
Madrid European Entrepreneurial Region 2021-2022
The Community of Madrid obtains the seal "European Entrepreneurial Region"
The European Committee of the Regions (CoR) rewards the entrepreneurial vision of the Community of Madrid
The European Committee of the Regions (CoR) awards this seal of excellence to regions that stand out for their entrepreneurial vision and for developing a smart growth strategy that takes into account the general challenges facing society.
On this occasion, the editions of 2021 and 2022 have been merged, focused on the theme "Entrepreneurship for a sustainable recovery". A specific objective of this call is to stimulate entrepreneurship and innovation in EU regions and cities as fundamental instruments to advance the EU sustainability and green economy program.
The regions awarded the EER 2021-2022 award have demonstrated a remarkable ability to create new opportunities and to reorient the course of their economic development. The CoR awards these territories as beacons of a sustainable European recovery. The development strategy of the Community of Madrid responds closely to the EU's policy guidelines on SMEs and mobilizes significant resources, taking into account, in particular, the interests of women entrepreneurs.
The Community of Madrid's recovery plan, integrated into a long-term multi-level development strategy, focuses mainly on collaborative elements aimed at building bridges between the public and private sectors. The creation of an entrepreneurship council will bring together a wide range of entrepreneurs, micro-enterprises and SMEs and will create synergies and network effects.
See here the video of Madrid's victory in the EER and video of the other winning regions.
The European Entrepreneurial Region Award (EER)
The European Entrepreneurial Region Award (EER) is a project that, every year, selects and rewards EU territories that present an outstanding and innovative business policy strategy, regardless of their size, wealth and skills. The territories that present the most credible, advanced and promising plan for the future are awarded the “European Entrepreneurial Region” (EER) label for the following year.
Instituted in cooperation with the European Commission, the EER label is endorsed by EU stakeholders such as SME United, Eurochambres, Social Economy Europe y EURADA.
The Jury for the EER Awards is made up of members of the Committee of the Regions (CoR), representatives of the EU institutions, social partners and regional associations.
Due to the COVID-19 pandemic, the 2021-2022 edition of the EER Awards spans two years. Faced with the current health and economic crisis, the jury decided to merge the 2020 and 2021 calls to give the regions the opportunity to reformulate their regional development strategies and adapt them to the new context.
Our candidacy
The recovery plan of the Community of Madrid, integrated into a long-term multi-level development strategy, focuses mainly on collaborative elements aimed at building bridges between the public and private sectors. The creation of an entrepreneurship council will bring together a wide range of entrepreneurs, micro-enterprises and SMEs and will create synergies and network effects.
The strategic lines that guide the candidacy are:
- Structure and harmonize regional and local public policies and have private initiatives aimed at supporting individual and collective entrepreneurship, with the aim of making them complementary, useful and accessible to the target audience.
- Design a Plan that integrates programs and resources for individual and collective entrepreneurship, with the aim of offering support for the exit from the post-pandemic crisis, improving competitiveness, enhancing resilience capacity and fostering the creation of new initiatives.
- Move towards an inclusive, diverse, ecological and digital Community of Madrid, innovative and sustainable in the field of individual and collective entrepreneurship.
- Promote the presence of individual and collective entrepreneurship in public policies and co-creation together with private initiative.
- Within the framework of the transition to a green and digital economy, with the goal of achieving the Sustainable Development Goals.
The proposal proposes various lines of action:
- Creation of the Entrepreneurship Council of the Community of Madrid.
- Promotion of Individual and Collective Entrepreneurship.
- Promotion of Entrepreneurship at School.
- Comprehensive assistance program for entrepreneurs.
- Support for the Social Economy.
- Support actions for the Self-Employed, SMEs and Social Economy Companies of the Region, for social and collective entrepreneurship.
- Support for the development of technology-based companies.
- Support for financing for the self-employed and SMEs.
- Support for territorial rebalancing.
- In search of a sustainable region.
Creation of the Entrepreneurship Council of the Community of Madrid
This initiative wants to bring together in a body the set of actors involved in the field of entrepreneurship in the Community of Madrid. Its objective is to unify criteria and establish strategies and lines of action that promote entrepreneurship in the Region. This action will allow progress, together with the most relevant actors, towards reducing the regulatory burden and improving market access, as proposed by the SME Strategy.
It wants to become the instrument for dialogue and stable participation between the Government of the Community of Madrid, central and local administration, the most representative trade union and business organizations, municipalities, universities and entities and companies committed to promoting and developing entrepreneurship. in the region. This Council will also facilitate the creation of international consortia for the execution of European projects.
Entrepreneurship Promotion Program
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Program to promote Entrepreneurship at School
This line aims to develop in the field of regulated education actions to promote entrepreneurship aimed at students, teachers and families.
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Comprehensive care program for entrepreneurs
This line aims to develop actions that facilitate access to information, advice, training and financing so that every entrepreneur can develop their business project.
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Support for the self-employed and SMEs in the region
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Support program for technology-based companies (EBT)
This line aims to promote the creation and consolidation of Technology-Based Companies in the Community of Madrid, for which different actions will be carried out:
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Financial support program for the self-employed and SMEs
Avalmadrid is a reciprocal guarantee company owned by the Community of Madrid, the Madrid Chamber of Commerce and Industry and the Madrid Business Confederation, among others.
Its main purpose is to provide financial support to entrepreneurs, freelancers and SMEs in the Community of Madrid. Its objectives are: on the one hand, to facilitate access to preferential financing both in terms of cost and term and, on the other, to provide guarantees and guarantees to Public Administrations and third parties, under much more advantageous conditions than those offered by traditional banks.
There are various lines aimed at providing liquidity, obtaining financing and granting guarantees to obtain loans, for entrepreneurial projects, to support internationalization, and specific lines for Social Economy companies, SMEs, freelancers and start-ups. technology-based-ups.
It has, among others, these lines of support for financing:
- Access to financing for the creation and maintenance of employment of self-employed entrepreneurs: growth, development and consolidation of business activity.
- Access to financing for new self-employed who come from unemployment.
- Access to financing for labor cooperatives and corporations.