Small business

1.6 Responsibility for monitoring and evaluation 
Objective: To establish truly independent procedures. 
Achieving independent evaluation is difficult as governments are always under pressure to demonstrate
success in their ventures. Evaluation is therefore best commissioned from more independent sources such
as consultants, academics or an independent audit commission. 
EFFECTIVE POLICIES FOR SMALL BUSINESS - © OECD 2004
1. Needs Analysis
29
In Hungary a great deal of this work is done by the Institute for Small Business Development and the Hungarian
Foundation for Enterprise Promotion. Policy Research Institutes have been created to carry some of the work in this field in
Ukraine and Croatia. 
In 1998, UNIDO published an in-depth study of policies and programmes for SME development in Central Europe 
(see Annex 1).
When financial constraints limit resources, it may be possible to engage private institutions such as
banks in providing funding support, as much of the data created is useful to their marketing. Regular
surveys of health of the SME sector are, for example, funded by one of the major banks in the UK, Natwest
(see Annex 5).

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Chapter 2.
POLICY SETTING