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SMEs Definition

Enterprises qualify as micro, small and medium-sized enterprises (SMEs) if they fulfill the criteria laid down in the EU Commission Recommendation which are summarized in the table below. In addition to the staff headcount ceiling, an enterprise qualifies as an SME if it meets either the turnover ceiling or the balance sheet ceiling, but not necessarily both.

Enterprise category
Headcount
Turnover
or

Balance sheet total
medium-sized

< 250

≤ € 50 million

≤ € 43 million
small

< 50

≤ € 10 million

≤ € 10 million
micro

< 10

≤ € 2 million

≤ € 2 million

This Recommendation concerns all Community policies applied within the European Economic Area in favour of SMEs (Structural Funds, Framework Programme for Research and Development) as well as State Aid, where SMEs can benefit from exemption provisions and higher aid ceilings (see General Block Exemption Regulation in the field of State Aid). The Recommendation is addressed to the Member States, the European Investment Bank (EIB) and the European Investment Fund (EIF).

Source: European Commission Enterprise and Industry

If you want to learn more: http://ec.europa.eu/enterprise/policies/sme/facts-figures-analysis/sme-definition/index_en.htm

Stakeholder Definition

A Stakeholder is a person, group or organization that has direct or indirect stake in an organization because it can affect or be affected by the organization's actions, objectives, and policies.

Source: www.businessdictionary.com

List of Stakeholder:

  • Chamber of Commerce
  • Government
  • Association
  • Consultant
  • Supplier
  • Big Company
  • Others

How Do You Manage Your Energy Costs?

Energy bills can be one of the largest costs a company faces. To reduce these costs, many companies are now implementing a wide range of policies and procedures to measure energy efficiency. We need to find out what your company is doing to measure its energy usage and what help it needs in this area. Your feedback is very valuable to us so we can develop a set of guidance materials to help companies become more energy efficient.