Summary
This document is a manifesto outlining Sage's perspective on the European Union's (EU) policy for small and medium enterprises (SMEs) in the context of the Digital Decade. It emphasizes the importance of digital transformation for SMEs, which represent 99% of all businesses in Europe and are crucial for economic growth. The manifesto identifies key challenges SMEs face in adopting digital technologies, including financing barriers and the need for supportive policies. It highlights a €628 billion growth opportunity that could be realized by enhancing digital adoption among SMEs. The document also discusses the EU's ambitious targets for digitalization by 2030, including the widespread use of advanced technologies and the necessity for robust policy frameworks to support SMEs in achieving these goals. Additionally, it calls for immediate action from policymakers to create an environment conducive to digital growth, ensuring that SMEs can thrive and contribute to a sustainable and competitive European economy.
