Milica Ristić Cakić: Financial Challenges of Entrepreneurs in the European Union

On June 13, 2025, a key presentation by Milica Ristić Cakić as part of the USE IPM project was delivered spotlighting the pressing financial challenges faced by entrepreneurs across the European Union. She emphasized access to finance as a major hurdle, especially in Central and Eastern Europe.

Milica Ristić Cakić discussed how many entrepreneurs still rely heavily on internal funds, with limited use of external sources like bank loans due to fear of rejection or lack of negotiation skills. The presentation highlighted the need for better integration of digital tools and increased public support to bridge these gaps.

The presentation also drew attention to broader systemic issues, including complex administrative procedures, evolving legal frameworks, and the challenges of green transformation. These, coupled with the rapid rise of artificial intelligence and ongoing labor and skills shortages, form a complex landscape that entrepreneurs must navigate. By addressing both structural and informational barriers, the USE IPM project seeks to foster more inclusive and sustainable entrepreneurial ecosystems throughout the EU.