Annual Report on European SMEs 2020/2021

The Annual Report on European SMEs 2020/2021, commissioned by the European Innovation Council and SMEs Executive Agency (EISMEA) of the European Commission, reviews the impact of the Covid 19 pandemic on EU SMEs in 2020 as well as their expected performance in 2021, after providing a brief overview of their pre-pandemic performance. The report focuses particularly on the digitalisation of European SMEs, as the use of various digital tools in 2020 helped to mitigate the impact of the pandemic.