Funding options for Irish SMEs 2nd worst in EU, says report

Access to funding for SMEs in Ireland has deteriorated to second worst in the EU, according to a new study into competitiveness across all 27 member states.

10th October, 2012
The EU Commission said in a report that “the challenge for Ireland is to improve the prospects of the domestic SMEs”.

Access to funding for SMEs in Ireland has deteriorated to second worst in the EU, according to a new study into competitiveness across all 27 member states.

The EU Commission’s "Member States competitiveness performance and policies" report analyses industrial competitiveness across the EU. It found that Ireland is among the top ten EU countries for innovation due to its highly skilled workforce and the presence of technologically advanced firms.

“The challenge for Ireland is...

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