"QJ-AB-14-007-EN-C"--Page [4] of cover. Includes bibliographical references.
Contents:
Executive summary -- Introduction -- Audit scope and objectives -- Observations. The quality of infrastructure was generally good, but incubators' performance lagged behind; Audited ERDF incubators had not made sufficient use of good practices; ERDF management systems did not focus on efficiency of the services provided by business incubators; Limitations in the dissemination of knowledge by the European Commission hampered the promotion of good practices -- Conclusions and recommendations -- Annex: List of audited incubators -- Reply of the Commission.
Summary:
"In recent years, the EU has co-financed business incubator projects in the context of its cohesion policy with the support of the European Regional Development Fund. This is in line with the EU's political priorities, especially in view of the Lisbon and Europe 2020 strategies of supporting the launch and development of small and medium-sized enterprises (SMEs), as they play an important role in the creation of growth and jobs. In this report, the European Court of Auditors assesses whether these business incubator projects were successful in supporting start-up SMEs."-- Page [4] of cover.
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