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A new Biotech and Biomanufacturing Hub will support companies – particularly start-ups and SMEs - in bringing innovative products to the EU market and increase their competitiveness. The hub will also help companies identify the support available at EU level and how to access this.
Today, the European Commission is publishing the 2025 Annual Single Market and Competitiveness Report analysing the strengths and weaknesses of the EU economy. It provides the analytical context for the Competitiveness Compass? an action plan that will reignite economic dynamism in Europe.
The 2024 survey on SMEs’ access to finance (SAFE) results, an annual survey conducted by the Commission and the European Central Bank, shows businesses facing better financing conditions in the past year, but still not the same as before the general economic downturn.