SME angle

Micro, small and medium-sized enterprises are the backbone of the European economy. In 2003, the European Union introduced a common definition of which enterprises classify as SMEs in order to specifically target access to finance and EU support programmes at these enterprises.

SMEs need specific support to fully achieve their economic potential. However, especial support for micro enterprises is still lacking and administrative burdens as well as access to finance, innovation or public markets remain serious barriers that SMEs and crafts face. Accordingly, EBC contributes to the further development of an SME friendly business environment in the EU via an intensive cooperation with key European SME representatives such as SMEunited and Small Business Standards.

News

  • SME definition: EBC considers the definition as still fit for purpose and asks for more support for micro enterprises and craftsmen - - Read more  
  • SME policy: European Investment Fund publishes interactive map on EU support for SMEs - - Read more  
  • VAT: European Commission proposes more flexible VAT rates and enhances special scheme for small enterprises - - Read more  
  • 2015 SME Assembly on female entrepreneurship - - Read more  
  • Better Regulation Package: construction SMEs welcome cutting red tape but say no to deregulation - - Read more  
  • Construction SMEs welcome better regulation but say no to deregulation - - Read more  
  • EC Work Programme 2015: positive simplification efforts - - Read more  
  • Reply to the consultation on the top 10 most burdensome acts for SMEs - - Read more  
  • SMEs need fair competition, equal treatment, simpler administration and timely payment - - Read more