Helping SMEs to innovate

The life blood of the EU’s economy is the Small & Medium sized Enterprise. In the EU, SME make up 99% of all businesses and provide two-thirds of all jobs within the private sector.

Small firms play an ever-more central role in innovation, driven both by changes in technologies and markets. While some spin-offs and high growth firms are remarkably successful, most small firms are not realising their potential. To help them to do so, Interreg NWE supports SMEs to engage in all types of innovation, enabling access to innovation funding, and to internationalise their activities.

Challenge 2

1424

New marketable products, processes and services produced

398

Enterprises created

859

SME networks created or strengthened

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