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### in addition to the forms of expression referred to in article&#160 ; 31 and , the nutrition declaration may be given by other forms of expression provided that the following essential requirements are met : the form of expression aims to facilitate consumer understanding of the contribution or importance of the food to the energy and nutrient content of a diet ; and it is based either on harmonised reference intakes , or in their absence , on generally accepted scientific advice on intakes for energy or nutrients ; and it is supported by evidence of understanding of and use of the presentation of the information by the average consumer . 2 . such additional forms of expression referred to in paragraph 1 shall be identified under a national scheme referred to in article 44 . ### in addition to the forms of expression referred to in article&#160 ; 31 and , the nutrition declaration may be given by graphic forms of expression provided that the following essential requirements are met : the form of expression aims to facilitate consumer understanding of the contribution or importance of the food to the energy and nutrient content of a diet ; and it is based on the reference intakes indicated in annex xi , part b , in relation to 100 g or 100 ml . if a product is prepacked as an individual portion or if it is supplied in quantities of less than 100 g / ml , an indication per portion relating to the quantity supplied shall be sufficient . in the absence of such reference intakes , the nutrition declaration is based on generally accepted scientific advice on intakes for energy or nutrients and it is supported by evidence of understanding of and use of the presentation of the information by the average consumer . 2 . model graphic presentations are shown in annex xiii , part ca .

### the mandatory nutrition declaration shall be expressed , as appropriate , as a percentage of the reference intakes set out in part b of annex xi in relation to per 100 g or per 100 ml or per portion . when provided , the declaration on vitamins and minerals shall also be expressed as a percentage of the reference intakes set out in point 1 of part a of annex xi . ### the nutrition declaration for the following nutritional values shall in addition be expressed , as appropriate , as a percentage of the reference intakes set out in part b of annex xi in relation to per 100 g or per 100 ml or , pursuant to article 31 , per portion . when provided , the declaration on vitamins and minerals shall also be expressed as a percentage of the reference intakes set out in point 1 of part a of annex xi .

### the mandatory nutrition declaration shall be expressed , as appropriate , as a percentage of the reference intakes set out in part b of annex xi in relation to per 100 g or per 100 ml or per portion . when provided , the declaration on vitamins and minerals shall also be expressed as a percentage of the reference intakes set out in point 1 of part a of annex xi . ### the nutrition declaration for the following nutritional values shall in addition be expressed , as appropriate , as a percentage of the reference intakes set out in part b of annex xi in relation to per 100 g or per 100 ml or , pursuant to article 31 , per portion . when provided , the declaration on vitamins and minerals shall also be expressed as a percentage of the reference intakes set out in point 1 of part a of annex xi .

### in addition to the forms of expression referred to in article&#160 ; 31 and , the nutrition declaration may be given by other forms of expression provided that the following essential requirements are met : the form of expression aims to facilitate consumer understanding of the contribution or importance of the food to the energy and nutrient content of a diet ; and it is based either on harmonised reference intakes , or in their absence , on generally accepted scientific advice on intakes for energy or nutrients ; and it is supported by evidence of understanding of and use of the presentation of the information by the average consumer . 2 . such additional forms of expression referred to in paragraph 1 shall be identified under a national scheme referred to in article 44 . ### in addition to the forms of expression referred to in article&#160 ; 31 and , the nutrition declaration may be given by graphic forms of expression provided that the following essential requirements are met : the form of expression aims to facilitate consumer understanding of the contribution or importance of the food to the energy and nutrient content of a diet ; and it is based on the reference intakes indicated in annex xi , part b , in relation to 100 g or 100 ml . if a product is prepacked as an individual portion or if it is supplied in quantities of less than 100 g / ml , an indication per portion relating to the quantity supplied shall be sufficient . in the absence of such reference intakes , the nutrition declaration is based on generally accepted scientific advice on intakes for energy or nutrients and it is supported by evidence of understanding of and use of the presentation of the information by the average consumer . 2 . model graphic presentations are shown in annex xiii , part ca .

### without prejudice to specific community legislation applicable to particular foods as regards to the requirements referred to in article 9 to , when appearing on the package or on the label attached thereto , the mandatory particulars listed in article&#160 ; 9 shall be printed on the package or on the label in characters of a font size of at least 3mm and shall be presented in a way so as to ensure a significant contrast between the print and background . ### without prejudice to specific community legislation applicable to particular foods as regards to the requirements referred to in article 9 to , the mandatory particulars listed in article 9 shall appear on the package or on the label in a manner which ensures the legibility thereof . in a consultation procedure with representatives of the relevant interest groups , the european commission shall draw up binding rules governing the legibility of food information for consumers . those measures designed to amend non - essential elements of this regulation by supplementing it shall be adopted , in accordance with the regulatory procedure with scrutiny referred to in article 49 .

### in addition to the forms of expression referred to in article&#160 ; 31 and , the nutrition declaration may be given by other forms of expression provided that the following essential requirements are met : the form of expression aims to facilitate consumer understanding of the contribution or importance of the food to the energy and nutrient content of a diet ; and it is based either on harmonised reference intakes , or in their absence , on generally accepted scientific advice on intakes for energy or nutrients ; and it is supported by evidence of understanding of and use of the presentation of the information by the average consumer . 2 . such additional forms of expression referred to in paragraph 1 shall be identified under a national scheme referred to in article 44 . ### in addition to the forms of expression referred to in article&#160 ; 31 and , the nutrition declaration may be given by graphic forms of expression provided that the following essential requirements are met : the form of expression aims to facilitate consumer understanding of the contribution or importance of the food to the energy and nutrient content of a diet ; and it is based on the reference intakes indicated in annex xi , part b , in relation to 100 g or 100 ml . if a product is prepacked as an individual portion or if it is supplied in quantities of less than 100 g / ml , an indication per portion relating to the quantity supplied shall be sufficient . in the absence of such reference intakes , the nutrition declaration is based on generally accepted scientific advice on intakes for energy or nutrients and it is supported by evidence of understanding of and use of the presentation of the information by the average consumer . 2 . model graphic presentations are shown in annex xiii , part ca .

### in addition to the forms of expression referred to in article&#160 ; 31 and , the nutrition declaration may be given by other forms of expression provided that the following essential requirements are met : the form of expression aims to facilitate consumer understanding of the contribution or importance of the food to the energy and nutrient content of a diet ; and it is based either on harmonised reference intakes , or in their absence , on generally accepted scientific advice on intakes for energy or nutrients ; and it is supported by evidence of understanding of and use of the presentation of the information by the average consumer . 2 . such additional forms of expression referred to in paragraph 1 shall be identified under a national scheme referred to in article 44 . ### in addition to the forms of expression referred to in article&#160 ; 31 and , the nutrition declaration may be given by graphic forms of expression provided that the following essential requirements are met : the form of expression aims to facilitate consumer understanding of the contribution or importance of the food to the energy and nutrient content of a diet ; and it is based on the reference intakes indicated in annex xi , part b , in relation to 100 g or 100 ml . if a product is prepacked as an individual portion or if it is supplied in quantities of less than 100 g / ml , an indication per portion relating to the quantity supplied shall be sufficient . in the absence of such reference intakes , the nutrition declaration is based on generally accepted scientific advice on intakes for energy or nutrients and it is supported by evidence of understanding of and use of the presentation of the information by the average consumer . 2 . model graphic presentations are shown in annex xiii , part ca .

### in addition to the forms of expression referred to in article&#160 ; 31 and , the nutrition declaration may be given by other forms of expression provided that the following essential requirements are met : the form of expression aims to facilitate consumer understanding of the contribution or importance of the food to the energy and nutrient content of a diet ; and it is based either on harmonised reference intakes , or in their absence , on generally accepted scientific advice on intakes for energy or nutrients ; and it is supported by evidence of understanding of and use of the presentation of the information by the average consumer . 2 . such additional forms of expression referred to in paragraph 1 shall be identified under a national scheme referred to in article 44 . ### in addition to the forms of expression referred to in article&#160 ; 31 and , the nutrition declaration may be given by graphic forms of expression provided that the following essential requirements are met : the form of expression aims to facilitate consumer understanding of the contribution or importance of the food to the energy and nutrient content of a diet ; and it is based on the reference intakes indicated in annex xi , part b , in relation to 100 g or 100 ml . if a product is prepacked as an individual portion or if it is supplied in quantities of less than 100 g / ml , an indication per portion relating to the quantity supplied shall be sufficient . in the absence of such reference intakes , the nutrition declaration is based on generally accepted scientific advice on intakes for energy or nutrients and it is supported by evidence of understanding of and use of the presentation of the information by the average consumer . 2 . model graphic presentations are shown in annex xiii , part ca .

### member states shall ensure that at each airport a compulsory and regular procedure for consultation between the airport managing body and airport users is established with respect to the operation of the system of security charges and the level of such charges . that consultation shall take place at least once a year . ### member states shall ensure that a compulsory procedure for regular consultation between the competent body and airport users or the representatives or associations of airport users and the associations of air passengers is established with respect to the operation of the system of security charges and the level of such charges . such consultation shall take place at least once a year , unless agreed otherwise in the latest consultation . where a multi - annual agreement between the competent body and the airport users exists , the consultations shall take place as provided for in such agreement . member states shall retain the right to request more frequent consultations .

### member states shall ensure that at each airport a compulsory and regular procedure for consultation between the airport managing body and airport users is established with respect to the operation of the system of security charges and the level of such charges . that consultation shall take place at least once a year . ### member states shall ensure that a compulsory procedure for regular consultation between the competent body and airport users or the representatives or associations of airport users and the associations of air passengers is established with respect to the operation of the system of security charges and the level of such charges . such consultation shall take place at least once a year , unless agreed otherwise in the latest consultation . where a multi - annual agreement between the competent body and the airport users exists , the consultations shall take place as provided for in such agreement . member states shall retain the right to request more frequent consultations .

### member states shall ensure that at each airport a compulsory and regular procedure for consultation between the airport managing body and airport users is established with respect to the operation of the system of security charges and the level of such charges . that consultation shall take place at least once a year . ### member states shall ensure that a compulsory procedure for regular consultation between the competent body and airport users or the representatives or associations of airport users and the associations of air passengers is established with respect to the operation of the system of security charges and the level of such charges . such consultation shall take place at least once a year , unless agreed otherwise in the latest consultation . where a multi - annual agreement between the competent body and the airport users exists , the consultations shall take place as provided for in such agreement . member states shall retain the right to request more frequent consultations .

### member states shall ensure that the airport managing body provides each airport user and the representatives or associations of airport users , once a year , with information on the components serving as a basis for determining the level of all security charges levied at the airport . this information shall at least include : ### member states shall ensure that the competent body provides each airport user , or the representatives or associations of airport users , every time consultations as referred to in article 4 are to be held , with information on the components serving as a basis for determining the structure or the level of all security charges levied under its responsibility . the information shall at least include :

### member states shall ensure that at each airport a compulsory and regular procedure for consultation between the airport managing body and airport users is established with respect to the operation of the system of security charges and the level of such charges . that consultation shall take place at least once a year . ### member states shall ensure that a compulsory procedure for regular consultation between the competent body and airport users or the representatives or associations of airport users and the associations of air passengers is established with respect to the operation of the system of security charges and the level of such charges . such consultation shall take place at least once a year , unless agreed otherwise in the latest consultation . where a multi - annual agreement between the competent body and the airport users exists , the consultations shall take place as provided for in such agreement . member states shall retain the right to request more frequent consultations .

### member states shall ensure that the airport managing body provides each airport user and the representatives or associations of airport users , once a year , with information on the components serving as a basis for determining the level of all security charges levied at the airport . this information shall at least include : ### member states shall ensure that the competent body provides each airport user , or the representatives or associations of airport users , every time consultations as referred to in article 4 are to be held , with information on the components serving as a basis for determining the structure or the level of all security charges levied under its responsibility . the information shall at least include :

### it is vital for airport users to obtain from the airport managing body , on a regular basis , information on how and on what basis aviation security charges are calculated . this information will provide air carriers with an insight into the costs incurred by providing security services and the productivity of related investments . to allow an airport managing body to properly assess the requirements with regard to its future investments , the airport users should be required to share all their operational forecasts , developments projects and specific demands and wishes with the airport managing body on a timely basis . ### it is vital for airport users to obtain from the body setting or applying the charges , on a regular basis , information on how and on what basis aviation security charges are calculated . this information will provide airport users with an insight into the costs incurred by providing security services such as referred to in regulation no 300 / 2008 of 11 march 2008 on common rules in the field of civil aviation security and repealing regulation no 2320 / 20021 and its implementing rules , the productivity of related investments and any grants and subsidies allocated by the authorities for security purposes . to allow the competent body setting or applying the charges to properly assess the requirements with regard to its future investments , airport users should be required to share all their operational forecasts , developments projects and specific demands and wishes with the competent body on a timely basis __________________ 1 oj l 97 , 9 . 4 . 2008 , p . 72 .

### member states shall ensure that at each airport a compulsory and regular procedure for consultation between the airport managing body and airport users is established with respect to the operation of the system of security charges and the level of such charges . that consultation shall take place at least once a year . ### member states shall ensure that a compulsory procedure for regular consultation between the competent body and airport users or the representatives or associations of airport users and the associations of air passengers is established with respect to the operation of the system of security charges and the level of such charges . such consultation shall take place at least once a year , unless agreed otherwise in the latest consultation . where a multi - annual agreement between the competent body and the airport users exists , the consultations shall take place as provided for in such agreement . member states shall retain the right to request more frequent consultations .

### member states shall ensure that the airport managing body provides each airport user and the representatives or associations of airport users , once a year , with information on the components serving as a basis for determining the level of all security charges levied at the airport . this information shall at least include : ### member states shall ensure that the competent body provides each airport user , or the representatives or associations of airport users , every time consultations as referred to in article 4 are to be held , with information on the components serving as a basis for determining the structure or the level of all security charges levied under its responsibility . the information shall at least include :

### before adopting more stringent measures pursuant to article 6 of regulation no 300 / 2008 , member states shall undertake an impact assessment with regard to the effects on the level of security charges . with regard to more stringent national measures already existing on [ the date of entry into force of this directive ] , member states shall undertake impact assessments during a transitional period of three years from the date of entry into force of this directive . ### the additional costs of implementing more stringent measures pursuant to article 6 of regulation no 300 / 2008 shall be borne by the member states .

### before adopting more stringent measures pursuant to article 6 of regulation no 300 / 2008 , member states shall undertake an impact assessment with regard to the effects on the level of security charges . with regard to more stringent national measures already existing on [ the date of entry into force of this directive ] , member states shall undertake impact assessments during a transitional period of three years from the date of entry into force of this directive . ### the additional costs of implementing more stringent measures pursuant to article 6 of regulation no 300 / 2008 shall be borne by the member states .

### impact assessments of union measures of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , or areas in which new legislative measures need to be proposed ; ### fitness checks of existing legislation and impact assessments of new union measures that are of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified or where sme specific exemptions can be applied , and to ensure that burdens on smes are minimised in areas in which new legislative measures need to be proposed ;

### impact assessments of union measures of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , or areas in which new legislative measures need to be proposed ; ### fitness checks of existing legislation and impact assessments of new union measures that are of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified or where sme specific exemptions can be applied , and to ensure that burdens on smes are minimised in areas in which new legislative measures need to be proposed ;

### support for sme policy development and cooperation between policy makers , particularly with a view to improving the ease - of - access to programmes and measures for smes . ### support for evidence - based sme policy development and cooperation between policy makers and with sme representative organisations , particularly with a view to improving the ease - of - access to programmes and measures for smes and reducing their administrative burden .

### impact assessments of union measures of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , or areas in which new legislative measures need to be proposed ; ### fitness checks of existing legislation and impact assessments of new union measures that are of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , and ensuring that burdens on smes are minimised in areas in which new legislative measures are being proposed ;

### impact assessments of union measures of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , or areas in which new legislative measures need to be proposed ; ### fitness checks of existing legislation and impact assessments of new union measures that are of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , and ensuring that burdens on smes are minimised in areas in which new legislative measures are being proposed ;

### the financial instruments for growth - oriented smes may , where appropriate , be combined with other financial instruments established by member states and their managing authorities in accordance with [ article 33 of regulation no xxx / 201x [ new regulation on structural funds ] ] , and grants funded from the union , including under this regulation . ### the financial instruments for smes may , where appropriate , be combined with other financial instruments established by member states and their managing authorities in accordance with [ article 33 of regulation no xxx / 201x [ new regulation on structural funds ] ] , and grants funded from the union , including under this regulation .

### the financial instruments for growth - oriented smes may , where appropriate , be combined with other financial instruments established by member states and their managing authorities in accordance with [ article 33 of regulation no xxx / 201x [ new regulation on structural funds ] ] , and grants funded from the union , including under this regulation . ### the financial instruments for smes may , where appropriate , be combined with other financial instruments established by member states and their managing authorities in accordance with [ article 33 of regulation no xxx / 201x [ new regulation on structural funds ] ] , and grants funded from the union , including under this regulation .

### strengthening the competitiveness and sustainability of the union ' s enterprises including in the tourism sector ; ### strengthening the sustainable competitiveness of the union ' s enterprises , in particular smes ;

### strengthening the competitiveness and sustainability of the union ' s enterprises including in the tourism sector ; ### strengthening the sustainable competitiveness of the union ' s enterprises , in particular smes ;

### strengthening the competitiveness and sustainability of the union ' s enterprises including in the tourism sector ; ### strengthening the sustainable competitiveness of the union ' s enterprises , in particular smes ;

### to improve framework conditions for the competitiveness and sustainability of union enterprises including in the tourism sector ; ### to improve framework conditions for the sustainable competitiveness of union enterprises ;

### to improve framework conditions for the competitiveness and sustainability of union enterprises including in the tourism sector ; ### to improve framework conditions for the sustainable competitiveness of union enterprises ;

### to improve framework conditions for the competitiveness and sustainability of union enterprises including in the tourism sector ; ### to improve framework conditions for the sustainable competitiveness of union enterprises ;

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . when implementing the programme , the commission should closely involve relevant stakeholders , in particular sme representative organisations , using existing structures to the greatest extent possible . particular attention should be paid to micro enterprises , enterprises engaged in craft activities , the self - employed , liberal professions and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . when implementing the programme , the commission should closely involve relevant stakeholders , in particular sme representative organisations , using existing structures to the greatest extent possible . particular attention should be paid to micro enterprises , enterprises engaged in craft activities , the self - employed , liberal professions and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the commission shall support actions which aim to improve access to finance for smes in their start - up and growth phases , being complementary to the member states ' use of financial instruments for smes at national and regional level . in order to ensure complementarity , these actions will be closely coordinated with those undertaken in the framework of cohesion policy and at national level . such actions shall aim to stimulate the supply of both equity and debt finance . ### the commission shall support actions which aim to improve access to finance for smes in their start - up , growth and transfer phases , being complementary to the member states ' use of financial instruments for smes at national and regional level . in order to ensure complementarity , these actions will be closely coordinated with those undertaken in the framework of cohesion policy , horizon 2020 and at national or regional level . such actions shall aim to stimulate the supply of both equity and debt finance .

### the commission may support actions to improve smes access to the single market including information provision and awareness - raising . ### the commission may support actions to improve smes access to the single market including information provision , creating platforms and awareness - raising .

### in order to contribute to the reinforcement of competitiveness and sustainability of union enterprises , in particular smes , the advancement of the knowledge society , and development based on balanced economic growth , a programme for the competitiveness of enterprises and smes should be established . ### in order to contribute to the reinforcement of sustainable competitiveness of union enterprises , in particular smes , to encourage an entrepreneurial culture and to promote the creation and growth of smes , a programme for the competitiveness of enterprises and smes should be established .

### financial instruments under the programme shall be operated with the aim of facilitating access to finance for growth - oriented smes . the financial instruments shall include an equity facility and a loan guarantee facility . ### financial instruments under the programme shall be operated with the aim of facilitating access to finance for smes in their start - up , growth and transfer phases . the financial instruments shall include an equity facility and a loan guarantee facility . the allocation of funds to different facilities shall be based on market demand and take account of opinions of sme representative organisations .

### financial instruments under the programme shall be operated with the aim of facilitating access to finance for growth - oriented smes . the financial instruments shall include an equity facility and a loan guarantee facility . ### financial instruments under the programme shall be operated with the aim of facilitating access to finance for smes in their start - up , growth and transfer phases . the financial instruments shall include an equity facility and a loan guarantee facility . the allocation of funds to different facilities shall be based on market demand and take account of opinions of sme representative organisations .

### financial instruments under the programme shall be operated with the aim of facilitating access to finance for growth - oriented smes . the financial instruments shall include an equity facility and a loan guarantee facility . ### financial instruments under the programme shall be operated with the aim of facilitating access to finance for smes in their start - up , growth and transfer phases . the financial instruments shall include an equity facility and a loan guarantee facility . the allocation of funds to different facilities shall be based on market demand and take account of opinions of sme representative organisations .

### financial instruments under the programme shall be operated with the aim of facilitating access to finance for growth - oriented smes . the financial instruments shall include an equity facility and a loan guarantee facility . ### financial instruments under the programme shall be operated with the aim of facilitating access to finance for smes in their start - up , growth and transfer phases . the financial instruments shall include an equity facility and a loan guarantee facility . the allocation of funds to different facilities shall be based on market demand and take account of opinions of sme representative organisations .

### another factor which affects competitiveness is the relatively weak entrepreneurial spirit in the union . only 45% of the union citizens would like to be self - employed as compared to 55% of the population in the united states and 71% in china . demonstration and catalytic effects , for example european awards and conferences , as well as coherence and consistency enhancing measures such as benchmarking and exchanges of best practices provide a high european added value . ### another factor which affects competitiveness is the relatively weak entrepreneurial spirit in the union . only 45% of the union citizens would like to be self - employed as compared to 55% of the population in the united states and 71% in china . according to the sba , a business environment favourable to entrepreneurship must provide good framework conditions for all situations that entrepreneurs face , including start - up , growth , transfer and bankruptcy . coherence and consistency enhancing measures such as benchmarking and exchanges of best practices provide a high european added value .

### the commission may support initiatives accelerating the emergence of competitive industries based on cross - sectoral activities in areas characterised by a high proportion of smes and with a high contribution to the union ' s gdp . such initiatives shall stimulate development of new markets and the supply of goods and services based on the most competitive business models or on modified value - chains . they shall include initiatives to enhance productivity , resource efficiency , sustainability and corporate social responsibility . ### the commission shall support cross - sectoral initiatives accelerating the emergence of competitive industries . such initiatives shall stimulate development of new markets and the supply of goods and services based on the most competitive business models , improved products and processes , changed organisational structures or modified value - chains . they shall include initiatives to enhance productivity , sustainability , in particular resource and energy efficiency , and corporate social responsibility . the commission may also support sector - specific activities for those purposes , in areas characterised by a high proportion of smes and with a high contribution to the union ' s gdp , such as the tourism sector , where an added value at union level can be demonstrated .

### the commission adopted the communication ' europe 2020 - a strategy for smart , sustainable and inclusive growth ' in march 2010 . the communication was endorsed by the european council of june 2010 . the europe 2020 strategy responds to the economic crisis and is intended to prepare europe for the next decade . it sets five ambitious objectives on climate and energy , employment , innovation , education and social inclusion to be reached by 2020 and identifies key drivers for growth , which aim at making europe more dynamic and competitive . it also emphasises the importance of reinforcing the growth of the european economy while delivering high levels of employment , a low carbon , resource and energy - efficient economy and social cohesion . ### the commission adopted the communication ' europe 2020 - a strategy for smart , sustainable and inclusive growth ' in march 2010 . the communication was endorsed by the european council of june 2010 . the europe 2020 strategy responds to the economic crisis and is intended to prepare europe for the next decade . it sets five ambitious objectives on climate and energy , employment , innovation , education and social inclusion to be reached by 2020 and identifies key drivers for growth , which aim at making europe more dynamic and competitive . it also emphasises the importance of reinforcing the growth of the european economy while delivering high levels of employment , a low carbon , resource and energy - efficient economy and social cohesion . small and medium - sized enterprises should play a crucial role in reaching the europe 2020 objectives . their role is reflected by the fact that smes are mentioned in six out of seven of its flagship initiatives .

### measures to improve the design , implementation and evaluation of policies affecting the competitiveness and sustainability of enterprises , including disaster resilience , and to secure the development of appropriate infrastructures , world class clusters and business networks , framework conditions and development of sustainable products , services and processes ; ### measures to improve the design , implementation and evaluation of policies affecting the sustainable competitiveness of enterprises and to support business networks , the transnational operation of clusters and the development of sustainable products , services and processes ;

### the enterprise europe network has proven its added value for european smes as a one - stop - shop for business support by helping enterprises to improve their competitiveness and explore business opportunities in the single market and beyond . the streamlining of methodologies and working methods and provisions of a european dimension to business support services can only be achieved at union level . in particular , the network has helped smes to find cooperation or technology transfer partners , get advice on sources of financing , and on intellectual property and on eco - innovation and sustainable production . it has also obtained feedback on union legislation and standards . its unique expertise is particularly important in overcoming information asymmetries and alleviating transaction costs associated with cross - border transactions . ### the enterprise europe network has proven its added value for european smes as a one - stop - shop for business support by helping enterprises to improve their competitiveness and explore business opportunities in the single market and beyond . the streamlining of methodologies and working methods and provisions of a european dimension to business support services can only be achieved at union level . in particular , the network has helped smes to find cooperation or technology transfer partners , get advice on sources of financing , and on intellectual property and on eco - innovation and sustainable production . it has also obtained feedback on union legislation and standards . its unique expertise is particularly important in overcoming information asymmetries and alleviating transaction costs associated with cross - border transactions . nevertheless , the performance of the network should be further optimised , notably by achieving closer cooperation between the network and the national contact points of horizon 2020 , further integrating internationalisation and innovation services , enhancing cooperation of the network with other stakeholders and already existing support structures , increasing consultations of host organisations , reducing bureaucracy , improving it support and enhancing the profile of the network . with a view to further improving the performance of the network , the commission should take stock of the different governance structures across the eu in collaboration with sme organisations and innovation agencies . the tasks of the network should be laid down in the programme , including information , feedback , business cooperation and internationalisation services in the single market and in third countries , innovation services and services encouraging participation of smes in horizon 2020 .

### the enterprise europe network has proven its added value for european smes as a one - stop - shop for business support by helping enterprises to improve their competitiveness and explore business opportunities in the single market and beyond . the streamlining of methodologies and working methods and provisions of a european dimension to business support services can only be achieved at union level . in particular , the network has helped smes to find cooperation or technology transfer partners , get advice on sources of financing , and on intellectual property and on eco - innovation and sustainable production . it has also obtained feedback on union legislation and standards . its unique expertise is particularly important in overcoming information asymmetries and alleviating transaction costs associated with cross - border transactions . ### the enterprise europe network has proven its added value for european smes as a one - stop - shop for business support by helping enterprises to improve their competitiveness and explore business opportunities in the single market and beyond . the streamlining of methodologies and working methods and provisions of a european dimension to business support services can only be achieved at union level . in particular , the network has helped smes to find cooperation or technology transfer partners , get advice on sources of financing , and on intellectual property and on eco - innovation and sustainable production . it has also obtained feedback on union legislation and standards . its unique expertise is particularly important in overcoming information asymmetries and alleviating transaction costs associated with cross - border transactions . nevertheless , the performance of the network should be further optimised , notably by achieving closer cooperation between the network and the national contact points of horizon 2020 , further integrating internationalisation and innovation services , enhancing cooperation of the network with other stakeholders and already existing support structures , increasing consultations of host organisations , reducing bureaucracy , improving it support and enhancing the profile of the network . with a view to further improving the performance of the network , the commission should take stock of the different governance structures across the eu in collaboration with sme organisations and innovation agencies . the tasks of the network should be laid down in the programme , including information , feedback , business cooperation and internationalisation services in the single market and in third countries , innovation services and services encouraging participation of smes in horizon 2020 .

### the competitiveness policy of the union is intended to put into place the institutional and policy arrangements that create conditions under which enterprises can grow in a sustainable way . improved productivity is the dominant source of sustainable income growth , which in turn contributes to improvements in living standards . competitiveness also depends on companies ' ability to take full advantage of opportunities such as the european single market . this is especially important for smes , which account for 99% of the enterprises in the union , provide two out of three existing jobs in the private sector , and 80 % of newly - created jobs , and contribute with more than half of the total value - added created by enterprises in the union . smes are a key driver for economic growth , employment and social integration . ### the competitiveness policy of the union is intended to put into place the institutional and policy arrangements that create conditions under which enterprises can grow in a sustainable way . sustainable competitiveness reflects the ability to achieve and maintain the economic competitiveness of industry in accordance with sustainable development objectives . improved productivity is the dominant source of sustainable income growth , which in turn contributes to improvements in living standards . competitiveness also depends on companies ' ability to take full advantage of opportunities such as the european single market . this is especially important for smes , which account for 99% of the enterprises in the union , provide two out of three existing jobs in the private sector , and 80 % of newly - created jobs , and contribute with more than half of the total value - added created by enterprises in the union . smes are a key driver for economic growth , employment and social integration .

### impact assessments of union measures of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , or areas in which new legislative measures need to be proposed ; ### ‘ fitness checks’ of existing legislation and impact assessments of union measures of particular relevance for the competitiveness and growth of enterprises , and in particular smes , with a view to identifying areas of existing legislation that need to be simplified or repealed and to ensure that burdens on smes are minimised in areas in which new legislative measures are proposed ;

### to improve the competitiveness of european enterprises , notably smes , the member states and the commission need to create a favourable business environment . the interests of smes and the sectors in which they are most active need particular attention . initiatives at union level are necessary in order to develop a level playing field for smes and to exchange information and knowledge on a european scale . ### to improve the competitiveness of european enterprises , notably smes , the member states and the commission need to create a favourable business environment in accordance with the principles of the sba . initiatives at union level are necessary in order to develop a level playing field for smes and to exchange information and knowledge on a european scale .

### to improve the competitiveness of european enterprises , notably smes , the member states and the commission need to create a favourable business environment . the interests of smes and the sectors in which they are most active need particular attention . initiatives at union level are necessary in order to develop a level playing field for smes and to exchange information and knowledge on a european scale . ### to improve the competitiveness of european enterprises , notably smes , the member states and the commission need to create a favourable business environment in accordance with the principles of the sba . initiatives at union level are necessary in order to develop a level playing field for smes and to exchange information and knowledge on a european scale .

### measures to improve the design , implementation and evaluation of policies affecting the competitiveness and sustainability of enterprises , including disaster resilience , and to secure the development of appropriate infrastructures , world class clusters and business networks , framework conditions and development of sustainable products , services and processes ; ### measures to improve the design , implementation and evaluation of policies affecting the sustainable competitiveness of enterprises and to support business networks , the transnational operation of clusters and the development of sustainable products , services and processes ;

### measures to improve the design , implementation and evaluation of policies affecting the competitiveness and sustainability of enterprises , including disaster resilience , and to secure the development of appropriate infrastructures , world class clusters and business networks , framework conditions and development of sustainable products , services and processes ; ### measures to improve the design , implementation and evaluation of policies affecting the sustainable competitiveness of enterprises and to support business networks , the transnational operation of clusters and the development of sustainable products , services and processes ;

### measures to improve the design , implementation and evaluation of policies affecting the competitiveness and sustainability of enterprises , including disaster resilience , and to secure the development of appropriate infrastructures , world class clusters and business networks , framework conditions and development of sustainable products , services and processes ; ### measures to improve the design , implementation and evaluation of policies affecting the sustainable competitiveness of enterprises and to support business networks , the transnational operation of clusters and the development of sustainable products , services and processes ;

### financial instruments under the programme shall be operated with the aim of facilitating access to finance for growth - oriented smes . the financial instruments shall include an equity facility and a loan guarantee facility . ### financial instruments under the programme shall be operated with the aim of facilitating access to finance for smes in their start - up , growth and transfer phases . the financial instruments shall include an equity facility and a loan guarantee facility . the allocation of funds to different facilities shall be based on market demand and take account of opinions of sme representative organisations .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs , as well as specific target groups , such as migrants and entrepreneurs belonging to socially disadvantaged or vulnerable groups such as persons with disabilities . the programme should also encourage senior citizens to become and remain entrepreneurs and promote second chances for entrepreneurs . ### the programme should particularly address smes , as defined in commission recommendation 2003 / 361 / ec of 6 may 2003 concerning the definition of micro , small and medium - sized enterprises . 16 particular attention should be paid to micro enterprises , enterprises engaged in craft activities and social enterprises . attention should also be paid to the specific characteristics and requirements of young entrepreneurs , new and potential entrepreneurs and female entrepreneurs .

### the evaluation of legislation affecting enterprises , specific industrial policy and competitiveness - related measures . ### the evaluation of legislation affecting enterprises , in particular smes , industrial policy and competitiveness - related measures .

### the commission shall be empowered to adopt delegated acts in accordance with article 18 concerning changes to the details of the specific actions set out in annex ii to this regulation if economic market developments so require or according to the results achieved by the competitiveness and innovation framework programme loan guarantee facility and the risk sharing instrument of the 7th framework programme for risk sharing financial facility . ### the commission shall be empowered to adopt delegated acts in accordance with article 18 concerning changes to the indicators in article 2 and annex i , changes to the budget for financial instruments in article 4 and to the financial instruments themselves in articles 14 , 14a and 14b if economic market developments so require or according to the results achieved by the competitiveness and innovation framework programme loan guarantee facility and the risk sharing instrument of the 7th framework programme for risk sharing financial facility .

### the commission shall support actions to improve and strengthen the competitiveness and sustainability of union enterprises , particularly smes , so as to enhance the effectiveness , coherence and consistency of national policies promoting competitiveness , sustainability and the growth of enterprises in europe . ### the commission shall support actions to improve the framework conditions for the sustainable competitiveness of union enterprises , particularly smes , so as to enhance the effectiveness , coherence and consistency of national policies promoting sustainable competitiveness and growth of enterprises in europe , in accordance with the principles of the small business act .

### the commission shall support actions to improve and strengthen the competitiveness and sustainability of union enterprises , particularly smes , so as to enhance the effectiveness , coherence and consistency of national policies promoting competitiveness , sustainability and the growth of enterprises in europe . ### the commission shall support actions to improve the framework conditions for the sustainable competitiveness of union enterprises , particularly smes , so as to enhance the effectiveness , coherence and consistency of national policies promoting sustainable competitiveness and growth of enterprises in europe , in accordance with the principles of the small business act .

### the commission may support actions to improve smes access to the single market including information provision and awareness - raising . ### the commission shall support actions to improve smes access to the single market including information provision and awareness - raising .

### the commission may support actions to improve smes access to the single market including information provision and awareness - raising . ### the commission shall support actions to improve smes access to the single market including information provision and awareness - raising .

### the programme shall contribute to the following general objectives , paying particular attention to the specific needs of smes at european and global level : ### the programme shall contribute to the following general objectives , paying particular attention to the specific needs of european smes :

### details of the actions referred to in paragraph 1 of this article are laid down in annex ii . ### details of the actions referred to in paragraph 1 of this article are laid down in article 14 .

### impact assessments of union measures of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , or areas in which new legislative measures need to be proposed ; ### fitness checks of existing legislation and impact assessments of new union measures that are of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , and ensuring that burdens on smes are minimised in areas in which new legislative measures are being proposed ;

### impact assessments of union measures of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , or areas in which new legislative measures need to be proposed ; ### fitness checks of existing legislation and impact assessments of new union measures that are of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , and ensuring that burdens on smes are minimised in areas in which new legislative measures are being proposed ;

### support for sme policy development and cooperation between policy makers , particularly with a view to improving the ease - of - access to programmes and measures for smes . ### support for evidence - based sme policy development and cooperation between policy makers and with sme representative organisations , particularly with a view to improving the ease - of - access to programmes and measures for smes and reducing their administrative burden .

### the financial envelope for implementing the programme shall be eur 2 . 522 billion , of which approximately eur 1 . 4 billion shall be allocated to financial instruments . ### the financial envelope for implementing the programme shall be [ eur 2 . 522 billion ] , of which at least 55 , 5 % shall be allocated to financial instruments . the commission may decide to amend the 55 , 5% threshold where the supply of finance under those financial instruments exceeds demand .

### the financial envelope for implementing the programme shall be eur 2 . 522 billion , of which approximately eur 1 . 4 billion shall be allocated to financial instruments . ### the financial envelope for implementing the programme shall be [ eur 2 . 522 billion ] , of which at least 55 , 5 % shall be allocated to financial instruments . the commission may decide to amend the 55 , 5% threshold where the supply of finance under those financial instruments exceeds demand .

### the limited internationalisation of smes both within and outside europe affects competitiveness . according to some estimates currently 25% of the smes in the union export or have exported at some point over the last three years , of which only 13% export outside the union on a regular basis and only 2 % have invested beyond their home country . in line with the small business act , which called on the union and the member states to support and encourage smes to benefit from the growth of markets outside the union , the eu supports a network of european business organisations in more than 20 markets abroad . it provides financial assistance to the eu - japan centre for industrial cooperation , business bodies in hong kong , malaysia and singapore as well as the european business and technology centre in india , eu sme centres in china and in thailand and the china intellectual property rights sme helpdesk . european added value is created by bundling national efforts in this domain , avoiding duplication , promoting cooperation and by offering services that would lack critical mass if provided at national level . ### the limited internationalisation of smes both within and outside europe affects competitiveness . according to some estimates currently 25% of the smes in the union export or have exported at some point over the last three years , of which only 13% export outside the union on a regular basis and only 2 % have invested beyond their home country . in line with the small business act , which called on the union and the member states to support and encourage smes to benefit from the growth of markets outside the union , the eu supports a network of european business organisations in more than 20 markets abroad . it provides financial assistance to the eu - japan centre for industrial cooperation , business bodies in hong kong , malaysia and singapore as well as the european business and technology centre in india , eu sme centres in china and in thailand and the china intellectual property rights sme helpdesk . european added value is created by bundling national efforts in this domain , avoiding duplication , promoting cooperation and by offering services that would lack critical mass if provided at national level . such services could , among others , include information on intellectual property rights , standards and public procurement opportunities .

### the limited internationalisation of smes both within and outside europe affects competitiveness . according to some estimates currently 25% of the smes in the union export or have exported at some point over the last three years , of which only 13% export outside the union on a regular basis and only 2 % have invested beyond their home country . in line with the small business act , which called on the union and the member states to support and encourage smes to benefit from the growth of markets outside the union , the eu supports a network of european business organisations in more than 20 markets abroad . it provides financial assistance to the eu - japan centre for industrial cooperation , business bodies in hong kong , malaysia and singapore as well as the european business and technology centre in india , eu sme centres in china and in thailand and the china intellectual property rights sme helpdesk . european added value is created by bundling national efforts in this domain , avoiding duplication , promoting cooperation and by offering services that would lack critical mass if provided at national level . ### the limited internationalisation of smes both within and outside europe affects competitiveness . according to some estimates currently 25% of the smes in the union export or have exported at some point over the last three years , of which only 13% export outside the union on a regular basis and only 2 % have invested beyond their home country . in line with the small business act , which called on the union and the member states to support and encourage smes to benefit from the growth of markets outside the union , the eu supports a network of european business organisations in more than 20 markets abroad . it provides financial assistance to the eu - japan centre for industrial cooperation , business bodies in hong kong , malaysia and singapore as well as the european business and technology centre in india , eu sme centres in china and in thailand and the china intellectual property rights sme helpdesk . european added value is created by bundling national efforts in this domain , avoiding duplication , promoting cooperation and by offering services that would lack critical mass if provided at national level . such services could , among others , include information on intellectual property rights , standards and public procurement opportunities .

### the programme shall contribute to the following general objectives , paying particular attention to the specific needs of smes at european and global level : ### the programme shall contribute to the following general objectives , paying particular attention to the specific needs of european smes :

### the commission shall be empowered to adopt delegated acts in accordance with article 18 concerning changes to the details of the specific actions set out in annex ii to this regulation if economic market developments so require or according to the results achieved by the competitiveness and innovation framework programme loan guarantee facility and the risk sharing instrument of the 7th framework programme for risk sharing financial facility . ### the commission shall be empowered to adopt delegated acts in accordance with article 18 concerning changes to the indicators in article 2 and annex i , changes to the budget for financial instruments in article 4 and to the financial instruments themselves in articles 14 , 14a and 14b if economic market developments so require or according to the results achieved by the competitiveness and innovation framework programme loan guarantee facility and the risk sharing instrument of the 7th framework programme for risk sharing financial facility .

### many of the union ' s competitiveness problems involve smes ' difficulties in getting access to finance because they struggle to demonstrate their credit - worthiness and have difficulties in gaining access to risk capital . this has a negative effect on the level and quality of the new enterprises created and on the growth of enterprises . the added value for the union of the proposed financial instruments lies inter alia in strengthening the single market for venture capital and in developing a pan - european sme finance market . the union ' s actions should be complementary to the member states ' use of financial instruments for smes . the entities entrusted with the implementation of the actions should ensure additionality and avoid double financing through eu resources . ### many of the union ' s competitiveness problems involve smes ' difficulties in getting access to finance because they struggle to demonstrate their credit - worthiness and have difficulties in gaining access to risk capital . this has a negative effect on the level and quality of the new enterprises created and on the growth and survival rate of enterprises . the added value for the union of the proposed financial instruments lies inter alia in strengthening the single market for venture capital , in developing a pan - european sme finance market and in addressing market failures that cannot be addressed by member states . the union ' s actions should be complementary to the member states ' use of financial instruments for smes . the entities entrusted with the implementation of the actions should ensure additionality and avoid double financing through eu resources . the programme should promote access to finance for smes in their start - up , growth and transfer phases .

### the commission shall support actions to improve and strengthen the competitiveness and sustainability of union enterprises , particularly smes , so as to enhance the effectiveness , coherence and consistency of national policies promoting competitiveness , sustainability and the growth of enterprises in europe . ### the commission shall support actions to improve the framework conditions for the sustainable competitiveness of union enterprises , particularly smes , so as to enhance the effectiveness , coherence and consistency of national policies promoting sustainable competitiveness and growth of enterprises in europe , in accordance with the principles of the small business act .

### the programme should complement other union programmes , while acknowledging that each instrument should work according to its own specific procedures . thus , the same eligible costs should not receive double funding . with the aim to achieve added value and substantial impact of union funding , close synergies should be developed between the programme , other union programmes and the structural funds . ### the programme should complement other union programmes , while acknowledging that each instrument should work according to its own specific procedures . thus , the same eligible costs should not receive double funding . with the aim to achieve added value and substantial impact of union funding , close synergies should be developed between the programme and other union programmes , in particular horizon 2020 — the new framework programme for research and innovation and the structural funds .

### the programme should complement other union programmes , while acknowledging that each instrument should work according to its own specific procedures . thus , the same eligible costs should not receive double funding . with the aim to achieve added value and substantial impact of union funding , close synergies should be developed between the programme , other union programmes and the structural funds . ### the programme should complement other union programmes , while acknowledging that each instrument should work according to its own specific procedures . thus , the same eligible costs should not receive double funding . with the aim to achieve added value and substantial impact of union funding , close synergies should be developed between the programme and other union programmes , in particular horizon 2020 — the new framework programme for research and innovation and the structural funds .

### the commission shall support actions which aim to improve access to finance for smes in their start - up and growth phases , being complementary to the member states ' use of financial instruments for smes at national and regional level . in order to ensure complementarity , these actions will be closely coordinated with those undertaken in the framework of cohesion policy and at national level . such actions shall aim to stimulate the supply of both equity and debt finance . ### the commission shall support actions which aim to improve access to finance for smes in their start - up , growth and transfer phases , being complementary to the member states ' use of financial instruments for smes at national and regional level . in order to ensure complementarity , these actions will be closely coordinated with those undertaken in the framework of cohesion policy , horizon 2020 and at national or regional level . such actions shall aim to stimulate the supply of both equity and debt finance .

### the commission shall support actions which aim to improve access to finance for smes in their start - up and growth phases , being complementary to the member states ' use of financial instruments for smes at national and regional level . in order to ensure complementarity , these actions will be closely coordinated with those undertaken in the framework of cohesion policy and at national level . such actions shall aim to stimulate the supply of both equity and debt finance . ### the commission shall support actions which aim to improve access to finance for smes in their start - up , growth and transfer phases , being complementary to the member states ' use of financial instruments for smes at national and regional level . in order to ensure complementarity , these actions will be closely coordinated with those undertaken in the framework of cohesion policy , horizon 2020 and at national or regional level . such actions shall aim to stimulate the supply of both equity and debt finance .

### the commission shall support actions which aim to improve access to finance for smes in their start - up and growth phases , being complementary to the member states ' use of financial instruments for smes at national and regional level . in order to ensure complementarity , these actions will be closely coordinated with those undertaken in the framework of cohesion policy and at national level . such actions shall aim to stimulate the supply of both equity and debt finance . ### the commission shall support actions which aim to improve access to finance for smes in their start - up , growth and transfer phases , being complementary to the member states ' use of financial instruments for smes at national and regional level . in order to ensure complementarity , these actions will be closely coordinated with those undertaken in the framework of cohesion policy , horizon 2020 and at national or regional level . such actions shall aim to stimulate the supply of both equity and debt finance .

### measures to improve the design , implementation and evaluation of policies affecting the competitiveness and sustainability of enterprises , including disaster resilience , and to secure the development of appropriate infrastructures , world class clusters and business networks , framework conditions and development of sustainable products , services and processes ; ### measures to improve the design , implementation and evaluation of policies affecting the sustainable competitiveness of enterprises and to support business networks , the transnational operation of clusters and the development of sustainable products , services and processes ;

### impact assessments of union measures of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , or areas in which new legislative measures need to be proposed ; ### systematic impact assessments of union measures of relevance for the competitiveness of enterprises , in particular smes , with special attention being paid to micro - enterprises , with a view to identifying areas of existing legislation that need to be simplified , or areas in which new legislative measures need to be proposed ;

### the commission may support initiatives accelerating the emergence of competitive industries based on cross - sectoral activities in areas characterised by a high proportion of smes and with a high contribution to the union ' s gdp . such initiatives shall stimulate development of new markets and the supply of goods and services based on the most competitive business models or on modified value - chains . they shall include initiatives to enhance productivity , resource efficiency , sustainability and corporate social responsibility . ### the commission shall support cross - sectoral initiatives accelerating the emergence of competitive industries . such initiatives shall stimulate development of new markets and the supply of goods and services based on the most competitive business models , improved products and processes , changed organisational structures or modified value - chains . they shall include initiatives to enhance productivity , sustainability , in particular resource and energy efficiency , and corporate social responsibility . the commission may also support sector - specific activities for those purposes , in areas characterised by a high proportion of smes and with a high contribution to the union ' s gdp , such as the tourism sector , where an added value at union level can be demonstrated .

### the commission may support initiatives accelerating the emergence of competitive industries based on cross - sectoral activities in areas characterised by a high proportion of smes and with a high contribution to the union ' s gdp . such initiatives shall stimulate development of new markets and the supply of goods and services based on the most competitive business models or on modified value - chains . they shall include initiatives to enhance productivity , resource efficiency , sustainability and corporate social responsibility . ### the commission shall support cross - sectoral initiatives accelerating the emergence of competitive industries . such initiatives shall stimulate development of new markets and the supply of goods and services based on the most competitive business models , improved products and processes , changed organisational structures or modified value - chains . they shall include initiatives to enhance productivity , sustainability , in particular resource and energy efficiency , and corporate social responsibility . the commission may also support sector - specific activities for those purposes , in areas characterised by a high proportion of smes and with a high contribution to the union ' s gdp , such as the tourism sector , where an added value at union level can be demonstrated .

### impact assessments of union measures of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , or areas in which new legislative measures need to be proposed ; ### fitness checks of existing legislation and impact assessments of new union measures that are of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , and ensuring that burdens on smes are minimised in areas in which new legislative measures are being proposed ;

### impact assessments of union measures of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , or areas in which new legislative measures need to be proposed ; ### fitness checks of existing legislation and impact assessments of new union measures that are of particular relevance for the competitiveness of enterprises , with a view to identifying areas of existing legislation that need to be simplified , and ensuring that burdens on smes are minimised in areas in which new legislative measures are being proposed ;