Many small businesses are innovating but lack the money and information to get their innovations to the market. Yet regional authorities could help to detect these "sleeping innovators," experts told a European Parliament hearing recently.
Micro-enterprises in the EU – those employing less than 10 people – struggle to get their innovative products to the market and regional authorities are often unaware of what they are doing, said Hubert Delorme of UEAPME, the European association of small and medium-sized enterprises.
EU cohesion policy and the regions themselves could play a big role in spotting these "sleeping innovators" through detection and assistance programmes, he said.
To read the full, original article click on this link: Regional funds: Tracking the 'sleeping innovators'? | EurActiv
