The European Commission presents a new Strategy to help Europe’s Industry lead the transitions towards climate neutrality and digital leadership.

The new Industrial Strategy aims to drive Europe’s competitiveness and its strategic autonomy at a time of moving geopolitical plates and increasing global competition.

The package of initiatives outlines a new approach to European industrial policy, with a range of actions to support all players of European industry, including big and small companies, innovative start-ups, research centres, service providers, suppliers and social partners.

Moreover, a dedicated Strategy for small and medium-sized enterprises (SMEs) aims to reduce red tape and help Europe’s numerous SMEs to do business across the single market and beyond, access financing and help lead the way on the digital and green transitions.

This new Industrial Strategy will help deliver on three KEY priorities:

– maintaining European industry’s global competitiveness and a level playing field, at home and globally,

– making Europe climate-neutral by 2050

shaping Europe’s digital future.

The Strategy aims to help SMEs to lead the twin transitions, which also means securing access to the right skills.

To build SMEs’ capacity for these transitions, the Commission will upgrade the European Enterprise Network with dedicated Sustainability Advisors. It will also expand Digital Innovation Hubs across every region in Europe to empower SMEs to integrate digital innovations. It will open up possibilities for volunteering and training on digital technologies.