Press Release: New EU fundraising rules: boosting venture capital for SMEs and easing access to credit

Access to finance is essential to enhance the competiveness and growth potential of SMEs. In the context of the current crisis, marked by a fall in lending to the real economy, it is increasingly difficult for such companies to access loans. For this reason the European Commission is presenting a strategy to promote better access to finance for SMEs with an EU Action Plan which includes increasing financial support from the EU budget and the European Investment Bank and a proposal for a regulation setting uniform rules for the marketing of venture capital funds.

European Commission: Memo/11/880: Commission proposal on venture capital for small- and medium-sized enterprises (SMEs) - Frequently Asked Questions http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/880&format=HTML&aged=0&language=EN&guiLanguage=en

European Commission: Memo/11/879: EU Action Plan: helping SMEs access more financial resources http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/879&format=HTML&aged=0&language=EN&guiLanguage=en

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