SME performance review
INNOVA is part of the consortium for the provision of information, consultancy and economic research services in support of SME policy development and implementation for DG Entreprise & Industry.
INNOVA is currently involved in the SME Performance Review that represents one of the main tools employed by the European Commission to monitor and assess Member States’ performance in implementing the Small Business Act (SBA). Launched by the European Commission in 2008, it represents a comprehensive source of information on the performance of SMEs in Europe and uses a wide range of success indicators, focusing most notably on the measures in the SBA Action Plan.
SME's contribution to the EU's prime economic objectives is acknowledged and well documented in both the Lisbon for economic growth and more and better jobs and its successor Europe 2020 strategy. One step further, the Small Business Act for Europe (SBA) establishes a comprehensive SME policy framework for the EU and its Member States. In the review of the Small Business Act (SBA) in February 2011 the Commission and the Member States have acknowledged that strong governance is key to a successful implementation of the SBA.