KOHESIO · Q4296722 · FI
Development of food industry SME competitiveness for better potentials in growth
Project FRiDGE (Development of food industry SME competitiveness for better potentials in growth) deals with one of the most important aspects of European food and drink industries: SME competitiveness. The food and drink sector is the biggest employer in the EU and the largest sector in manufacturing while 99% (285,000 businesses) of the companies are SMEs accounting for 62,8% of the total employment in the sector but only 48,1% of the value added and 49,4% of the total turnover (based on FoodDrinkEurope data). Increasing input costs diminish turnover which results in the sector losing its c…
About the Competitiveness of SMEs objective
Thematic Objective 3 backs the competitiveness of small and medium-sized enterprises through grants, financial instruments, business-development services and internationalisation support. SMEs account for the bulk of EU employment, so the objective acts as a regional jobs lever.
Co-funding: the EU contributes €1.0M toward a total project cost of €1.2M — a co-funding rate of 85%, with the remainder covered by national, regional or private sources.
Kohesio is the European Commission's open-data platform for projects co-financed by the European Regional Development Fund, the European Social Fund Plus, the Cohesion Fund and the Just Transition Fund. It draws on lists of beneficiaries published by national managing authorities and harmonises them into a single EU-wide view.
Full project record on Kohesio — partners, deliverables, location map, related funding decisions.
Open on kohesio.ec.europa.eu →More projects in FI
see all →- Clear Water from PharmaceuticalsQ4296463 · €2.9M
- Better efficiency for Industrial Sewage treatmentQ4297141 · €2.7M
- BIOTER- Puhos bioterminal investment projectQ7440591 · €2.7M
- North Sea Baltic Connector of RegionsQ4298874 · €2.6M
- Sohjoa - Baltic Sea Region transitioning into eco-friendly autonomous last mile public transportationQ4299670 · €2.6M
- Completing management options in the Baltic Sea Region to reduce risk of invasive species introduction by shippingQ4295746 · €2.5M
Same objective, other countries
see all →- SME Liquidity Loan Fund – FPWP OP IRQ2687767 · PL · €684.0M
- SME AGRI-FOODQ4610826 · RO · €208.5M
- REGIONAL GROWTH FUND — DGR 311/2021Q4924078 · IT · €150.0M
- Strengthening the competitiveness of enterprises in the SME sector in Wielkopolska, by supporting their investment activity through the financial instruments of the SME sector 2014+.Q134260 · PL · €145.4M
- MICRO-ENTERPRISES BONUSES FOR COVID-19 EMERGENCYQ4113528 · IT · €100.0M
- SUPPORTING ENTREPRENEURSHIP THROUGH THE FUND OF WESTERN POMERANIAN FUND JEREMIE 2Q137451 · PL · €81.3M
Frequently asked questions
- What is the EU budget for this project?
- The EU contributes €1.0M toward a total project cost of €1.2M, a co-funding rate of 85%.
- Which fund or thematic objective does it belong to?
- This project falls under EU Cohesion Policy thematic objective TO03 — Competitiveness of SMEs — financed through the European Structural and Investment Funds.
- Which country is the project located in?
- The project is located in FI.
- What is the project period?
- The project runs from 2019-08-01 to 2023-07-31.
- Where can I find the full project record?
- The complete project record — beneficiary, location and related funding decisions — is published on Kohesio, the European Commission's open-data platform, under reference Q4296722.