An SME Strategy for a Sustainable and Digital Europe

Theme: Industry
Title: An SME Strategy for a Sustainable and Digital Europe
Policy Reference: COM(2020) 103

Overview

The Strategy puts forward actions based on the following three pillars:

 

  • Capacity-building and support for the transition to sustainability and digitalisation;
  • Reducing regulatory burden and improving market access; and
  • Improving access to financing.

 

The objective is to unleash the power of Europe’s SMEs of all kinds to lead the twin transitions. It aims to considerably increase the number of SMEs engaging in sustainable business practices as well as the number of SMEs employing digital technologies. Ultimately, the goal is that Europe becomes the most attractive place to start a small business, make it grow and scale up in the single market.

European Commission

This Communication was published on March 10, 2020.

 

It follows the European Commission’s European Green Deal, which aims to achieve a climate-neutral Europe by 2050.

European Parliament

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Council of the EU

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Negotiation Stage

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Final Adoption

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Local Implementation

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