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Innovation for SMEs and its importance for the European Union

European policy regarding SMEs is very clear. They are considered to be the backbone of the European Economy and for a good reason. Small and medium enterprises are the ones that drive the local economy. Big corporations always have the lead of course but, the bigger the corporation, the bigger the risk.

However, as the world evolves, so must SMEs. And unfortunately, individual SMEs are finding themselves at a disadvantage. Acquiring the knowledge needed in order to procure innovation within the European borders is not always easy to do. And by being an individual SME owner with little to no experience in the field of innovation, things can be much more complicated.

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Innovation for SMEs and its importance for the European Union

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