{"id":2192,"date":"2024-08-22T09:19:46","date_gmt":"2024-08-22T09:19:46","guid":{"rendered":"https:\/\/digit-up.eu\/?page_id=2192"},"modified":"2024-08-22T09:25:46","modified_gmt":"2024-08-22T09:25:46","slug":"the-eus-role-in-digital-advancement-for-smes","status":"publish","type":"page","link":"https:\/\/digit-up.eu\/index.php\/the-eus-role-in-digital-advancement-for-smes\/","title":{"rendered":"The EU\u2019s Role In Digital Advancement For SMEs"},"content":{"rendered":"\t\t
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The EU\u2019s Role In Digital Advancement For SMEs<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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In 2020,\u00a0 Margrethe Vestager, the Executive Vice-President of \u201cA Europe Fit for the Digital Age\u201d stated that \u201cevery citizen, every employee, and every business should have an equal opportunity to benefit from digitalisation.\u201d This proclamation was made after the European Commission released the Communication \u201cShaping Europe\u2019s Digital Future.\u201d This document was adopted to address concerns about the protection of individual rights in the digital realm, the fast progress of artificial intelligence, and the necessity for an EU data strategy to handle the vast amount of data produced by businesses and public entities. As a result, the Commission launched a \u201cDigital Strategy\u201d in 2020, titled \u201cShaping Europe\u2019s Digital Future,\u201d to achieve EU digital sovereignty and establish standards in a variety of areas, including digital services, the digital market, artificial intelligence, the European industrial strategy, and more.<\/span><\/p>

Over the past five years, the European Commission has broadened its strategy by setting several objectives that involve both the public and private sectors. In 2021, the Commission launched \u201cEurope\u2019s Digital Decade,\u201d a sustainable blueprint for a digital society that seeks to empower citizens and businesses under the \u201c2030 Digital Compass\u201d policy program, which in turn supports the digital transformation of the EU economy and society. EU institutions have also taken into account small and medium-sized enterprises (SMEs). In 2019, 40% of companies utilized online marketplaces to sell their products, and 90% of the platforms operating in the EU were SMEs, as per Eurostat. As previously mentioned, the European Commission strategy launched in 2020 addressed multiple areas; consequently, the EU Parliament and the Council of the European Union enacted related regulations for each of these areas. Concerning SMEs, the EU ratified four several legislative instruments:<\/span><\/p>