Compeititveness and Innovation Programme (CIP)

With small and medium-sized enterprises (SMEs) as its main target, the Competitiveness and Innovation Framework Programme (CIP) supports innovation activities (including eco-innovation), provides better access to finance and delivers business support services in the regions.

Competitiveness and Innovation Programme encourages a better take-up and use of information and communication technologies (ICT) and helps to develop the information society.It also promotes the increased use of renewable energies and energy efficiency.The CIP runs from 2007 to 2013 with an overall budget of € 3621 million.

The CIP is divided into three operational programmes. Each programme has its specific objectives, aimed at contributing to the competitiveness of enterprises and their innovative capacity in their own areas, such as ICT or sustainable energy:

  • The Entrepreneurship and Innovation Programme (EIP)
  • The Information Communication Technologies Policy Support Programme (ICT-PSP)
  • The Intelligent Energy Europe Programme (IEE)

Programme for the Competitiveness of enterprises and SMEs (COSME) 2014-2020

The new Programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises (COSME) will run from 2014 to 2020, with a planned budget of €2.5bn


  • facilitating access to finance for Small and Medium-sized Enterprises (SMEs)
  • creating an environment favourable to business creation and growth
  • encouraging an entrepreneurial culture in Europe
  • increasing the sustainable competitiveness of EU companies
  • helping small businesses operate outside their home countries and improving their access to markets

Expected results

  • easier access to finance for entrepreneurs and small businesses
  • more prominent role for self-employment and business development as important sources of growth and job creation
  • in individual EU countries: a more competitive industry, more entrepreneurs and higher employment rates.

Main beneficiaries

  • Existing entrepreneurs (small businesses in particular) - easier access to funding for development, consolidation and growth of their business.
  • Future entrepreneurs (including young people) - assistance in setting up their own business.
  • National, regional and local authorities - tools for effectively reforming policy: reliable, EU wide data and statistics, best practice and financial support to test and scale up sustainable solutions for improving global competitiveness.

Impact on competitiveness of businesses large and small

COSME is expected to contribute to an annual increase of €1.1bn in the EU's GDP.The Enterprise Europe Network is expected to assist 40,000 companies with partnership agreements, resulting in:

  • 1,200 new business products, services or processes annually
  • €400mn annually in additional turnover for assisted companies.

Access to finance will be easier for entrepreneurs, in particular those willing to launch cross-border activities, resulting in an expected annual increase of €3.5bn in additional lending and/or investment for EU companies.

What happens now?

The Commission's proposal will be discussed by the European Parliament and the Council, which must agree to adopt it. COSME should start on 1 January 2014.

Source: http://ec.europa.eu/cip/index_en.htm


September 2017
Mon Tue Wed Thu Fri Sat Sun
South Poland House in Brussels
Śląskie - pozytywna energia
Invest in Silesia
Silesian Investor Assistance Center

Regional Office of Silesia in Brussels
Rue du Luxembourg, 3, 3rd floor, 1000 Bruxelles e-mail: brws.bruksela@silesia-region.pl