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News article12 September 2022

Weekly digest - EU news for businesses 18/12/2017

Funds, new policies and engagement opportunities: a weekly summary of the most relevant news for small businesses – from EU official sources.

EU news for businesses

Events to look out for

Organise an event for Industry Week 2018. The European Commission (EC) is organising a second 'European Industry Day' on 22-23 February 2018 in Brussels. To accompany the event, a series of local events will take place across Europe during the same week as part of 'Industry Week'. Stakeholders from any sector of industry, research and innovation are now invited to submit their proposals for organising a local event.

Funding available

European Commission challenges researchers and innovators to turn sunlight into sustainable fuel. The Commission launched a competition on artificial photosynthesis. A EUR 5 million award will go to the best prototype that produces sustainable fuel by combining sunlight, water and carbon from the air.

European Union boosts support for Ukrainian SMEs. The European Investment Bank (EIB) and the European Investment Fund (EIF) have signed a guarantee agreement with Oschadbank to support EUR 50m of lending to small and medium-sized enterprises (SMEs) in Ukraine.This agreement will enable Oschadbank to facilitate access to finance for local SMEs by providing a 70% guarantee on each loan.

EU policies for better business

European Commission announces new tax guidelines to make life easier for cross-border investors. The European Commission has put forward new guidelines on withholding taxes to help Member States reduce costs and simplify procedures for cross-border investors in the EU. The new Code of Conduct offers solutions for investors who end up paying taxes twice on the income they receive from cross-border investments.

Get involved

Call for applications: EU offers tailor-made support to regions undergoing industrial transition. The Commission is now calling on regions undergoing a period of transition to express their interest in receiving tailor-made support from Europe in order to build robust economies and modernise their industries.

Targeted consultation on the scope and structure of a guide on socially responsible public procurement. The European Commission is looking to create a guide on socially responsible EU Public Procurement and would like to hear from you. What type of guidance should be published and how to make the best use of collected good practice? Have your say until the 1 March 2018.