Enterprise policy, SMEs: prolongation of the multiannual programme MAP until 31 December 2006

PURPOSE : to prolong the Multiannual programme for enterprise and entrepreneurship and to increase the financial reference amount and to amend Council Decision 2000/819/EC.

LEGISLATIVE ACT : Decision 1776/2005/EC of the European Parliament and of the Council amending Council Decision 2000/819/EC on a multiannual programme for enterprise and entrepreneurship, and in particular for small and medium-sized enterprises (SMEs) (2001 to 2005).

CONTENT : this Decision aims to ensure the continuity of Community support for enterprise and entrepreneurship, and in particular for small and medium-sized enterprises (SMEs). It extends the period of validity of Decision 2000/819/EC by another year until 31 December 2006 and increase the financial reference amount by EUR 88,5 million.

The financial reference amount of EUR 450 million shall be replaced by EUR 538,5 million.