Knowledge, innovation, entrepreneurship: the ingredients of economic development.

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SMEs in the Cohesion Policy Management Cycle

The objective of the study was to describe and analyse issues encountered by SMEs and SME support entities when (potentially) benefitting from EU financial support throughout all programme management phases and related project management phases. The research design involved the implementation of a literature review, case studies on selected policy measures and direct interviews to key stakeholders, and an e-survey aimed at collecting information from more than 200 SME support entities. The analysis focused on the strengths and problems in the allocation of grants and other financial instruments to SMEs (e.g. micro loans, guarantee funds, venture capital) and it investigates the contribution of SME support entities in overcoming any difficulties in the absorption of funds.
Client: European Parliament, DG for Internal Policies of the Union, Directorate B – Structural and Cohesion Policy, 2012-2013.

Partner: PPMI, Public Policy and Management Institute, Vilnius

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