DG GROW manages the implementation of the Single Market Programme (4.2 billion EUR from 2021 to 2027), which aims to strengthen the governance of the Single Market. This improved market surveillance will help to make the internal market work better including boosting the competitiveness of businesses, in particular SMEs. The Single Market Programme will develop effective European standards and advance international financial and non-financial reporting and auditing standards. It will also further raise consumer protection standards, maintaining high levels of food safety. DG GROW also manages parts of the Programme for Research and Innovation, Horizon Europe.