This package aims to strengthen SME competitiveness and resilience through a combination of legislative and non-legislative measures, simplifying administrative procedures, improving access to finance and ensuring a more SME-friendly regulatory environment.
One of the Access to Finance Unit’s priorities is raising finance for SMEs’ sustainability transition, while minimising administrative burdens. To unlock their full potential, SMEs require
- A simple and standardised framework to report on ESG (Environmental – Social – Governance) issues.
- Financial institutions that actively support their sustainability transition.
Despite existing measures, SMEs struggle to secure funding for green projects. Although they are generally not subject to the EU’s sustainable finance framework (except listed SMEs), they increasingly receive sustainability-related information requests from financial institutions and value chain partners. The Commission is addressing these issues through key actions set out in the SME Relief Package.
EBRD Equity Facility
The European Commission and the European Bank for Reconstruction and Development (EBRD) have launched a joint facility to provide equity investments for the exploration of critical and strategic raw materials. This initiative aims to mobilise around €100 million in investments, supporting projects that enhance the EU's supply chain resilience and reduce dependence on external sources.
We encourage European companies, especially SMEs involved in the raw materials sector, to explore the opportunities presented by this facility. By participating, businesses can access equity investments that support exploration activities, fostering innovation and growth within the industry.
For more detailed information, please refer to the official press release.
Export Finance Pilot
Supporting European Businesses Exporting to Ukraine
The Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW) supports the European Commission’s latest initiative under the InvestEU programme, designed to encourage European businesses to expand their exports to Ukraine. This action underscores the EU’s commitment to helping Ukraine recover economically while fostering stronger economic ties between EU countries and Ukraine.
The initiative provides financial guarantees to reduce the risks associated with exporting to Ukraine. By addressing challenges such as credit risks and market uncertainties, the programme ensures European businesses can confidently explore new opportunities in Ukraine, contributing to its economic resilience and reconstruction.
Why this matters
This effort is a vital step in strengthening the EU’s single market and supporting EU countries’ businesses. By facilitating trade with Ukraine, we are not only opening up new business opportunities but also reinforcing the EU’s strategic partnership with a key ally. Ukrainian businesses and consumers stand to benefit from increased access to European goods, while EU exporters can establish a strong foothold in a rebuilding economy with vast potential.
See the following press release for more information: InvestEU supports exports by European companies to Ukraine