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Grant Agreement ‘Statistics for Family Businesses’

Published at: 01.02.2016 - 09:10
In February 2016, National Statistical Institute has started the project ‘Statistics for Family Businesses’, according to the European Commission grant agreement No. 692654 - 18/12/2015.

The contracting authority is the Executive Agency for Small and Medium-sized Enterprises (EASME). The project will be implemented within the Programme for the Competitiveness of Enterprises and SMEs (COSME) 2014 - 2020, adopted by Regulation (EU) No. 1287/2013 of the European Parliament and of the Council of 11 December 2013.

Family Businesses constitute a substantial part of the existing European companies and have a significant role to play in the strength and dynamism of the European economy. In Europe nowadays there is no sufficient information concerning the role and economic importance of family businesses.

Under the scope of the action, the NSI of Bulgaria has set the following objectives:
  • To collect information on the role of family businesses in Bulgaria.
  • To contribute to the availability of reliable statistics on family businesses at national level.
  • To provide policy-makers and relevant stakeholders with credible, comparable and systematic information and indicators on the role of the family businesses in national economies, and
  • To offer usable and practical information to stakeholders for their decision making.

The action ‘Statistics for Family Business’ will contribute to the promotion of family business according to Small Business Act that highlighted the role of family business and the need to exploit their full potential.

In the frame of the action is set down NSI to conduct a survey and collect data on family business in Bulgaria for the reference 2015. NSI will provide interim and final methodological report on the grant action results to the EC.

The project duration is 14 months and will be completed in April 2017. At the end of the project the main results of survey on family business in Bulgaria will be published on the NSI website.