialist business advice and enables local businesses to have a voice by providing the Falkirk Business panel.

The area’s economic development initiative My Future’s in Falkirk will lead on the partnership on behalf of Falkirk Council, which believes its involvement will strengthen Scotland’s contribution to the EU’s growth strategy for the coming decade, Europe 2020.

Falkirk Council’s Head of Economic Development and Environmental Services, Douglas Duff said: “Europe 2020 highlights the need to improve the environment for business inEurope, particularly for SMEs and to help them to sustain their business activity and compete globally. Our business support bodyFalkirkfor Business has been driving support and assistance to the business community for many years now, and the Interreg project will now compliment our Business Support Strategy and help us to develop this.

“The project will run till 2014, and throughout this period we will have the opportunity to share and indeed gain expertise from the existing business support structures for young SMEs in each country, and identifying the main problems that young businesses face.  This is an excellent opportunity forFalkirkand we look forward to working with our European counterparts.”

The recommendations from the project will be compiled over the next three years, with the ultimate objective being to create a “European Young SMEs Support Programme” that can

be delivered acrossEurope. In a practical sense, it aims to provide a tool kit that identifies the most effective ways of delivering support in the areas of business and market

development, cooperation among SMEs, management, SMEs & local networking and ICT funding.


Douglas Duff added: “With current economic conditions remaining uncertain, support for the survival of local businesses is extremely important. We want to keep our local businesses

sustainable, to help them grow, employ and export – to help them and to ultimately benefit the economy.  Our involvement in Interreg provides us with the opportunity to engage in a

new field of European trans-national activity, to establish new relationships and to learn from best practice acrossEuropeand benefit our local young SMEs.”

Note to Editors:


Interreg is an initiative that aims to stimulate cooperation between regions in the European Union. It started in 1989, and is financed under the European Regional Development Fund (ERDF). The current programme is Interreg IVC.

My Future’s in Falkirk

My Future’s in Falkirk is an innovative economic development initiative which is transforming theFalkirk area into a diverse and modern economy and a desirable place to work, live and visit.  Launched in 2002, My Future’s inFalkirk is a public and private sector partnership between Falkirk Council, BP and INEOS.

The area already makes a major contribution to the Scottish economy through its position as the hub of the chemicals industry, its extensive transportation links and its growing reputation as a tourism and leisure destination.

About Falkirk for Business:

Falkirkfor Business was formed in September 2009, merging the activities of Falkirk Enterprise Action Trust (FEAT), which has been delivering support to businesses in the Falkirk Area for over 26 years, and the Falkirk Business Panel.


Issued by Smarts on behalf of My Future’s in Falkirk

For further information please contact Lynne Hughes or Emma Diamond on 0141 222 2040 or e-mail

Press release




Categories: Cooperation among SMEs, Other forms of Funding

Reference: OC296 draft

Date: 30 July 2012




The business and education community of Oldham has played host to delegates from 30 partner countries from across Europe in an event to highlight how the town works with young Small and Medium Enterprises.


The Civic Centre welcomed delegates from nations including Spain, Greece, Malta and Germany to discover how Oldham helps SMEs that have existed for between 3 and 5 years to grow and develop.  This is one of a series of events taking place across Europe led by the European Regional Development Fund to provide examples of best practice that delegates can implement in their home countries.


The programme featured speakers from Oldham Council, including Leader of the Council, Cllr Jim McMahon, Michelle Carr, Assistant Executive Director Economic Development and Planning and Jon Bloor Head of the Economy and Skills Unit.


Looking at the contribution that green technology has been making towards business growth in the region was something John Eley who manages Oldham College’s Green Technology Centre spoke to the delegates about.


John says, “It was great to be able to explain the training and support that the College provides to companies in responding to the new business opportunities presented by the Low Carbon agenda. We can all see new technologies such as solar panels being fitted and the new Green Deal scheme in October will encourage even more business opportunity. We were able to discuss progress with colleagues from Europe with whom we can collaborate in future projects alongside Oldham Council.”


Attending the event, Ana Santillán Henríquez de Luna, a leader partner from Cámaras INCYDE Foundation describes Green Technology Centre as follows, “It was great to hear John speak about the Green Technology Centre and to have a chance to look around the facilities.  The delegates have found it very inspiring to hear what is being achieved by the team at Oldham College.”



For more information, please contact: Laura Sullivan / Nancy Collantine at Fido PR:

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Categories: Business and Market Development, Other forms of Funding

The South-East Regional Authority (SERA) recently hosted very
successful Interreg project meetings and a thematic seminar with
partners from across Europe over 2 days in Waterford City, June 13th &
14th . Held in Waterford City Hall, SERA was pleased to welcome
partners from Greece, Spain, Germany, Poland, Lithuania, Slovenia,
Hungary, England and Scotland to discuss and exchange knowledge
around the difficulties facing SMEs and micro-enterprises in Ireland and
across Europe. The Young SMEs project is an Interreg IVC EU project
funded under the European Regional Development Fund (ERDF),
concerned with developing strategies and instruments to support SMEs
particularly in their early years of operations and specifically in years 3
to 5 when many of the traditional supports dissipate. The ‘Young SME’
project, commenced earlier this year and will last up to 2014, and it is
hoped that will have a positive impact on SME competitiveness in the
The inaugural ‘Young SME’s’ thematic seminar was launched by
the Cathaoirleach of the South-East Regional Authority, Cllr. William
Quinn from Carlow, and included presentations on the South-East
region and the Regional Planning Guidelines 2010-2022 for the South-
East. The project partners were also addressed by the Mayor of
Waterford City, Cllr. Pat Hayes, and had the opportunity for detailed
discussions with the City Manager, Mr. Michael Walsh on the role of
Waterford city in the region and on the difficult environment for SMEs
in Waterford city. In addition, representatives from SEBIC and the
County Enterprise Boards also spoke about their roles in supporting and
developing SMEs in the South-East. The project groups were also
afforded the opportunity to visit the House of Waterford Crystal. In
concluding a very busy programme, partners visited the internationally
renowned ArcLabs Research & Innovation Centre at the WIT Campus in
Carriganore where they were met by ArcLabs Manager Tom Corcoran
and spoke with start-ups from the incubation unit including Conor Ryan
from BetaPond, and Eugene Crehan from SEEPP, presenting on ‘New
Frontiers’ a new entrepreneur development programme.
For further information contact:
– Mr. Terry O’Brien, EU Projects Officer, South-East Regional
Authority 052-

Young SMEs Waterford – Press Release



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