|Author (Corporate)||European Commission: DG Internal Market Industry Entrepreneurship and SMEs|
|Series Details||COM (2020) 103|
Communication published on 10 March 2020 by the European Commission, setting out a Strategy designed to help small- and medium-sized enterprises (SMEs) lead the transition to climate neutrality and the digital transformation.
This Strategy put forward actions based on three main pillars:
These actions are to be built on the EU's existing SME policy framework and support programmes, notably the 2008 Small Business Act, the 2016 Start-up and Scale-up Initiative, the COSME Programme, and SME support actions funded under the Horizon Programme and ESIF. The Strategy is part of an Industry Policy Package led by a Communication on a 'New Industrial Strategy for Europe'. It builds on findings from Single Market Barriers Communication and on initiatives set out by the Enforcement Action Plan to address those barriers. The Industrial strategy stresses the role of SMEs for a competitive and innovative European industry.
|Subject Categories||Business and Industry, Internal Markets|
|Subject Tags||Single Market, Small and Medium-sized Enterprises [SMEs]|
|International Organisations||European Union [EU]|