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Audit preview: EU support for the internationalisation of SMEs

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Small and medium-sized enterprises (SMEs) play a key role in Europe’s economy, generating more than half of the economic output and providing two-thirds of the EU’s private sector employment.

Supporting SME internationalisation in the Single Market and in third countries is a key element of the Union’s overall competitiveness strategy. In 2011, the Commission issued an EU Strategy for SME internationalisation. The strategy aimed to bring coherence to the wide number of existing actions in support of European SMEs’ international growth, and to set the principles that should govern any EU-level initiative in this field.

The European Court of Auditors is preparing an audit to assess coherence of the SME internationalisation strategy and how effective EU measures have been so far.

If you wish to contact the audit team, you may do so at the following email address: