European Enterprise Promotion Awards 2012 Launched


15th March 2012

The European Commission's annual European Enterprise Promotion Awards aim to identify and recognise outstanding initiatives that promote enterprise and entrepreneurship, showcase and share examples of best entrepreneurship policies and practices, create a greater awareness of the role entrepreneurs play in society and encourage and inspire potential entrepreneurs.

The Commission has launched its 2012 edition of the European Enterprise Promotion Awards. It rewards the success of public bodies and public-private partnerships in promoting enterprise and entrepreneurship. One of the subjects for the 2012 edition will be SME funding for those entrepreneurs that want to extend their business and enter new markets. In the current economic context, SMEs are acknowledged to contribute to growth and their job creation potential is impressive. 85% of all new jobs in the EU are provided by SMEs. Public authorities support SMEs with a large number of initiatives. The most impactful measure will be chosen by an expert jury and receive its award during the 2012 SME Assembly in November in Cyprus.

There are five different award categories:

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