LOGO
GOVERNMENT STRATEGY FOR THE DEVELOPMENT OF THE
SME SECTOR AND IMPROVING THE BUSINESS
ENVIRONEMENT IN ROMANIA
HORIZON 2020
The 4th Meeting of the EGTC Approval
Authorities
16-17 April 2015, Budapest
HORIZON 2020
STRATEGIC DEVELOPMENT FRAMEWORK
Romania today, EU member state, has a huge potential for
economic and social development in the long term,
especially at local level, where entrepreneurs and SMEs will
be encouraged and stimulated to exploit, in a profitable and
judiciously way for the Romanian society, the current and
foreseeable future business opportunities. At the same time,
there will be supported by adequate public interventions, the
entreprenorial initiatives oriented towards foreign markets
("Act locally, think globally '), mainly located in the vicinity of
Romania.
HORIZON 2020
STRATEGIC DEVELOPMENT FRAMEWORK
Statement of public policy on strategic vision and
Government mission
The Romanian Government is placing the active businesses in the center of its
economic policy of sustainable development of the country in the period of 2014 2020, has adopted a series of strategic measures, allocates major public resources
and undertakes, through authorized institutions, consistent, systematic and
coordinated actions for:
•encouraging entrepreneurship and the creation of new economic enterprises;
•stimulation of small and medium sized entreprises, current and of predictable
perspective, to boost competitiveness domestically and internationally.
HORIZON 2020
STRATEGIC DEVELOPMENT FRAMEWORK
The aim of the strategy
The strategy sets the Romanian
Government's policy for the next
seven years with respect to:
The scope
This strategy applies to small and
medium sized enterprises as
defined in accordance with Law
no. 346/2004, regarding the
establishment and development
of small and medium sized
enterprises, including
subsequent amendments and
additions.
• supporting extensive and
intensive growth of the SME
sector, focusing on increasing
the number of active SMEs in
local and foreign markets of
interest;
• increasing the density of
SMEs, especially in areas where
it is below the European average
in order to reduce the current
regional disparities.
HORIZON 2020
STRATEGIC DEVELOPMENT FRAMEWORK
General information relevant to the
current situation of SMEs
The Romanian economy is supported by
the activity of SMEs and large
companies.
Despite representing 99.7% of the total
number of enterprises, the SMEs
influence on the economic development
of the country is much lower (by approx.
55-56% of GDP).
SMEs-99,7%
IMM- 99,7%
SMEs
Big companies
HORIZON 2020
STRATEGIC DEVELOPMENT FRAMEWORK
The specific problems of SMEs
in Romania
At the macroeconomic level, we
identified four specific current
issues of domestic SMEs:
1) critical mass of SMEs - too few
active enterprises in the economy;
2) dimension of the business/company
- too few medium-sized enterprises;
3) sectorial structure - too many
companies working in service and
trade, especially in relation to the
services for enterprises;
4) new business' resilience - twothirds of new businesses go out of
business in the first year of life.
HORIZON 2020
STRATEGIC DEVELOPMENT FRAMEWORK
Critical factors for the domestic Smes activity
At the microeconomic level, we identified the following needs
for economic activity and prospects of development of local
SMEs:
a) proper management of the company's cash flow;
b) adequate capitalization of the business according to the
stage of development of the enterprise and foreseeable
prospects of its development;
c) upgrading the company (including the RD&I) and enhancing
the attraction and retention of individual creative talent
within the organization;
d) reducing the entry barriers for new businesses and
concerned barriers to exit the market, of companies found
not to be viable (the very negative financial results thereof);
e) strengthening the networks of entrepreneurs and
dissemination of relevant market information among them;
f) the internationalisation of the company's business.
STRATEGIC DEVELOPMENT FRAMEWORK
HORIZON 2020
Supporting and
promoting
entrepreneurship
DA 2
SMEs access to
adequate funding
DA 1
DIRECTIONS
OF
ACTION
Public
DA 5
administration’s
reaction to the SMEs
needs
DA 3
Innovative
SMEs
DA 4
Market access
and SMEs
internationalization
HORIZON 2020
MEASURES AND GOVERNMENT ACTIONS
SUPPORTING AND PROMOTING
ENTREPRENEURSHIP
DA 1 DA 2
DA 3
DA 4
DA 5
1. Supporting start-ups, focusing on sectors with creative potential and in rural areas
2. Support the development of entrepreneurship education at all levels of education and stimulating
social entrepreneurship
3. Entrepreneurial support programs (tutoring / mentoring, assistance / counseling, role models, etc.),
including vulnerable social groups / disadvantaged (eg. women entrepreneurs, youth, legal
immigrants, unemployed, people leaving the welfare system, persons with disabilities, etc.)
4. Facilitate the establishment of modern business support structures and improvement of existing ones
(eg. business incubators / accelerators and centers / hubs, technology parks / software and industrial
clusters / centers of excellence, design centers, local production centers services, business
consulting, etc.)
5. Online platform for guidance and counseling
6. Promoting ethical behavior in business and supporting
honest entrepreneurs who want to start a business
7. Organizing events and media campaigns
8. Platforms for start-ups and SMEs
9. Implementation of the "simulated enterprise" and
„company of exercise" programs
HORIZON 2020
MEASURES AND GOVERNMENT ACTIONS
SMEs ACCESS TO ADEQUATE FINANCE
DA 1 DA 2
DA 3
DA 4
DA 5
10. Support the development, operationalization and development of mechanisms and instruments for
SMEs finance (including financial intermediaries and investment vehicles), which also involve private
investors
11. Support the creation and development of networks of private investors
12. Development of EU-funded projects in public-private partenership
13. Venture capital vehicle, for start-up companies funding
14. Programs involving private funders
15. Increasing accessibility of micro-credit funds for SMEs, belonging to disadvantaged social groups
(women, youth, persons with disabilities, etc.)
HORIZON 2020
MEASURES AND GOVERNMENT ACTIONS
DA 1
INNOVATIVE SMEs
DA 2
DA 3 DA 4
16. Encouraging technology transfer
17. Development of professional and management skills of the managers of private companies
18. Development of the business consulting services for SMEs
19. Development of a national innovation support system
20. Encouragement of economic and technical cooperation of SMEs with large enterprises,
especially in technological innovation and trade
21. Supporting the capitalization of the competitive advantages of SMEs with growth potential
and promoting the benefits of obtaining extensive intellectual / industrial / commercial property
rights
the
of
and
22. Supporting the implementation / certification of
management systems and voluntary certification
products and / or obtaining Ecolabel for products
services
23. Supporting SMEs to connect to R&D networks
DA 5
HORIZON 2020
MEASURES AND GOVERNMENT ACTIONS
DA 1
ACCESS TO MARKETS AND THE
INTERNATIONALIZATION OF SME’s
24. Supporting the development of electronic
commerce and other online business forms
25. Supporting the establishment and
development of business networks - business
incubators, business accelerators
26. Strengthening SMEs capabilities for
participation in national and international
trade
27. Promote the use of information and
communications technology within SMEs
DA 2
DA 3 DA 4
DA 5
HORIZON 2020
MEASURES AND GOVERNMENT ACTIONS
REACTIVITY OF THE PUBLIC
ADMINISTRATION TO THE SME’s NEEDS
DA 1
DA 2
DA 3
DA 4 DA 5
28. Stimulating the associative structures to increase the negociation strength of SME’s
29. Information on the SMEs legislation
30. Improving the quality and the efficiency of public services for setting up and
conducting businesses - One Stop Shop
31. Identifying and reduction/simplifying the administrative barriers facing business
32. Improving the regulatory framework for SME activities
LOGO
THANK YOU FOR YOUR ATTENTION!
ERIKA PAPP
Counselor for European Affairs
Ministry of Energy, SMEs and Business
Environment – Romania
[email protected]
Phone: +40 21 20 25 386