SME Strategy for a sustainable and digital Europe
The European Commission has announced an SME Strategy for a sustainable and digital Europe. The aim is to ensure that European businesses remain fit to achieve their ambitions, while coping with global competition.
The strategy puts forward actions based on the following three pillars:
- Capacity-building and support for the transition to sustainability and digitalisation;
- Reducing regulatory burden and improving market access; and
- Improving access to financing.
The objective is to unleash the power of Europe’s SMEs of all kinds to lead the twin transitions. It aims to considerably increase the number of SMEs engaging in sustainable business practices as well as the number of SMEs employing digital technologies. Ultimately, the goal is that Europe becomes the most attractive place to start a small business, make it grow and scale up in the single market.
You can find out more and read the strategy here and here.