Small and medium sized enterprises 1 participation
Small and medium sized companies Small and medium-sized companies are the backbone of our social market economy. More than four million self-employed and employees working for small and medium-sized companies in industry, craft enterprises , commerce, services and the liberal professions are an engine for growth, employment and education in Germany. Working with their employees they create value and with their creativity and innovation ensure that Germany’s economy remains competitive Family-run businesses stand for sustainable thinking, social cohesion and solid business practices. We must build upon these strengths. We want to improve the framework conditions for small and medium- sized companies, craft enterprises and the liberal professions, make self-employment more attractive and encourage a dynamic start-up culture. Craft enterprises ensure high quality standards, good training and successful business start-ups. A master craftsman’s diploma is certificate of high quality. We want to strengthen the liberal professions and craft enterprises and ensure their importance is better recognised and protected at the European level. We are actively pursuing a reworking of accounting standards that will benefit small and medium-sized companies. In co-ordination with the federal states programmes we are exploring the introduction of innovation vouchers. KfW - a bank for small and medium-sized companies Development banks are a fundamental component of every free economic system. We will strengthen the KfW development bank in its core function as a bank for small and medium-sized companies. We believe it is essential the KfW does not operate in direct competition with private, co-operative banks or with savings banks (Sparkassen). KfW programmes must be subject to continuous evaluation. Processing times will be shortened. We will ensure the KfW complies as necessary with the regulations in the German Banking Act (KWG). We want to significantly streamline the administrative and supervisory structures of the KfW. This will require corresponding amendment of the KWG. Germany – the land of entrepreneurs More innovation should come from Germany and the country should shape lead markets. We will work with the business community to enhance funding programmes for start-ups, start-up funds and company successions, create better framework conditions for venture capital and campaign for a self-employed business model. We want to free young, innovative companies from bureaucratic burdens so ...
Small and medium sized companies provisions The agreement aims to benefit EU companies, whatever their size, and in particular small and medium- sized companies. These companies are often deterred from entering new export markets due to things like red tape at customs, costly testing and certification requirements and sometimes a real lack of knowledge of regulatory requirements and processes to place their products on the export market. Thanks to the agreement, both sides will set up an online platform providing easy access to information on import require- ments and preferential trading arrangements that will benefit small and medium-sized companies.
