Our small companies at the heart of the European Commission’s big efforts to deliver on the SDGs
Monday, October 26, 2020, by Kristin Schreiber, Director for SME Policy at the European Commission’s Directorate General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW), Germany.
How Small Business can play a role to deliver on the SDGs
The COVID-19 pandemic that struck Europe and the world in Spring 2020 has brought about many challenges and fears – for citizens, businesses and governments. But it has also demonstrated that we need to act as a global community in order to come out of the crisis stronger, more resilient and sustainable. This means breaking down barriers, sharing best practices and inspiring big ideas. It also means involving all elements of Europe’s social and economic fabric in the recovery process – and our micro, small and medium enterprises (SMEs) are key actors here.
Small businesses have been most affected by the COVID-19 crisis: they have often been cut off from customers, clients and suppliers and deprived of precious liquidity. Many have not survived and many others are only limping through, burning up valuable rainy day reserves