Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-13-Speech-4-263-000"

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"en.20120913.29.4-263-000"2
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"Access to funding is vital for increasing the potential competitiveness and growth of SMEs. During the current crisis, highlighted by a fall in the number of loans granted to the real economy, such companies are finding it increasingly difficult to gain access to loans. Venture capital provides early funding to newly created business and is an important source of long-term funding for newly created and innovative SMEs. However, the limited sizes of funds and the fact that they can only provide low levels of capital have prevented them from playing a bigger role in funding new businesses. Consequently, SMEs continue to rely on bank loans in the short term. I think that increasing venture capital funds means more capital for individual companies and will enable funds to specialise in certain sectors such as information technology, biotechnology or health."@en1

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