09/01/2013 at 12:30
Where: Brussels, Belgium
Organiser: European Commission
To bring Europe back to growth, more entrepreneurs are needed. The Commission will propose a blueprint for a new culture of entrepreneurship in Europe, by mobilising Member States and all stakeholders to tap into the potential of millions of Europeans ready to become their own boss.
The Entrepreneurship 2020 Act will highlight the need for a thorough cultural change in Europe, through effective entrepreneurship education. It will contain specific actions/measures to help budding entrepreneurs in specific societal groups, such as youths, women, seniors, migrants and the unemployed. It will also tackle obstacles to entrepreneurship such as the need for better access to finance, less bureaucracy, and second chances for honest bankruptcies.
Since 2008 Europe has been suffering the effects of the most severe economic crisis it has seen in 50 years: for the first time in Europe there are over 25 million unemployed and in the majority of Member States small and medium-sized enterprises (SMEs) have not yet been able to bounce back to their pre-crisis levels.
Entrepreneurship is a powerful driver of economic growth: it creates new companies and jobs, opens up new markets, and nurtures new skills and capabilities. Entrepreneurship makes economies more competitive and innovative. Commercialising new ideas improves productivity and creates wealth. Without the jobs from new firms, average net employment growth in Europe would be negative. New companies, especially SMEs, represent the most important source of new employment: they create more than 4 million new jobs every year in Europe.
Together with the Entrepreneurship 2020 Act, the Commission will publish the 2012 Eurobarometer on attitudes of Europeans to entrepreneurship (see below).
Vice President Antonio Tajani, the European Commissioner for Industry and Entrepreneurship, will present the main messages at a press conference the Commission's press room at 12.30. A press release, reports and executive summaries will be available on the day.