The opinion of managers of small business entities regarding the EU structural fund investments for very small enterprises

Abstract

The article describes the significance of small business for the country's economy and its legal regulation, reviews the investments of EU structural funds for Lithuanian business, emphasizing investment for small business, and discusses the perspectives of EU structural funds investments for business. The results of the conducted research, which aims to reveal the attitude of the managers of small companies to the investments of EU structural funds for very small companies, are analysed. Respondents' proposals are distinguished: to provide free consultations to very small companies interested in receiving investment from EU structural funds, do not apply requirements for the contribution of own funds to the project for very small companies, to reduce the bureaucracy in consideration of the investment received, to expedite the evaluation of applications, to shorten the period from the application approval to the actual receipt of money.

Key words: EU structural funds, small business, very small company, investment, the attitude of managers.