Turkey Makes Progress in the Implementation of Small Business Act for Europe
The results of an EU financed study, SME Policy Index: Western Balkans and Turkey 2019 is released today at a launch event in Ankara with the participation of Mr. Cevahir Uzkurt, the President of KOSGEB, Mr. Gabriel Munuera-Vinals, the deputy Head of EU Delegation to Turkey and Ms. Marzena Kisielewska, Head of South East Europe Division, OECD Global Relations. The study is carried out by the OECD in cooperation with the European Bank for Reconstruction and Development (EBRD) and the European Training Foundation (ETF).
According to the study, Turkey's main strength lies in offering a comprehensive set of support measures to SMEs especially with a view to increasing their exports. The report notes the widespread trainings on entrepreneurship, increased access to finance through the Credit Guarantee Fund, new fiscal measures on easing R&D, the standardisation strategy involving SMEs and initiatives on e-commerce as positive steps in support of the implementation of the Small Business Act for Europe in Turkey. The legislative changes regarding movable pledges in commercial transactions giving the SMEs possibility to pledge their movable assets as collateral and the new concordat regime are also reported as positive developments. The report also sets priorities and recommendations for the future regarding the systemic use of regulatory impact assessment, stakeholder engagement in decision-making, easing administrative burdens in business licenses and public procurement, establishing a mechanism for a second chance for honest bankrupt businesses and coordination and evaluation of policy instruments. The full report can be reached at this link: https://www.oecd.org/south-east-europe/programme/small-business-act-assessment.htm .
The Small Business Act (SBA) is an overarching framework for the EU policy on small and medium-sized enterprises (SMEs). It aims to improve the approach to entrepreneurship in Europe, simplify the regulatory and policy environment for SMEs, and remove the remaining barriers to their development. It is based on a set of 10 principles to guide the conception and implementation of policies both at EU and Member State level. These principles are essential to bring added value at EU level, create a level playing field for SMEs and improve the legal and administrative environment throughout the EU. Turkey is also associated to the SBA process. The SBA coordinator in the country is KOSGEB. For more information on the SBA, please see: https://ec.europa.eu/growth/smes/business-friendly-environment/small-business-act_en
The SME Policy Index: Western Balkans and Turkey 2019 is a flagship publication, providing a comprehensive overview of the implementation of the ten principles of the Small Business Act for Europe (SBA) in the seven EU pre-accession economies over the period 2016-18. It monitors progress against similar assessments performed over the past decade, identifies challenges affecting SMEs in the region and makes recommendations to overcome them.
The SME Policy Index 2019 is the fifth edition in this series, following assessments in 2007, 2009, 2012 and 2016. It is the outcome of work conducted by the Organisation for Economic Co-operation and Development (OECD) and over 600 government officials and other stakeholders in seven pre-EU accession economies, fully funded by the European Commission.