1. Cohesion Policy and Small Businesses – The launch pad for SMEs Prof
Cohesion Policy and Small Businesses – The launch pad for SMEs Prof. Danuta Hübner Regional Policy Commissioner Press briefing 09 July 2008

2. SMEs are the backbone of the European Economy
23 million SMEs in Europe, representing 99% of all businesses in the EU
SMEs provide about 2/3 of all private sector jobs in the EU
SMEs are responsible for almost all net job creation in the EU
SMEs are a major source of regional, economic and social cohesion

3. Small businesses are top priority of Cohesion Policy 2007-2013
Cohesion Policy is the biggest provider of EU funds supporting Small Businesses.
Total business support 2007 and 2013: €55 billion of which 50% is directly targeted to support for small businesses

4. € 27 bn of support specifically dedicated to Small Businesses

5. SME targeted support (relative share 2007-13 by Member State)

6. Cohesion Policy and small businesses: not just money
Integrated approach and access to finance
Local action – close to the real concerns of SMEs
Helping diversification
Innovative support measures
Networking and clusters

7. Cohesion Policy and Small Businesses Prof
Cohesion Policy and Small Businesses Prof. Danuta Hübner Regional Policy Commissioner