In the EU, an estimated 23 million small and medium-sized enterprises (SMEs) account for approximately 70% of EU jobs and GDP, and their flexibility is seen as a major motor of future innovation and job creation. The innovation and growth potential of European SMEs is pivotal for the prosperity of the EU as a whole. However, in the global marketplace, it is becoming increasingly difficult for SMEs to develop and maintain a competitive advantage. Great business ideas need access to an array of business tools and support to remain one step ahead of the competition.