How SMEs are driving European growth

September

2014

2013 annual report on European SMEs via ec.europa.eu/enterprise/policies/sme/facts-figures-analysis/performance-review/index_en.htm

SMEs are independent companies with fewer than 250 employees.

They provide two out of every three private sector jobs in the European Union and are responsible for 85% of new jobs created. SMEs account for 67% of total employment and 58% of gross value added (GVA).

Latest research shows that SMEs continue to form the bedrock of the European economy, with some 20.6 million companies employing more than 87 million people. SMEs account for more than 99.8% of all enterprises.

Micro companies – defined as enterprises with fewer than 10 employees – represent the biggest share of enterprise in the EU (92%).

The European Enterprise Promotion Awards recognises and celebrates organisations and initiatives that use ground breaking, creative ways to help to create and sustain Europe’s SME and entrepreneurship community.

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Tags: employment, entrepreneurs, jobs, Micro-Enterprises, research, small business, SMEs

Promoting Enterprise

Meet SME Assembly 2019 speaker – Daniel Isenberg November 7, 2019

Today on the Promoting Enterprise News Portal we have an exciting guest! Daniel Isenberg is the founder of the Babson Entrepreneurship Ecosystem Platform, adjunct professor at Columbia Business School, and former professor at the Harvard Business School. He wrote “Worthless, Impossible and Stupid: How Contrarian Entrepreneurs Create and Capture Extraordinary Value“, which discusses the valuable […]

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Countdown to the SME Assembly 2019 in Finland November 6, 2019

BRUSSELS – 6 November 2019 – The SME Assembly 2019, the most significant event for small and medium-sized enterprises (SMEs) in Europe, is just around the corner and will be hosted by the Finnish Presidency of the European Commission in Helsinki on 25–27 November 2019. Delegates from across the world will come together to hack […]

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SME Week Newsletter 2019: Issue #7 October 29, 2019

We are getting closer to the event of the year…the SME Assembly! The prestigious SME Assembly 2019 is just around the corner and will be hosted by the Finnish presidency of the European Commission in Helsinki from 25 – 27 November 2019. Delegates from across the world will come together to hack policy, discuss enterprise […]

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Responsible and Inclusive Entrepreneurship – EEPA 2019 Shortlist October 23, 2019

Time to introduce the last of our shortlisted projects for EEPA 2019! These three projects were chosen by the EEPA 2019 Jury to compete in the EEPA 2019 finals at the SME Assembly in Helsinki this November. Today we meet the projects nominated at European level in our final category, Category 6: Responsible and Inclusive […]

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SME Week Youth Essay Competition – Who is going to Helsinki? October 22, 2019

The 2019 Youth Essay Competition jury have decided who will be going to Helsinki to give their speech in front of the SME Assembly 2019 delegates. After much discussion and debate our jury narrowed it down to their Top 4 finalists and would like to congratulate: Enzo Ercole Ribagnac Radu Dumitrescu Estelle Beuve Aureliano Ulndreaj […]

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Supporting the Development of Green Markets and Resource Efficiency – EEPA 2019 Shortlist October 17, 2019

We are nearing the end of our shortlist introductions as today is the turn of the projects nominated at European level in Category 5: Supporting the Development of Green Markets and Resource Efficiency. These three projects have been nominated for their work in green markets and for taking an environmental approach with their projects. Time […]

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The path to success – Lean Landing project blueprint October 15, 2019

What does it mean to be an EEPA winner? What goes into a successful project? Last year’s Grand Jury Prize Winner, Lean Landing from Denmark has released a blueprint of their path to success and they want to share it with you! In their blueprint they detail all the different steps they went through, lessons […]

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Supporting the Internationalisation of Business – EEPA 2019 Shortlist October 10, 2019

Time to meet the fourth category of projects that have been nominated for this year’s shortlist! Let’s meet the three projects that the EEPA 2019 Jury have chosen to compete in Category 4: Supporting the Internationalisation of Business at the EEPA 2019 finals at the SME Assembly in Helsinki this November. Crossroads 2, Belgium CrossRoads2 […]

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ARLEM Award 2020 – Apply to be the next winner October 8, 2019

Are you a young entrepreneur under the age of 35? Are you based in one of the following countries: Albania, Algeria, Bosnia and Herzegovina, Egypt, Israel, Jordan, Lebanon, Libya, Mauritania, Monaco, Montenegro, Morocco, Palestine, Tunisia and Turkey? The ARLEM Award is looking for its next winner, and it could be you! The award is looking […]

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Improving the Business Environment – EEPA 2019 Shortlist October 3, 2019

Who else has made it onto the 2019 European shortlist? You have met the first six projects chosen by this year’s jury, time to meet the next three projects that the EEPA 2019 Jury have chosen to compete in the EEPA 2019 finals at the SME Assembly in Helsinki this November. This week, we are […]

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