Enterprise Europe Network

Weekly digest - EU news for businesses 19/06/2019

Events to look out for

Blue Bioeconomy Forum – 25 June, Brussels (BE). At this one-day event participants will learn about the development of blue bioeconomy and have the opportunity to discuss the topic with EU Commissioner Karmenu Vella.

Webinar: How canEuropean SMEs in China, South-East Asia and Latin AmericaEuropean SMEs in China, South-East Asia and Latin Americtake advantage of the Patent Cooperation Treaty (PCT)? – 28 June, 10:00 CET. Join this webinar on PCT to learn more about the advantages and disadvantages of the PCT. IPR experts will equip participants with tips and recommendations on how to utilise the PCT to manage your company’s patent portfolio in developing markets.


Funds available

EU supports small and medium-sized enterprises (SMEs) and mid-caps in Faroe Islands and Greenland. BankNordik P/F has entered into an agreement with the European Investment Fund (EIF) that will allow BankNordik to issue up to DKK 300 million of new loans under more favourable conditions to local SMEs and small mid-caps. The guarantee also translates into a better financing rate for the borrower.

EIF and aws extend guarantee agreement to provide additional financing for SMEs in Austria. More than 2,000 small businesses will benefit from new loans thanks to a deal signed last week between the European Investment Fund and Austria’s national promotional bank, Austria Wirtschaftsservice (aws). Under the agreement, aws offers guarantees, backed by EU counter-guarantees, for bank loans (including working capital loans) and for leasing and other debt financing. The agreement will provide additional financing of more than EUR 160 million at favorable conditions to over 2,000 SMEs in Austria.

EU policies for better business

A step forward for EU businesses selling online. Last week the European Council adopted new rules to improve transparency and fairness for businesses, including SMEs that use online platforms to sell their products or services.

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Updated on 19 June 2019