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Supporting enterprise development and SME in Europe

Lopriore, Marco. (2009) Supporting enterprise development and SME in Europe. EIPAScope, 2009 (2). pp. 31-36.

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    Abstract

    Small and Medium Enterprises (SME) are the backbone of Europe’s economy: there are 23 million SMEs in Europe representing around 99% of all undertakings, and 57% of them are sole proprietorships. They provide two thirds of total private-sector employment, represent 80% of the total job creation and produce more than half of the EU added value. This article examines the main as well as the latest elements of EU policy and programmes in favour of supporting enterprises and SMEs in particular. It starts by looking at the SME policy framework and then focuses on the financial aid within the EU financial perspectives in 2007-2013 such as the research budget or the structural funds. The article describes the different measures for SMEs in terms of financial instruments and support programmes and services, addressing in each case strengths, weaknesses, trends and possibilities. It also looks at the changes to policies and programmes following the financial and economic crisis.

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    Item Type: Article
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > regional policy/structural funds
    EU policies and themes > Policies & related activities > industrial policy
    EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on and consequences/reforms
    EU policies and themes > Policies & related activities > competition policy
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Journals > European Institute of Public Administration (Maastricht) > EIPASCOPE
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 20 Jan 2010
    Page Range: pp. 31-36
    Last Modified: 15 Feb 2011 18:20
    URI: http://aei.pitt.edu/id/eprint/12383

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