Institutional and regulatory framework for SME policy making (Dimension 3) in Eastern partner countries

The “think small first principle” requires public authorities to consider SMEs’ interests early on in the policy-making process. A comprehensive and coherent policy and institutional framework is therefore necessary to ensure that laws and regulations are SME-friendly and that public initiatives address the needs of SMEs effectively. Dimension 3 assesses three interrelated aspects of the SME policy process: the institutional framework the adoption of legislative simplification and regulatory impact analysis tools for SMEs and the existence of participatory platforms for public-private consultations on SME-related topics.