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The EFSE aims to foster economic development and prosperity in the Southeast Europe region and in the European Eastern neighbourhood region through the sustainable provision of additional development finance, notably to micro and small enterprises and to private households, via qualified financial institutions.

In its annual report 2016, the EFSE highlights how it has continued to expand its support for startups by helping smooth the sometimes rocky path facing new businesses in EFSE regions, areas which have suffered unprecedented disruptions to their economic systems. It is also mentioned, that some markets, however, still need to improve a number of the elements required for successful entrepreneurship: access to finance, formal education in business and finance, and an environment supportive of both startups and their resulting small and medium enterprises, all of which are continually confronted with new challenges. 

 

Latest Useful information
28.11.2023
The purpose of this document is to set out guidance for the implementing partners of the EU-funded programmes under the EU4Business Initiative and other third parties that communicate about programmes funded by the EU under its EU4Business Initiative.
12.12.2022
Read the SME Policy Trends October 2022 Bulletin: Armenia.
25.11.2022
Read the SME Policy Trends October 2022 Bulletin: Ukraine.

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