The Department for Internal Market, Industry, Entrepreneurship and SMEs is seeking input from the citizens and organisations
on the potential revisions or enhancements to the formal definition the European Commission uses for Small- and Medium-sized Enterprises (SMEs).
Contributions to this important consultation are especially sought from national and regional authorities, enterprises, business associations or organisations,
venture capital providers, research and academic institutions, and individual citizens.
The definition of an SME is a vital part of the EU policies such as competition (state aid), structural funds,
research and innovation (Horizon 2020). It is also utilised in some European administrative exemptions
and reduced fees, such as for Regulation on registration, evaluation, authorisation and restriction of chemicals (REACH).
The European Commission is in the process of evaluating potential revision to some aspects of the SME definition.
As part of this process the public consultation will allow any interested actor to provide input and feedback on the
evaluation and impact assessment of the SME definition.
How to submit your views
As innovator and enabler of innovation for our clients, Excellis Business Consulting
is proactive in European framework programmes in a number of areas.
We do this to ensure that our clients receive up-to-date advice and services that are cognizant of
current and future developments in new technologies, business paradigms and the
EU's wider relationship with the rest of the world.