(EU funding programmes 2014-2020)
The Competitiveness of Enterprises and SMEs (COSME) programme supported the competitiveness, growth and sustainability of EU enterprises, in particular SMEs, and promoted entrepreneurship. To reach these goals, the programme eased SME’s access to finance by providing loan guarantees and risk-capital. It facilitated access to new markets inside and outside the EU and reduced the administrative burden on SMEs.
(Source: https://ec.europa.eu )