Small & Medium Enterprises (SMEs)
Why is TrustEE focused on SMEs?
As major contributors to Europe's economy, SMEs demand a significant amount of process energy. While European industry has cut energy intensity significantly since 2000, SMEs face challenges investing in energy efficiency and renewable projects, including:
- Limited human and financial resources
- Reduced access to capital and financing, and
- Perceived/real risks.(5)
Share of SMEs (% total) for select industry sectors (1)
| Sector | # of Enterprises | # of Employees | Value added |
|---|---|---|---|
| Industry average | 99.0 | 57.1 | 42.3 |
| Mining & quarrying | 99.2 | 81.1 | 74.8 |
| Food & beverage | 99.1 | 63.0 | 47.1 |
| Textiles | 99.2 | 71.5 | 72.3 |
| Pulp & paper | 97.3 | 53.4 | 41.5 |
Read TrustEE’s report for further information on SMEs. Learn more about TrustEE financing and services targeting SMEs…
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the potential for SMEs to invest in energy efficiency and renewables...