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Access to finance: instrumental in SME success

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Enterprise & Industry online magazine.

While small and medium-sized enterprises (SMEs) are crucial to Europe’s economic well-being, they often find it difficult to secure financing. To tackle this issue, the EU has developed tools specifically aimed at giving SMEs greater access to loans and equity finance: these financial instruments, funded under the Competitiveness and Innovation Framework Programme (CIP), have a strong track record of success.

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Directorate-General for Enterprise and Industry, 'Financing Innovation and SMEs' Unit

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