SME market financing: Is there more to it?

Tuesday, 25 February 2020 | 13:15 to 14:30 | 1 Place du Congrès, 1000 Brussels – BE

Small and medium enterprises (SMEs) – in particular those that are young, innovative and have risky projects – face minimal financing opportunities. In recent years several initiatives have been introduced to close this funding gap and promote the development of capital markets for these companies (e.g. junior stock markets, SME Growth Markets, crowdfunding, Capital Markets Union). Yet the financing mix of European SMEs has barely changed: it is still heavily tilted towards bank loans and internal funds. More recently, in an effort to further support SMEs to raise capital in public markets, the newly elected Commission President von der Leyen has proposed the creation of a private-public fund specialising in Initial Public Offerings (IPOs).