Dadelo Achieves Impressive Sales Growth with Its Bicycle Shop Chain
Dadelo, a prominent player in the bicycle retail sector, reports a remarkable 84% year-over-year sal
moreBergans of Norway Expands its Retail Footprint with a New Outlet Store in Germany
Building on its longstanding presence in the German market, Bergans of Norway has further extended i
moreCamelBak Partners with Grofa Action Sports for Distribution in Germany and Austria
CamelBak, a leading hydration systems and water bottles company based in Petaluma, California, has
moreOn Debuts Its Premier Store in Germany, Focusing on Athletic Excellence
Switzerland's rapidly expanding sportswear label, On, is set to inaugurate its first retail outlet
moreThe North Face brand is expanding its sales network - new stores in Warsaw and Wrocław.
The North Face, a global leader in outdoor apparel and equipment, is broadening its retail footprint
more
"Business
Partner search for the Sports industry in Central Europe"
You are here » Home Page
» CE Sports Business News
» SMEs receive support from EBRD
SMEs receive support from EBRD
2017-03-22 source ownIn every economy, small- and medium-sized enterprises (SMEs) provide the backbone because they create employment, innovation, and increase the overall productivity of a nation. For many years, the EBRD and their various donors have recognised this and helped wherever possible. Whether it is financial help or perhaps just advice from a group of experts, they help SMEs to thrive.
In 2016, this continued and their passion for this industry was clear to see. Coupled with the EBRD, around €160 million made its way to SMEs across all of Europe from the EU last year. Surprisingly, Albania was the biggest donor from the EU and they were joined by the EBRD Shareholder Special Fund, the Western Balkans Investment Fund, Taiwan Business-EBRD Technical Cooperation Fund, Shell, Korea, Italy, Switzerland, Italy, Japan, and the US.
Over time, this money has had a great impact on the businesses. In total, it is thought that €1.2 billion has been made available through various financing options and thousands of SMEs sought advice through the networks set up by the EBRD. As this is set to continue long into the future, we can be confident that SMEs are given every opportunity to excel in their market.