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Employment, Entrepreneurship and ESF finance facilities Michal PETRIK DG EMPL C.2 Sectorial Employment challenges, Youth Employment and Entrepreneurship

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Page 1: Employment, Entrepreneurship and ESF finance facilities Entrepreneurship and ESF finance facilities Michal PETRIK DG EMPL C.2 Sectorial Employment challenges, Youth Employment and

Employment, Entrepreneurship and ESF finance

facilities

Michal PETRIK

DG EMPL

C.2 Sectorial Employment challenges, Youth Employment and Entrepreneurship

Page 2: Employment, Entrepreneurship and ESF finance facilities Entrepreneurship and ESF finance facilities Michal PETRIK DG EMPL C.2 Sectorial Employment challenges, Youth Employment and

Europe 2020

Employment

rate 75%

3% of GDP in R&D

20/20/20 climate

objectives

10% less early school

leavers, 40% higher education

diploma

Lifting 20 million out of poverty 5 headline

targets

Page 3: Employment, Entrepreneurship and ESF finance facilities Entrepreneurship and ESF finance facilities Michal PETRIK DG EMPL C.2 Sectorial Employment challenges, Youth Employment and

EU Employment package

Communication "Towards a job-rich recovery" 3 Chapters:

'Support Job Creation'

'Restore the Dynamics of Labour Markets'

'Enhance EU Governance'

Page 4: Employment, Entrepreneurship and ESF finance facilities Entrepreneurship and ESF finance facilities Michal PETRIK DG EMPL C.2 Sectorial Employment challenges, Youth Employment and

Entrepreneurship and job creation

85% of the newly established enterprises are micro-enterprises

In the EU newly established enterprises create on average

- 2 jobs - 3 jobs in certain countries

+ +

Page 5: Employment, Entrepreneurship and ESF finance facilities Entrepreneurship and ESF finance facilities Michal PETRIK DG EMPL C.2 Sectorial Employment challenges, Youth Employment and

The ESF: entrepreneurship-related actions

The ESF shall promote employment and support labour mobility through self-employment, entrepreneurship and business creation. It channels money into the Member States in order to achieve goals agreed between the MS and the Commission in the Operational Programmes.

Page 6: Employment, Entrepreneurship and ESF finance facilities Entrepreneurship and ESF finance facilities Michal PETRIK DG EMPL C.2 Sectorial Employment challenges, Youth Employment and

The ESF: key policy areas

The policy areas in the area of entrepreneurship and

self-employment:

• entrepreneurship skills,

• access to finance,

• regulatory and institutional frameworks and,

• efficient outreach and policy implementation.

Page 7: Employment, Entrepreneurship and ESF finance facilities Entrepreneurship and ESF finance facilities Michal PETRIK DG EMPL C.2 Sectorial Employment challenges, Youth Employment and

The ESF: Youth Entrepreneurship

Youth Opportunities Initiative is being implemented on both national and EU level.

Various actions include reallocation of funds within the ESF operational programmes. More than €10 billion of funding from the ESF and ERDF has been redirected in order to tackle youth unemployment in eight Member States, including through entrepreneurship.

Page 8: Employment, Entrepreneurship and ESF finance facilities Entrepreneurship and ESF finance facilities Michal PETRIK DG EMPL C.2 Sectorial Employment challenges, Youth Employment and

The ESF: A success story

Going for Growth is a scheme supporting and encouraging women entrepreneurs to be more ambitious and helping them achieve their growth goals with mentoring relationships, networking events and workshops. This initiative is partially funded by the Equality for Women Measure 2010-2013 which is being funded by the ESF through the Human Capital Investment Operational Programme 2007-2013.

The most recent six month cycle had 60 participants and the costs of operating the cycle were 1,300 EUR per participant. Over this period, participants increased their sales by an average of 10% and created 55 new jobs. Surveys show that more than 90% of participants have considered their participation to have been of value to them.

Page 9: Employment, Entrepreneurship and ESF finance facilities Entrepreneurship and ESF finance facilities Michal PETRIK DG EMPL C.2 Sectorial Employment challenges, Youth Employment and

European Progress Microfinance Facility

Established in 2010, enables microcredit providers to increase lending of loans below € 25 000 – for setting up or developing a small business.

Guarantees

Funded

instruments

Micro-

credit

pro

-viders

Budget

EU

/ EIB

Page 10: Employment, Entrepreneurship and ESF finance facilities Entrepreneurship and ESF finance facilities Michal PETRIK DG EMPL C.2 Sectorial Employment challenges, Youth Employment and

PSCI 2014-2020

Technical assistance

for

capacity builiding

Funding

for

capacity building

Guarantees

Funded

instruments

EU microfinance support

Programme for Social Change and Innovation (PSCI)

Page 11: Employment, Entrepreneurship and ESF finance facilities Entrepreneurship and ESF finance facilities Michal PETRIK DG EMPL C.2 Sectorial Employment challenges, Youth Employment and

Inclusive Entrepreneurship policy

Beyond finance

Knowledge and strategy

Entrepreneur -ship

education

Start-up support

Access to finance

Page 12: Employment, Entrepreneurship and ESF finance facilities Entrepreneurship and ESF finance facilities Michal PETRIK DG EMPL C.2 Sectorial Employment challenges, Youth Employment and

Useful links I

COM(2012) 173 "Towards a job-rich recovery" http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2012:0173:FIN:EN:PDF

Staff working document accompanying the Communication COM (2012) 727 "Moving Youth into employment" http://ec.europa.eu/social/BlobServlet?docId=9216&langId=en

COM (2012) 795 "Entrepreneurship 2020 Action Plan: Reigniting the entrepreneurial spirit in Europe" http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2012:0795:FIN:en:PDF

Page 13: Employment, Entrepreneurship and ESF finance facilities Entrepreneurship and ESF finance facilities Michal PETRIK DG EMPL C.2 Sectorial Employment challenges, Youth Employment and

Useful links II

EC-OECD (2013 forthcoming), The Missing Entrepreneurs: Policies for Social Inclusion.

EC-OECD (2012), “Policy Brief on Youth Entrepreneurship,” available at: http://www.oecd.org/cfe/leed/Youth%20Policy%20Brief.pdf

EC-OECD (2012), “Policy Brief on Senior Entrepreneurship,” available at: http://ec.europa.eu/social/BlobServlet?docId=9644&langId=en

EC (2010), “Self-employment in Europe,” available at: http://ec.europa.eu/social/BlobServlet?docId=6137&langId=en