Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » Proposed MFF has potential to respond to current challenges
    Finance

    Proposed MFF has potential to respond to current challenges

    Sponsored By: SMEunited16 July 202503 Mins Read
    — Filed under: Press
    Share
    Facebook Twitter LinkedIn Pinterest Email

    In a first reaction to the proposal for the next Multiannual Framework, SMEunited sees its potential to deliver on the current challenges.

    Budget pie chart - Photo by Pixabay

    It covers all areas where SMEs expect support for growth, competitiveness and the twin transition. However, the association has doubts whether the funding reach SMEs to deliver the announced objectives and asks to get involved in further planning to ensure that SMEs’ expectations are met. 

    Everything will depend on the details of the various elements and the future annual work programs of the different actions. Therefore, SMEunited asks to be represented in a future Strategic Stakeholder Board, ensuring that SMEs’ interests are respected.

    On the different elements of the European Competitiveness Fund, SMEunited stated:

    •    The SME objectives can only be realised if funds for SMEs are ringfenced and cannot be deployed by larger enterprises like mid-caps, which have more resources to apply for such funds.

    •    The inclusion of SMEs as target in InvestEU is welcomed. However, a potential SME Window needs sufficient funding and has to provide SME specific Financial Instruments like loan guarantees and risk financing for innovation and transition.

    •    The specific focus on strengthening SMEs’ competitiveness and providing them with business advice and access to infrastructure and facilities is supported. It is detrimental to ensure SMEs can benefit from new technologies and create fair competition and a level playing field.

    •    SMEs agree with aiming for digital leadership, which must cover the entire digital scope. AI Factories, cloud technologies, 6G, must reach SMEs in every area and should not remain infrastructures in main cities accessible to a small number of companies. Furthermore, the digitalisation of the public sector is detrimental to work towards simplification and a data-based single market. 

    •    Clean Transition and Industrial Decarbonisation includes rightly the green transition of European SMEs. The combination of targeted funding with integrated business advice and support will help SMEs decarbonise, become more climate resilient, and mainstream circular business models. However, further attention on new opportunities for SMEs in emerging green sectors, implementing nature-based solutions and pollution prevention would help ensure a more holistic and future-proof approach.

    In addition, SMEs welcome the more integrated approach as regards cohesion policy and rural development, which allows a more encompassing approach for structural developments in such regions. The proposed framework must firmly anchor simplified and streamlined access for SMEs. SMEunited, therefore, welcomes the Commission’s commitment to upholding the Partnership Principle to ensure effective implementation.

    A future European Social Fund should aim for activation of the potential workforce, support its employability and increase mobility within the labour market. 

    Finally, SMEunited sees the proposal to collect own resources from companies as a counterproductive and wrong signal in times of decreasing competitiveness, ongoing trade conflicts and the need to master the twin transition.

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    eub2
    • Website

    eub2 is the default publisher for EUbusiness.

    Related Content

    Antonio Costa - Nikol Pashinyan - Ursula von der Leyen in Armenia - Photo © European Union 2026

    EU forges deeper economic, security ties with Armenia

    Costa - Zelensky - von der Leyen - Photo © European Union 2026

    EU Council finalises EUR 90 bn support loan to Ukraine

    Kaja Kallas - Photo © European Union 2026

    EU adopts 20th package of sanctions against Russia

    Ursula von der Leyen - Antonio Costa -Ahmed al-Sharaa - Photo © European Union 2026

    Brussels proposes full resumption of EU-Syria Cooperation Agreement

    Zelensky - Kallas- Ukraine - Photo © European Union 2026

    EU to deliver EUR 1.4 bn revenue from frozen Russian assets to be used for support to Ukraine

    Fitto - Mînzatu - Photo © European Union 2026

    EUR 34.6 bn cohesion funds reallocated to EU’s strategic priorities

    LATEST EU NEWS
    Disabled person - Image by svklimkinfrom Pixabay

    Deal on new EU law to protect vulnerable adults

    13 May 2026
    High-speed rail - Photo by Pasquale Ferraro on Pexels

    EU pledges one-ticket rail travel for Europe-wide travel

    13 May 2026
    Drugs - Photo by Myriam Zilles on Unsplash

    EU reaches deal on tackling shortages of essential medicines

    12 May 2026
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    May currency outlook – Euro currency news

    12 May 2026
    Clean drop of water - Image Pexels

    New legislation to strengthen protection of water in the EU enters into force

    11 May 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Cookie Policy
    • Terms
    • Disclaimer

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Manage Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?