Here is the EU Strategy for SMEs and Digital Europe, Digital Assets on the List

March 10th, 2020 – The European Commission posted its “SME Strategy for a sustainable and digital Europe.”

The strategy is in recognition that “SMEs play a key role in Europe’s industrial fabric, providing two out of three jobs, and are central to the success of this new industrial approach.”

The goal is to foster an EU Startup Nation to accelerate entrepreneurship and growth of high tech SMEs.

Of note is the fact that SMEs face a “major finance gap in Europe of € 20-35 billion.” While VC funding is increasing it is not enough to support the ecosystem. “European venture capital investments are roughly eight times smaller than in the US,” states the document.

More…https://www.crowdfundinsider.com/2020/03/158578-here-is-the-eu-strategy-for-smes-and-digital-europe-digital-assets-on-the-list/

Written by Crowdfund Insider
Photo: Global Project

Related Post

thumbnail
hover

Equipping SMEs with the skills to...

SMEs and entrepreneurs heavily depend on skills to stay competitive and face greater challenges than larger firms in accessing and retaining...

thumbnail
hover

The future of entrepreneurship with AI

AI-native startups are redefining the nature of entrepreneurship through accelerated scaling. With leaner teams, evolving funding dynamics, ...

thumbnail
hover

Micro and small businesses can act...

In an international context where conflicts have reached their highest level since the Second World War, what role can micro, small, and med...

CLOSE
CLOSE