The Small Business Act

The European Commission’s commitment to small enterprises

Picked up on Weitzenegger’s Website for International Development Cooperation, and its Newsletter.

Published on European Commission/Newsroom.

On 31st of January, the European Commission launched a public consultation on the content of a European “Small Business Act”. Its objective is to put small and medium sized enterprises SME at the forefront of decision-making in the EU and to introduce concrete measures to unlock the SMEs’ growth potential. It will include new initiatives to reduce regulatory burden on SMEs, facilitate access to Single Market/public procurement, help provide necessary financial/human resources for SME development and help SMEs face the challenge of globalization and climate change.

The Small Business Act (Public Law 85-536, as amended): Art. 1 – 36 … (full long text).

EU’s press release, Febr. 1, 2008.

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