“We need to help young innovators and SMEs to become more innovative and competitive facilitating their access to funding,” Internal Market Commissioner Michel Barnier told a press conference.
EU executive research shows that a company with long-term venture capital investors is more successful than a company that has to rely on short-term finance from banks. However, strict screening criteria and limited funds make it difficult for companies to access this capital.
To read the full, original article click on this link: Brussels seeks to boost SMEs’ access to venture capital | EurActiv
