Author: Enterprise and Industry
Year: 2008
Source: Enterprise and Industry
The importance of Small and Medium-sized Enterprises (SMEs) for the EU economy is now well recognized and a comprehensive EU SME policy was put in place in 2005 as an integral part of the Lisbon Partnership for Growth and Jobs (Commission’s Communication on a Modern SME Policy for Growth and Jobs). An assessment of the SME policy results during the 2005-2007 period has shown that substantial progress has been made both at EU and national level with the implementation of the "think small first" principle.
Web link: http://ec.europa.eu/enterprise/entrepreneurship/sba_en.htm
