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ACT SME

Accelerating Cross-Border transaction of SME

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ACT SME

Assessment

ACT-SME helps SMEs to adapt to global competition and internationalise to enhance their competitiveness and support their growth potential, also and especially in a cross-border transaction perspective.

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Assessment

Training

Training is the main result of the ACT-SME project, specifically designed for SMEs to build their capacity and overcome what are very often only informational or operational barriers to internationalization.

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Training

Partners

ACT-SME includes 8 partners from 6 countries representing the various participants from SMEs’ internationalization process and VET systems.

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Glossary


Internationalization Glossary

Online multilanguage trade and business glossary to help users identifying concepts and terms in everyday activities, thus boosting market opportunities, by creating synergies, building trade relationships and networks between SMEs.

Funding Programme

A Funding Programme is a funding instrument aims to pursue specific objectives consistent with a specific policy. For the utilization of funding opportunities under a EU Programme, you have to submit a proposal following the announcement of the call for proposal. At the page http://www.welcomeurope.com/list-european-funds.html you will find all the European Funding programmes updated for the 2017 year.

General Agreement On Tariffs And Trade - GATT

The General Agreement on Tariffs and Trade (GATT) was formed soon after World War II ended. The GATT was a trade treaty implemented to boost economic recovery. The primary purpose of GATT was to increase international trade through by eliminating or reducing various tariffs, quotas and subsidies while maintaining meaningful regulations. GATT became law on Jan. 1, 1948, once it was signed by 23 countries. GATT was refined over decades and eventually led to the 123 countries creating the World Trade Organization (WTO) on Jan. 1, 1995.

INCOTERMS

International Commercial Terms can be abbreviated as INCOTERMS
There are several delivery terms subject to agreement between importer and exporter which are settling responsibile side for each step (transportation, insurance, export / import customs etc.)

Innovation

the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new organizational method in business practices, workplace organization, or external relations. (Oslo manual)

Intellectual Property

Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce. (WIPO: World Intellectual Property Organization)

internacinalization

In economics, internationalization is the process of increasing involvement of enterprises in international markets.

Joint Venture

A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. In a joint venture (JV), each of the participants is responsible for profits, losses and costs associated with it. However, the venture is its own entity, separate and apart from the participants' other business interests

Labelling

Display of information about a product on its container, packaging, or the product itself. For several types of consumer and industrial products, the type and extent of information that must be imparted by a label is governed by the relevant safety and shipping laws. (Business dictionary)

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This project has been funded with support from the European Commission.
This web site and its contents reflects the views only of the authors, and the Commission cannot be held responsible for
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