Small and Medium-Sized Enterprise [WIKIAlps

Small and Medium-Sized Enterprise

“The category of micro, small and medium-sized enterprises (SMEs) is made up of enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding EUR 50 million, and/or an annual balance sheet total not exceeding EUR 43 million. A small enterprise is defined as an enterprise which employs fewer than 50 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 10 million. A microenterprise is defined as an enterprise which employs fewer than 10 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 2 million.”

Source: Commission Recommendation of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises

Projects: Alphouse, Alps Bio Cluster, Cabee, Comunis, Innocite

→ go to the list of keywords