Radu Dumitrescu, a 24 year-old from Romania, was proclaimed a winner of this year’s SME Week Youth Essay Competition during the European Commission’s SME Assembly.
Radu Dumitrescu is one of the Editors-in-Chief of The New Federalist web magazine. In his speech as potential EU Commissioner for SMEs and Entrepreneurship he said: “So, what is our goal? To put the new industries at the heart of European SMEs – to create ‘Silicon Europe’. We can no longer afford to linger in coal, petrol, manufacturing jobs, farming and hard labour. They cannot be abandoned either, but the way to the future is through the digital, the online, the streaming and the virtual. That is where the state of the future will be, where voters will have their say, where poets will forge their dreams and where love will take hold of couples. But first, it is where money will be made – and European SMEs will pioneer the way during my term.”
The SME Week Youth Essay competition, run by the European Commission, is in its fourth edition. This year the competition asked young people aged from 18-25 to prepare a speech from the perspective of the new Commissioner for SMEs and Entrepreneurship addressed to Europe’s entrepreneurs. Entries were received from 20 different countries, with the top two being Albania and Romania, followed closely by Italy, Greece, Turkey and Ukraine . The top 10 applicants then had to propose concrete measures and initiatives that could benefit from the application of the ‘Think Small First Principle’.
The SME Assembly is the annual flagship event of the European SME Week and is hosted by the current European Commission presidency. This year the Assembly was hosted by the Finnish Presidency of the European Commission in Helsinki on 25–27 November 2019. Delegates from across the world came together to hack policy, discuss enterprise and create the governance structure of the Small Business Act.