How can small and medium-sized enterprises (SMEs) create and nurture a culture of innovation? Discover below seven steps companies should take to develop an innovative mindset and environment that supports growth.
Small businesses in Europe are under more strain than ever before. The ravaging war in Ukraine – adding to a dramatic slowdown in China’s economy, the pandemic, and the climate crisis – is rocking global supply chains, affecting industries from semiconductors to food. In this period of disruption, enhancing the ability of small and medium-sized enterprises (SMEs) and start-ups to bounce back from crises is crucial for Europe's rapid recovery.
Enterprise Europe Network supports small and medium-sized enterprises (SMEs) on their path to green business models and sustainable initiatives. The Danish SME Nortech Solutions is a case in point. With the Network’s aid, Nortech teamed up with a Czech company to launch a successful green business in 2019. Fast-forward to today, the Network’s sustainability advisers are helping small businesses develop strategies that build long-term value and reduce risk.