Industry giants unite to focus on SMEs

Microsoft, Intel and Hewlett-Packard have launched a new Small and Medium Enterprise Consortium

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Microsoft, Intel and Hewlett-Packard have launched a new Small and Medium Enterprise Consortium designed to support the European Commission’s goal of making Europe a more competitive and dynamic place to do business.

 

The consortium will focus on stimulating SMEs through an expansion of the Microsoft EU Grants Advisor initiative (EUGA). It aims to raise significantly the awareness of EU funding opportunities for the 55% of SMEs currently unaware that they qualify for assistance. It will also help them gain easier access to the funds and increasing their ability to benefit from the funds available.

 

The EUGA programme includes a dedicated SME website and independent specialised consulting services offering information about available technology, employment and business start-up grants. In addition, it will offer SMEs help with the application process should they wish to apply for the grants for which they are eligible.

 

"The majority of businesses in Europe are small and medium-sized enterprises and, with a contribution of 57% to the GDP, they are a key driving force behind the creation of new and better jobs, as well as stimulating competitiveness and innovation," says Jean-Philippe Courtois, chief executive of Microsoft Europe, Middle East and Africa (EMEA).

 

"Access to finance is one of the most common obstacles to SME growth. With Intel and Hewlett-Packard, we are able to help SMEs tackle this challenge through practical support," he said.

 

 

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Read more on IT for small and medium-sized enterprises (SME)

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