Tag: financial instruments

EU Annual Summary Report on the implementation of financial instruments in 2020

Posted on by Haptic

The Commission has published the Annual Summary Report on the implementation of financial instruments in 2020. The report shows that financial instruments have supported European small and medium sized companies (SMEs) and other recipients for a total of €29 billion in 2020. Out of these, €21.6 billion (of which €7 billion for working capital) under Read more about EU Annual Summary Report on the implementation of financial instruments in 2020[…]

Auditors assessed whether the SME Instrument supports innovation by SMEs

Posted on by Haptic

The SME Instrument provides effective support in developing innovation projects, according to a new report from the European Court of Auditors. More than 5000 projects have been funded and EU branding has helped SMEs to attract additional investment. However, the auditors also identify areas of improvement with a view to setting up a European Innovation Read more about Auditors assessed whether the SME Instrument supports innovation by SMEs[…]