For a European Industrial Renaissance

For a European
Industrial Renaissance
Industry important for growth and jobs
Industry accounts for:
• 80% of EU exports
• 80% of innovation
• ¼ of jobs in the private sector
• 1 job created in industry triggers from 1 to 2
jobs in services
20% of GDP from Industry by 2020
This target is key for growth and jobs, in line with
the Europe 2020 strategy
Eu policies and ambitious climate targets will be
consistent with the reindustrialisation objective
Commisson's engagment is to mainstream
industrial competitiveness
Priorities of Commission response
1. EU resources to boost industrial innovation
2. A more business friendly environment
3. Easier access to finance
4. Energy and raw materials at affordable prices
5. Maximise potential of internal market
6. Internationalise
7. Education to match market demand
More EU funds for reindustrialisation
• € 2.3 billion COSME to support entrepreneurship
• > €100 billion of European Structural and
Investment Funds (ESIF) available for regions to
finance investments in innovation and industrial
• €80 billion of the Horizon 2020 available for
financing the commercialisation of research
Key sectors for a modern and
sustainable industry
• Advanced manifacturing
• KETs
• Bioeconomy
• Smart grids
• Clean vehicles
• Eco constructions and raw materials
A more business friendly environment
• Updated Small Business Act (to start up a company
3 days, 100 euros, 1 month to get the licence)
• Growth-friendly public administration
• Regulatory fitness and performance programme
• Cumulative cost assessments
Thank you for your attention