Although all member states have acknowledged the importance of a rapid implementation of the SBA, the approach taken and the results achieved vary considerably between member states.
The review underlines that member states have to step up their efforts to promote entrepreneurship and SMEs to support entrepreneurship in today’s difficult economic climate.
Giving fresh impetus to the SBA
The Commission is determined to continue to give priority to SMEs. To reflect the latest economic developments, align the SBA with the priorities of the Europe 2020 strategy and continuously improve the business environment for SMEs, the review proposes further action in a number of priority areas.
Improved access to finance to invest and grow
Access to loan guarantees for SMEs through strengthened loan guarantee schemes;
Action plan for improving SMEs’ access to finance, including access to venture capital markets, as well as targeted measures aimed at making investors more aware of the opportunities offered by SMEs;
Allow all banks, independent of size, to easily implement EIB loans and EU instruments.
Smart regulation to enable SMEs to concentrate on core business
Improved EU legislation through an SME test for the Commission’s legislative proposals paying specific attention to the differences between micro, small and medium enterprises;
Development of “points of single contact” in member states to facilitate administrative procedures;
Quantified targets for reduced "gold plating", the practice of national bodies to exceed the terms of EU directives when translating them into national law.
Making full use of the Single Market
Proposal for a Common Consolidated Corporate Tax Base;
Measures to facilitate cross-border debt recovery;
Revision of the European standardisation system making standards more SME-friendly and easily accessible;
Guidance to SMEs making use of labelling of origin rules.
Helping SMEs face the challenges of globalisation and climate change
Proposals to support SMEs in markets outside the EU;
New strategy for globally competitive clusters and networks;
Specific action on regional knowledge transfer between environmental and energy experts within the Enterprise Europe Network.