Investment Area 2.1 SME Development and Transition

This investment area will build upon existing investment to support SMEs to operate at scale through cross-border collaboration; engage in commercially led innovation; effectively transition to engage in the low carbon, circular economy; support SMEs to deliver productivity improvements or transition to the latest digital tools; and strengthen the Programme Area SME base for maximum engagement in a post COVID-19 economic landscape.

This objective will enhance growth and competitiveness of SMEs and increase job creation. It will result in the development of a stronger, more innovative and collaborative Programme Area SME base, which is delivering higher levels of productivity, exports and sustainable employment.

 Therefore in order to be attractive and relevant for SMEs, the programmes offered must demonstrate co-design with SMEs and address real practical needs and requirements.