BusinessMinistry presents action plan to strengthen small and medium-sized enterprises

RTL Today
Lex Delles, the Minister for Small and Medium-Sized Enterprises (SMEs), presented the fifth edition of an action plan to strengthen small businesses on Thursday morning.
© Claudia Kollwelter

The minister announced that the main aim of the action plan is to help SMEs be as best-prepared to the future's challenges as possible.

Last week, the SME high committee decided to renew the action plan in order to help meet SMEs specific needs and concerns.

The key points of the newest edition of the action plan are digitalisation and a second chance for entrepreneurs. This includes transferring business.

In Luxembourg, there are around 35,000 small and medium-sized enterprises, which correspond to 210,000 jobs. The government envisions spending €14.5 million in subsidies to SMEs in 2019.

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