commiss decis novemb approv support mechan creation transnat joint ventur sme commun text eea relev ec commiss european commun regard treati establish european commun regard council decis ec decemb multiannu programm small medium size enterpris sme european union articl thereof commiss commun juli integr programm favour sme stress absenc financi instrument sme make transnat invest opinion octob econom social committe consid sme invest transnat level access market member state due lack suitabl financi instrument decemb resolut integr programm council ask commiss encourag sme set develop activ member state remov obstacl cross border invest creation joint ventur european union council adopt decis ec consid sme activ span border assist overcom structur weak conclus presid amsterdam european council june stress essenti role plai sme intern market promot growth employ commun invit commiss present initi possibl job creation european parliament resolut european observatori sme call commiss implement measur suit strengthen transnat cooper sme countri european econom area express interest initi sme benefit suffici opportun offer intern market face global trade sme tradit market shrink develop joint ventur commun sme make make opportun intern market increas invest trade posit impact employ econom growth sme frequent encount difficulti obtain bank financ develop transnat joint ventur higher risk financi institut transnat joint ventur promot technolog transfer improv competit partner measur provid decis accord opinion deliv committe provid articl decis ec decid articl descript initi initi cover decis relat joint european ventur jev consist support sme set transnat joint ventur commun articl maximum amount project elig expens commun contribut intend cover expens incur set joint ventur maximum contribut project ecu cover elig expens maximum ecu total amount invest made elig expens purpos point relat concept set transnat joint ventur creat european sme defin annex ii includ expens annex iii expens essenti set joint ventur articl procedur sme wish make applic scheme submit financi intermediari jev network refer articl intermediari entrust evalu applic event favour opinion pass commiss commun contribut paid sme financi intermediari accord condit set paragraph case elig expens maximum ecu reimburs advanc maximum ecu paid applic accept commiss payment maximum ecu made present support document expens incur basi detail final evalu report permit assess feasibl joint ventur invest envisag accept document commiss reimburs advanc convert grant regard invest made payment limit amount invest made complet invest proof activ commenc sme benefit payment invest undertak submit commiss period year inform activ joint ventur set number job creat commiss prepar annual report base inquiri site visit articl select procedur applic commiss network financi intermediari compris institut special invest financ set call express interest publish offici journal european commun commiss check elig applic light programm object employ effect initi refer articl oper recours initi network financi intermediari jop programm jop technic assist unit special monitor project maximum budget reserv cover extern manag cost initi brussel novemb commiss christo papoutsi member commiss oj final oj oj oj oj annex definit sme definit sme purpos initi set annex commiss recommend ec enterpris fewer employe annual turnov exceed ecu million annual balanc sheet total exceed ecu million conform criterion independ elig criterion appli partner form joint ventur sme involv meet criterion project render inelig oj annex ii definit joint ventur concept joint ventur interpret broadli form consortium partnership joint ventur strict sens industri servic commerci craft natur condit met object project creat econom activ involv invest employ creation commun transfer exist econom activ elig similarli purchas exist enterpris elig partner plai activ part joint ventur assum adequ measur respons joint ventur partner own inelig chang hold joint ventur year sign contract commiss submit commiss review financi particip joint ventur newli creat sme member state annex iii elig expens elig expens relat concept set joint ventur expens incur part studi market survei prepar legal framework environment impact assess technic standard busi plan expens extern expert lawyer advisor account fee base actual cost limit ecu dai transport cost accommod subsist expens accord provis laid framework commiss contract provis servic expens intern expert relat travel abroad daili allow ecu dai transport cost accommod subsist expens accord provis laid framework commiss contract provis servic financ cost expens relat partner search exclud grant cover invest made invest consid purchas product tangibl intang asset account fix asset balanc sheet joint ventur valu accord gener accept account standard