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Small Business:driving EU growth?

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With the long-term budget topping the EU agenda, European institutions are emphasising the continent’s regions as the battleground where the economic crisis would be won or lost, yet propose to increase conditions laid on growth-oriented funding.

The UK has created a €20 million fund for small and medium businesses to help them switch to low-carbon technologies. 

Policymakers should prepare for a future in which big manufacturing business no longer exists and has been replaced by a string of ‘micro-multinational’ SMEs, according to a policy brief from an influential European think tank.

A growing community of online investors with competitive interest rates is filling a funding gap for SMEs at a time when access to bank loans is drying up. 

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