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Research, Innovation and Science

Commissioner delivers keynote address at event ‘Horizon 2020 Is Open for Business

© EU, 2014
"SMEs represent more than 99% of the private sector and they provide two out of three jobs in the private sector – almost 87 million jobs in 2012 – and contribute to more than half of the total value-added created by businesses in the EU – close to 3.4 trillion Euro in 2012"

 

Information Event on Opportunities for SMEs under Horizon 2020

Brussels, 3 March 2014

 

Good morning, Ladies and Gentlemen,

Thank you for showing up in such large numbers for this third information event on SMEs in Horizon 2020.

And a warm welcome to the hundreds of SME representatives and SME supporters who are following this event over the web.

All of us here today share the drive and passion to help SMEs innovate and grow, so that they can create added value not only for themselves, but also for the economy and for society at large, in Europe and beyond.

SMEs represent more than 99% of the private sector and they provide two out of three jobs in the private sector – almost 87 million jobs in 2012 – and contribute to more than half of the total value-added created by businesses in the EU – close to 3.4 trillion Euro in 2012, in fact.

Last but not least, SMEs' agility and inherent resourcefulness make many of them very effective incubators for research, development and innovation.

These facts and figures underline once again that SMEs are the backbone and the lifeblood of our economy. They deserve no less than our full attention and the very best tools to help them grow and become more innovative.

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