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Ministry of Economy of the Slovak Republic and supporting of innovation development in enterprises 24th June 2013
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Page 1: Ministry of Economy of the Slovak Republic and supporting of innovation development in enterprises 24th June 2013.

Ministry of Economy of the Slovak Republic and

supporting of innovation development in

enterprises

24th June 2013

Page 2: Ministry of Economy of the Slovak Republic and supporting of innovation development in enterprises 24th June 2013.

Act to provide subsidies at the Ministry of Economy No. 71/2013

• to support research, development and innovation• funding for research and development projects• realisation of development programs within

innovation• funding for industrial research and

experimental development• financing of projects carried out under

international agreements on scientific and technical cooperation

Page 3: Ministry of Economy of the Slovak Republic and supporting of innovation development in enterprises 24th June 2013.

De minimis scheme: Innovation vouchers• inspired by best practices in Netherlands, Ireland,

Belgium• voucher in the nominal value of 3.500 EUR for

SMEs and 10.000 EUR for large companies • promote cooperation between companies and

R&D institutions, stimulate innovation where few businesses invest

• increase competitiveness of businesses through innovation of its own products, services or technologies, encourage businesses to look outside their network for knew knowledge

• budget: 250.000 EUR, expected start: 3.Q 2013

Page 4: Ministry of Economy of the Slovak Republic and supporting of innovation development in enterprises 24th June 2013.

Innovation vouchers mechanism• recipient of voucher will realise innovative project

in partnership with R&D institution. The beneficiary (enterprise) covers part of the costs with voucher and R&D institution that prepared the innovative activity subsequently submits voucher to MoE to reimburse it

Enterprise

MoE R&D

3.

1.

2.

1. Application for voucher

2. Cooperation on innovation activity

3. Reimbursement of voucher

Enterprise

Page 5: Ministry of Economy of the Slovak Republic and supporting of innovation development in enterprises 24th June 2013.

De minimis scheme to support industrial clusters

• objective is to promote and increase competitiveness of industrial cluster’s members by streamlining their mutual cooperation as well as strengthening industrial clusters internationally

• grant in form of advanced payment, 60% of the total approved amount, the rest will be paid upon completion of the project

• max. intensity of aid is 60% of the total eligible costs of the project activities implemented under this scheme (woman or disabled person +5%)

• budget: 200.000 EUR• expected start: 3.Q 2013

Page 6: Ministry of Economy of the Slovak Republic and supporting of innovation development in enterprises 24th June 2013.

De minimis scheme to support industrial clusters

• eligible activities: a)education of cluster members (workshops,

conferences, seminars, specialized training activities)b)presentation of clusters and their members in

Slovak Republic or abroad through participation in events, exhibitions

c)developing a joint expert base, technology maps of clusters, cluster organizations strategy and expert activities

d)involvement of clusters in international projects and networks

Page 7: Ministry of Economy of the Slovak Republic and supporting of innovation development in enterprises 24th June 2013.

Microfinance programme

• access of credit resources to small businesses on more favorable terms

• programme aims to facilitate the development of small businesses, to increase the survival rate of small businesses and contribute to the maintenance and creation of new jobs in the regions of Slovakia

• provider of programme: National Agency for Development of Small and Medium Enterprises (NADSME) under Ministry of Economy

Page 8: Ministry of Economy of the Slovak Republic and supporting of innovation development in enterprises 24th June 2013.

Microfinance programme

• providing microloans of 2.500 to 50.000 EUR on revolving base (repayments are used to provide additional loans)

• maturity is determined from 6 months to 4 years with the possibility of postponing repayment of principal in maximum of 6 months

• interest rate depends on the base rate of the ECB and the margins specified on the rating (creditworthiness) and is fixed throughout the repayment period of the loan

• budget of around 6.5 million EUR

Page 9: Ministry of Economy of the Slovak Republic and supporting of innovation development in enterprises 24th June 2013.

Fund to support information technologies (FIT)

• provider – NADSME, fund to support start-up projects

• actively support small and medium enterprises• budget around 4.2 million EUR• to boost Slovakia’s new start-ups with the highest

added value potential, contribute to growth of employment as one of the main priorities of the Government

• start-ups will get advise from successful entrepreneurs and executives who will oversee the activities of the Fund and will pass on their practical experience

Page 10: Ministry of Economy of the Slovak Republic and supporting of innovation development in enterprises 24th June 2013.

Strategy for development of SME sector to 2020

• strategy aims to introduce a new model of SMEs support throughout the life cycle of a business, prepared by MoE and NADSME and expected to be approved by the Government in October 2013

• based on the agenda of the European Union for support of SMEs (especially the Small Business Act and Entrepreneurship 2020 Action Plan)

• measures on stimulating entrepreneurship among young people, support for marginalized groups (women, seniors, etc.), availability of funds for SMEs, support for innovation in SMEs, reducing the administrative burden and so on

Page 11: Ministry of Economy of the Slovak Republic and supporting of innovation development in enterprises 24th June 2013.

2014 – 2020 Structural Funds

• MoE together with Ministry of Education• new OP R&D&I• through support of cooperation and

networking between companies and R&D organisations, universities foster competitiveness of businesses

• utilise cluster cooperation to improve both public and private expenditures to innovation system

Page 12: Ministry of Economy of the Slovak Republic and supporting of innovation development in enterprises 24th June 2013.

Thank you for your kind attention!

Vladimir TanistrakMinistry of EconomyMierova 19, BratislavaSlovak [email protected]


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