SMEs

Small and medium sized enterprises (SMEs) are the backbone of the European economy. They are a key source of jobs and a breeding ground for business ideas.

 

 

They are the most sensitive of all to changes in the business environment. Small enterprises are the first to suffer if weighed down with excessive bureaucracy. And they are the first to flourish from initiatives to cut red tape and reward success.

 

At Lisbon the European Union set the goal for to become the most competitive and dynamic knowledge-based economy in the world, capable of sustainable economic growth, more and better jobs and greater social cohesion.

Small enterprises must be considered as a main driver for innovation, employment as well as social and local integration in Europe.

 

The best possible environment for small business and entrepreneurship needs therefore to be created.