The Single Market Programme (SMP) covers the single market, competitiveness of enterprises, including small and medium-sized enterprises, the area of plants, animals, food and feed, and European statistics. Specifically, the programme brings together aspects in order to streamline, exploit synergies and provide a better flexible, transparent, simplified and agile framework to finance activities aiming at a well-functioning sustainable internal market.
This action will facilitate the integration into the single market of Ukrainian SMEs – businesses based in Ukraine, and displaced Ukrainian-registered companies currently operating from the EU. This in turn will support the recovery and development of the Ukrainian economy. It will also bring new opportunities for EU businesses to access markets in Ukraine or find alternative suppliers in Ukraine.
The action will focus on companies that can demonstrate that their business has been affected since the beginning of the war (in terms of business locations, staff, turnover, and export markets).
By supporting the development of the Ukrainian economy and facilitating the integration of Ukrainian SMEs in the Single Market, this action will provide alternative markets to EU companies to compensate for the loss of Russian and Belarussian market opportunities. It will also bring new investment opportunities for EU businesses in Ukraine. The criteria for selecting Ukrainian businesses to be supported will focus on their potential to generate these market access/supply and investment opportunities for EU businesses.
This action is compatible with the following specific objectives of the Single Market Programme (SMP) that aim at strengthening the competitiveness and sustainability of SMEs and achieving additionality, at Union level, through measures that:
The costs will be reimbursed at the funding rates fixed in the Grant Agreement (100% for the costs for providing financial support to third parties and 90% for all other costs categories).
The Agency expects to fund one project under this call.
Of this amount:
In order to be eligible, the applicants (beneficiaries and affiliated entities) must:
Proposals must be submitted by a consortium of at least three applicants (beneficiaries; not affiliated entities), which complies with the following conditions:
Ministry of Energy, Trade and Industry
Industry and Technology Service
1421, Nicosia, Cyprus
(Publish Date: 17/03/2023-for internal use only)