Recovery and resilience scoreboard. SME Support.

thematic analysis
Author
European Commission
Date
2022-01View/ Open
Subject headings
Small and medium-sized enterprises ; Industrial StrategyAbstract
Small and medium-sized enterprises (SMEs) are the backbone of Europe's economy, representing 99% of all
businesses in the EU, employing two thirds of the EU workforce and accounting for more than half of value added. They are
adding value in every sector of the economy, from services to manufacturing, and innovation activity, and are central to the
EU’s twin transitions toward a sustainable and digital economy.