1.19 What is the definition of SMEs under the call for strategic projects? Would cooperatives involved in the agro-food sector be considered as SMEs? Published 2011/07/07

According to European Commission Recommendation 2003/361/EC concerning the definition of micro, small and medium-sized enterprises, SMEs can be identified based on the following criteria:
- Headcount: < 250 for Medium-sized enterprises and < 50 for Small-sized enterprises;
- Annual turnover: ≤ € 50 million for Medium-sized enterprises and ≤ € 10 million for Small-sized enterprises.
Moreover, following the EC definition, an enterprise is “any entity engaged in an economic activity, irrespective of its legal form”.
This definition of SMEs only concerns European Union Member States and does not preclude other definitions according to the national legislations of Mediterranean Partner Countries.