...rrent financial and economic turmoil. 99% of businesses in the EU are SME’s, i.e. 2/3 of all private sector jobs. Small firms are, in fact, the real giants of our economy, accounting for 80% of the new jobs created (DG Enterprise). There is a political will to recognise the central role of SME’s in the EU economy (see Small Business Act). But, despite its huge economic importance, entrepreneurship ...