Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-14-Speech-1-157-750"

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"en.20110214.16.1-157-750"2
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"EU support instruments for small and medium-sized enterprises (SMEs) must, above all, be flexible and as unbureaucratic as possible. Banks continue to be unwilling to finance riskier business plans, including newly-established firms and innovative products. Access to funding is therefore one of the greatest obstacles confronting SMEs today. It is therefore necessary to strengthen the various methods of supporting microfinancing for companies, and to secure the better coordination and interlinking of the individual programmes that already exist. However, the complexity, the time and money expended, and the excessive administrative demands in relation to the relatively small sums involved, also present a barrier to availability. I also think that it is important to raise general levels of awareness regarding existing options and instruments for supporting SMEs in the EU."@en1

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