Recovery and resilience scoreboard. SME Support.
Subject headingsSmall and medium-sized enterprises ; Industrial Strategy
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.