European Commission releases new SME and Industrial Strategies

The European Commission has released new strategies for Industry and SMEs.

The Industrial Strategy centres on enabling Europe’s industry to do drive its economy forward, while providing a fair living for citizens and sustaining innovation. The strategy underlines the importance of the single market and mentions skilling and reskilling among its key action points.

The Commission also released an SME strategy to support SME’s potential for the digital economy. The European DIGITAL SME Alliance has welcomed the strategy, emphasising that ‘any action in the area of digitalisation needs to go hand in hand with enabling SMEs and their eco-systems to drive the digital transformation’.