SME

SBC’s initiatives for Small and Medium-sized Enterprises (SMEs) are available to members and non-members alike. Using the menu on the left, please click through to find out more information on each initiative.

For the purposes of our SME initiatives, we use the European Commission definition of an SME, the latest version of which took effect on 1st January 2005. The Commission defines an SME as an enterprise with less than 250 staff and an annual turnover not exceeding 50 million euro (approx. £34 million) or a balance sheet total not exceeding 43 million euro (approx. £29 million). For companies fitting this definition there are EU funding opportunities – click here for further information.