Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-269-000"
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"en.20110216.11.3-269-000"2
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"I voted in favour of this draft motion for a resolution, because small and medium-sized enterprises (SMEs) make a fundamental contribution to economic growth, social cohesion, job creation and innovation. It is very important to establish effective instruments to support SME finance, paying particular attention to mezzanine financial instruments in the next programming period, which would remove obstacles to financing and would promote the creation and growth of new innovative enterprises, providing greater access to European venture capital and bond markets, while at the same time removing the barriers to the development of these markets. I agree with the proposal aiming to create better conditions for start-ups and innovative enterprises to have access to private equity. We must make every effort to ensure that existing financing facilities are effectively implemented both at national and EU levels, simplifying administrative procedures and making it easier to use the Structural Funds. It is very important for the Member States to implement fundamental reforms in SME taxation and support systems. There also needs to be increased funding from the EU budget for innovative financial instruments, with more funding being allocated to the Competitiveness and Innovation Programme. Furthermore, administrative obstacles must be reduced for SMEs, streamlining management in connection with innovative financial instruments, coordinating SME financing programmes and creating a one-stop shop."@en1
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