The Institute of Entrepreneurship Development (IED) is a Greek Organization committed to the promotion of innovation and the enhancing of the spirit of entrepreneurship. By recognizing entrepreneurship as a crucial factor for the development and cohesion of societies, it develops research and is in a position to provide innovative solutions that facilitate the growth of healthy entrepreneurship and promote employment. Its activities are based on the premise that enterprises and particularly SMEs constitute traditionally the backbone of European economies and therefore also constitute a significant factor in the attempt to reduce unemployment and lead to a wider social prosperity.