Single portal: Helping businesses access EU finance Data tal-pubblikazzjoni: 25/09/2013
By offering information on how companies can access more than €100 billion of EU financing, the single portal on EU finance is helping entrepreneurs and SMEs in Europe face some of the major problems hampering their development.
The user-friendly portal acts as a gateway to opportunities provided by more than 1 000 EU-supported banks and other financial institutions. With banks and other investors taking fewer risks and becoming much more hesitant when it comes to funding small and medium-sized enterprises (SMEs), information and access to EU funding is more important for businesses than ever before. Over the last two years, almost one-third of the SMEs applying for bank loans were refused or ended up getting less than requested.