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EU programme aims for more SME financing

EU programme aims for more SME financing

Allows Europe's banks to provide better access to finance for 330,000 SMEs

​​​​BRUSSELS, 3 July 2014 – SMEs in Europe will soon have the opportunity to access up to €25 billion of additional finance supported by the COSME programme, the EU programme for the competitiveness of small and medium-sized enterprises (SMEs). 

The programme will allow financial institutions throughout Europe to provide enhanced access to finance to up to 330,000 SMEs. DG Enterprise also presented the EU financial portal and a practical guide for SMEs to access funding in the 28 Member States.

SME finance; European Institutions