11 / 03 / 2020
EC Communication on SME Strategy for a Sustainable and Digital Europe
Part of the package for a
new EU Industrial Strategy, the EC published on 10 March the Communication
An SME Strategy for a sustainable and digital Europe. This Strategy puts forward actions based on three main pillars:
- Capacity-building and support for the transition to sustainability and digitalisation,
- Reducing regulatory burden and improving market access,
- Improving access to financing.
The SME strategy builds on the foundations of the EU’s existing SME policy framework and support programmes, such as the 2008 Small Business Act, the 2016 Start-up and Scale-up Initiative, the COSME Programme, and SME support actions funded under Horizon 2020 programme and ESIF. In the Communication, the EC also announces that it will map the strengths of relevant RTOs and universities which can support innovative start-ups and SMEs in the sector of defence. The members of the EARTO WG Security & Defence will follow closely this mapping.
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