Small and medium-sized enterprises (SMEs) are the backbone of Europe's economy. They represent 99% of all businesses in the EU. In fact, according to the European Commission SMEs have created 85% of new jobs and provided two-thirds of the total private sector employment in the EU in the past 5 years. But despite their importance, SMEs face many challenges such as access to finance, a shortage of skilled labour, new technologies to cope with. So how can SMEs become more innovative and stay ahead of the competition?
SMEthod, a seven-partner project under the EU Horizon 2020 Research and Innovation Programme, is helping the European Commission find some answers. SMETHOD is helping to match SMEs with innovation potential to the type of support that will be the most effective.
Check the SMEthod final brochure to find out more. The brochure is available in