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.
The new decade began differently than anyone could have ever expected. The abrupt and sweeping changes that we now face because of the COVID-19 crisis were impossible to foresee. Different needs, new rules, shifting priorities; we were all asked to adapt quickly to an unprecedented situation. SMEs around the world are struggling to stay afloat and to adjust to the current challenge. This is where the Enterprise Europe Network stands strong, helping companies overcome these difficult times.