
Here is the EU Strategy for SMEs and Digital Europe, Digital Assets on the List
March 10th, 2020 – The European Commission posted its “SME Strategy for a sustainable and digital Europe.”
The strategy is in recognition that “SMEs play a key role in Europe’s industrial fabric, providing two out of three jobs, and are central to the success of this new industrial approach.”
The goal is to foster an EU Startup Nation to accelerate entrepreneurship and growth of high tech SMEs.
Of note is the fact that SMEs face a “major finance gap in Europe of € 20-35 billion.” While VC funding is increasing it is not enough to support the ecosystem. “European venture capital investments are roughly eight times smaller than in the US,” states the document.
Written by Crowdfund Insider
Photo: Global Project
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