On November 27, 2020, Tetyana Pimonenko and Oleksiy Lyulyov started a course of lectures “European policy for small and medium enterprises” for students of Sumy State University within the project “EU policy for SMEs: perspectives and challenges for Ukraine: perspectives and challenges for Ukraine”. The specifics of the EU policy in creating a favorable business environment and supporting small and medium enterprises were discussed during the classes. A lively discussion arose during the discussion of the role of small and medium enterprises in the economic growth of the country.