23 Amendments of Vicky FORD related to 2011/0394(COD)
Amendment 106 #
Proposal for a regulation
Recital 11 a (new)
Recital 11 a (new)
(11a) The Programme should fund activities that help minimise all burdens on SMEs, both regulatory and administrative; given the often high compliance costs and indirect impacts of legislation, such as reducing scope for innovation, SMEs and in particular micro-enterprises, the Programme should also investigate specific cases where these enterprises would benefit from a lighter regime, taking due consideration of impact assessments;
Amendment 107 #
Proposal for a regulation
Recital 12
Recital 12
(12) 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. Additionally, increasing access to affordable banking services for small and micro entities in multiple jurisdictions and currencies will be key to developing export growth;
Amendment 178 #
Proposal for a regulation
Article 2 – paragraph 1 – point a
Article 2 – paragraph 1 – point a
(a) strengthening the competitiveness and sustainability of the Union's enterprises including in the tourism sector;
Amendment 204 #
Proposal for a regulation
Article 2 – paragraph 2 – point c
Article 2 – paragraph 2 – point c
(c) changes reducing administrative and regulatory burdens on SMEs,
Amendment 209 #
Proposal for a regulation
Article 2 – paragraph 2 – point d
Article 2 – paragraph 2 – point d
(d) SME growth in terms of added-value and number of employees,
Amendment 212 #
Proposal for a regulation
Article 2 – paragraph 2 – point e
Article 2 – paragraph 2 – point e
Amendment 214 #
Proposal for a regulation
Article 2 – paragraph 2 – point e a (new)
Article 2 – paragraph 2 – point e a (new)
(ea) increased competitiveness of SMEs in the Union compared to competitiveness of SMEs of main competitors;
Amendment 215 #
Proposal for a regulation
Article 2 – paragraph 2 – point e b (new)
Article 2 – paragraph 2 – point e b (new)
(eb) Increase in share of SMEs trading across borders, within or outside the Union;
Amendment 220 #
Proposal for a regulation
Article 3 – paragraph 1 – point a
Article 3 – paragraph 1 – point a
(a) To improve framework conditions for the competitiveness and sustainability of Union enterprises including in the tourism sector;
Amendment 236 #
Proposal for a regulation
Article 3 – paragraph 1 – point b
Article 3 – paragraph 1 – point b
(b) To promote entrepreneurship, including among specific target groups;
Amendment 263 #
Proposal for a regulation
Article 4 – paragraph 1
Article 4 – paragraph 1
1. The financial envelope for implementing the Programme shall be [EUR 2.522 billion], of which approximately t least [EUR 1.4 billion/55.5%] shall be allocated to financial instruments.
Amendment 282 #
Proposal for a regulation
Article 6 – paragraph 2 – point a
Article 6 – paragraph 2 – point a
(a) 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 andsharing best practices on framework conditions and on the management of world class clusters and business networks and encouraging transnational collaboration between clusters, and promoting the development of sustainable products, services and processes;
Amendment 289 #
Proposal for a regulation
Article 6 – paragraph 2 – point b
Article 6 – paragraph 2 – point b
(b) measures to encourage cooperation in policy making and exchange of good practices among the Member States, other countries participating in the Programme and the Union's main competitors, and to address international aspects of competitiveness policies.global trading partners;
Amendment 323 #
Proposal for a regulation
Article 7 – paragraph 2
Article 7 – paragraph 2
2. Particular attention shall be paid to young entrepreneurs, new and potential entrepreneurs and female entrepreneurs, as well as specific target groupnew, potential, young and female entrepreneurs.
Amendment 371 #
Proposal for a regulation
Article 9 – paragraph 3
Article 9 – paragraph 3
3. Specific measures shall aim to facilitate SMEs access to markets outside the Union, and to strengthening existing support services in those markets. SMEs may receive support through the Programme as regards standards and intellectual property rights in priority third countries.in particular by providing information on market entry barriers and business opportunities and by improving support services as regards information on standards, public procurement and intellectual property rights in priority third countries. Those measures shall complement but not duplicate core trade promotion activities;
Amendment 383 #
Proposal for a regulation
Article 10 – paragraph 1
Article 10 – paragraph 1
1. In order to implement the Programme, the Commission shall separately adopt an annual work programmes for financial and non-financial instruments in accordance with the examination procedure referred to in Article 16(2). The annual work programmes shall set out the objectives pursued, the expected results, the method of implementation and their total amount. They shall also contain a description of the actions to be financed, an indication of the amount allocated to each action and an indicative implementation timetable, payment profile, key information on the financial instruments such as the level of guarantee and the relationship with Horizon 2020, as well as appropriate indicators for monitoring effectiveness in delivering outcomes and achievements of the objectives. They shall include for grants the priorities, the essential evaluation criteria and the maximum rate of co- financing.
Amendment 394 #
Proposal for a regulation
Article 11 – paragraph 1 – point c
Article 11 – paragraph 1 – point c
(c) 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;
Amendment 401 #
Proposal for a regulation
Article 11 – paragraph 2
Article 11 – paragraph 2
2. These support measures referred to in paragraph 1 shall not necessarily form part of the annual work programmes referred to in Article 10 and shall cost no more than [2.5%] of the Programme's financial envelope.
Amendment 416 #
Proposal for a regulation
Article 14 – paragraph 2
Article 14 – paragraph 2
2. 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(1)(a) of Regulation (EU) No XXX/201X [New Regulation on Structural Funds]], and grants funded from the Union, including under this Regulation.
Amendment 433 #
Proposal for a regulation
Article 16 – paragraph 2
Article 16 – paragraph 2
2. Where reference is made to this paragraph, Article 5 of Regulation (EU) No 182/2011 shall apply. Where the Committee delivers no opinion, the Commission shall not adopt the draft implementing act and the third subparagraph of Article 5(4) of Regulation (EU) No 182/2011 shall apply.
Amendment 436 #
Proposal for a regulation
Article 19
Article 19
Amendment 457 #
Proposal for a regulation
Annex II – section 2 – point 1
Annex II – section 2 – point 1
1. The EFG shall focus on funds that provide venture capital and mezzanine finance, such as subordinated and participating loans, to expansion and growth-stage enterprises, in particular those operating across borders, while having the possibility to make investments in early stage enterprises in conjunction with the equity facility for RDI under Horizon 2020. In the latter case, the investment from EFG shall not exceed 20% of the total EU investment except in cases of multi-stage funds, where funding from EFG and the equity facility for RDI will be provided on a pro rata basis, based on the funds' investment policy. The EFG shall avoid buy- out or replacement capital intended for the dismantling of an acquired enterprise. The Commission may decide to amend the 20% threshold in light of changing market conditions.
Amendment 458 #
Proposal for a regulation
Annex II – section 2 – point 2 (b)
Annex II – section 2 – point 2 (b)
(b) by funds-of-funds or investment vehicles investing across borders established by the EIF or other entities (including private sector managers and national operators) entrusted with the implementation on behalf of the Commission together with private invesinvestors from the private sectors and/or national public financial institutions;