BUSINESS INFORM №11-2016

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Section: Foreign Experience
UDC 336.221.24
Kravets O. V.
The Experience in Supporting Small and Medium-Sized Businesses in the European Union Member States (p. 54 - 60)
The article is aimed at studying the European experience in supporting small and medium-sized businesses. The article examines the conceptual provisions on supporting small and medium-sized businesses through: creation of an enabling business environment, promoting development of entrepreneurship, access to new markets and internationalization, access to financing, supporting the competitiveness and innovative development, informatialization of entrepreneurs. Both the facilitating and the constraining factors that impact small and medium-sized businesses in the European Union have been generalized. The initiatives of the European Commission aimed at reviving the spirit of entrepreneurship in Europe have been analyzed. It has been proved that the European Union Member States have a well-developed mechanism for supporting small and medium-sized businesses. Prospect for further research in this direction is substantiating the strategic priorities for development of small and medium-sized businesses in Ukraine on the basis of the positive experience of the European Union Member States.
Keywords: small and medium-sized businesses, loans, guarantees, financing, investment, benefits, the State
Fig.: 2. Tabl.: 2. Bibl.: 24.

Kravets Olena V. – Postgraduate Student, Department of Economic Theory, National and Applied Economics, Classic Private University (70B Zhukovskoho Str., Zaporіzhzhia, 69002, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Kravets, Olena V. (2016) “The Experience in Supporting Small and Medium-Sized Businesses in the European Union Member States.” Business Inform 11:54–60.

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