EU - consultation on the review of the SME definition
Public consultation on the review of the SME definition is open until 6 May 2018.
The European Commission launched a public consultation on the review of the SME definition.
Objective of the consultation
The SME definition as provided in Recommendation 2003/361/EC is the structural tool to identify enterprises that ar e confronted with market failures and particular challenges due to their size, and therefore are allowed to receive preferential treatment in public support.It is a widely used tool in EU policies such as competition (state aid), structural funds