Cross-Sectoral Policy

Access to Finance for SMEs Working Group

The ECON Committee established the Access to finance for SMEs Working Group (SME WG) in November 2019. The SME WG is composed of 12 ECON Members and aims at:

  • ensuring a constant dialogue between the ECON Committee and the other institutions dealing with SMEs financing as well as the relevant stakeholders such as the relevant industry and consumer organisations;
  • improving the Members' knowledge on existing banking and non-banking sources of funds for SMEs, such as venture capital, crowdfunding, securitisation, listing on stock exchange and microfinance;
  • studying the different policy measures adopted by the Member States to improve access to finance, and their varying results;
  • elaborating on concrete proposals to facilitate the access to finance for SMEs, which could be taken up by the ECON Committee in its work.