11/25/2009

Enterprise Europe Network to support Turkish SMEs

Today’s Zaman – Nihat Ergun, Turkey’s Industry and Trade Minister, said on Monday that the Enterprise Europe Network (EEN) will expand support to small and medium-sized enterprises (SMEs) in Turkey by providing free of charge services such as consultation, information on EU legislation and market research. Ergun, recalling that Turkey signed a Memorandum of Understanding (MoU) for the Competitiveness and Innovation Framework Program (CIP) and put the program into effect in January, said coordination and collaboration are the answers to any problem. The consortium will also give SMEs access to a database of hundreds of thousands SMEs across Europe, which will enable them to transfer technology, do market research and also increase export opportunities, Ergun noted. In this regard, the SMEs will have the chance to cooperate and develop joint projects with other SMEs in Europe, emphasizing the need for SMEs to expand into overseas markets in line with globalization. CIP, which aims to increase the competitiveness of European enterprises with SMEs as its primary objective, will run from 2007 to 2013. With a total budget of EUR 3.62 billion, the program is one of the largest framework programs in this field.

ENGLISH