COSME is the European Union programme that strengthens the enterprises’ competitiveness, encouraging them to adopt measures for innovation or research. Specifically, the program, through easier access to funding, promotes the birth and growth of new SMES and encourages the development of an entrepreneurial culture.

The programme provides a budget of 2.298,24 million euro. 60% of this amount is devoted to financial instruments. In particular, COSME supports businesses through subsidies, delivered through calls for proposals, and financial instruments used in order to facilitate access to SMES’ finance in their start-up phase, growth and transfer.

They include:

  • Equity Facility for Growth - EFG
  • Loan Garantee Funds - LGF
Objectives and priorities
Possible activities
Who can participate
Participating Countries
Official documents