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Europe Daily Bulletin No. 12411
SECTORAL POLICIES / Companies

SME Instrument is effective, but could be improved, says European Court of Auditors

The European Court of Auditors found that the European Commission’s SME Instrument scheme provides “useful and effective support” for small and medium-sized enterprises (SMEs) and start-ups, in a report published on Wednesday 22 January.

This scheme, with a fund of €3 billion for the 2014-2020 period, aims to provide financial support for the development of innovative projects. It is aimed at SMEs and start-ups in the EU and 16 associated countries.

Supporting breakthrough...

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