The SME Envoy Network was set up in 2011 as part of the review of the small business act. Each EU country has nominated a national SME envoy to complement the role of the EU SME envoy who chairs the network. The group of SME envoys makes up an SME policy advisory group that promotes SME friendly regulation and policymaking in all EU countries. Even though EU countries can do a lot to improve the regulatory and policy environment for SMEs, it is often hard for small businesses to voice their opinion and reach policymakers. The network of SME envoys improves the consultation process with national SMEs and cooperation between EU countries.

The SME Envoy Network recently developed a report on the assessment of the framework conditions for business transfers (including intra-family succession, selling to a third party and business transfers to employees, i.e., workers buyouts) in the EU Member States.Transeo was involved in reviewing the report, with the support of its Members.

The EU Commission and the Luxembourg SME Envoy kindly accepted to share the main lessons learned on the occasion of our Summit!