The Committee of the Regions (CoR) of the European Union, in partnership with the European Commission, has established the European Entrepreneurial Region (EER) award.
The main objective of this new initiative is to reward up to 3 EU regions annually with outstanding entrepreneurial vision. Furthermore, the award aims to support small businesses across Europe through regional stimulation to contribute to the “Small Business act for Europe”(SBA) implementation.
The regional vision will be evaluated by a jury of CoR members considering specific candidate characteristics such as entrepreneurial potential and the sustainability and credibility of the proposals. The first EER award will be granted for 2011 and 2012 at ceremony to be held in February 2010.