Small and Medium-sized Enterprises
Small and Medium-sized Enterprises (SMEs) can attract higher levels of assistance than large companies.
Is Your Business a Small Enterprise?
Your business must employ fewer than 50 people and either
- Have a turnover of less than €10m (£6.7m) or
- Have a balance sheet total (net assets) of less than €10m (£6.7m)
Is Your Business a Medium-sized Enterprise?
Your business must employ fewer than 250 people and either
- Have a turnover of less than €50m (£34m) or
- Have a balance sheet total (net assets) of less than €43m (£29m)
All of your business' partner and linked enterprises must be taken into account.
A partner enterprise occurs when your business holds 25% or more but no more than 50% of the shareholding/voting capital of another enterprise or 25% or more but no more than 50% of your shareholding/voting rights are held by another enterprise. In such circumstances, the relevant percentage share of the other enterprise(s) data must be included in your SME calculation.
A linked enterprise occurs where your business holds more than 50% of the shareholding/voting capital of another enterprise or more than 50% of your shareholding/voting rights are held by another enterprise. In such circumstances, all of the other enterprise(s) data must be included in the SME calculation.
