Small and Medium Enterprises Marketing in the European Context of Economic and Social Development

A crucial element for starting or developing a business is to find the adequate forms of financing. The European Commission provides guarantees to SME, therefore facilitating the contracting of bank loans. Furthermore, the Commission favours SME risk capital investments. The European Investment Fund (EIF) manages all these financial instruments on behalf of the Commission. Funds for regional development are crucial for fulfilling the objectives established by EU regarding competitiveness.