On April 27, the European Commission launched online public consultations aimed at unlocking the full potential of Europe’s cultural and creative industries. These consultations are linked to a new Green Paper highlighting the need to improve access to finance, especially for small businesses, as the key to enabling the sector to flourish and to contribute to sustainable and inclusive growth.
"Europe’s cultural and creative industries are not only essential for cultural diversity in our continent, they are also one of our most dynamic economic sectors. They have an important role to play in helping to bring Europe out of the crisis," said Androulla Vassiliou, European commissioner for education, culture, multilingualism and youth.
According to an EC press release, “The sector, which includes performing arts, visual arts, cultural heritage, film, television and radio, music, publishing, video games, new media, architecture, design, fashion design and advertising, provides quality jobs for 5 million people in the EU.
It contributes 2.6% to Europe’s GDP—more than many manufacturing industries. The cultural and creative industries are also growing faster than most parts of the economy.
Digitization and globalization are opening new market opportunities, in particular for small businesses. But these businesses often face obstacles to fulfilling their full potential. These public consultations will encourage stakeholders and others to consider questions like:
How can we facilitate access to funding for small and micro enterprises whose only asset is their creativity?
How can the EU help to secure the right mix of creative and managerial skills in these sectors?
How can we foster more innovation and experimentation, including wider use of information and communication technologies?”
The public consultations launched by the Green Paper run until the end of July. Details are available in all 23 official languages of the EU. For more information, visit the European Commission website.