Small and medium-sized enterprises
15 October 2021
Small and medium-sized enterprises (SMEs) are defined by the European Commission as having less than 250 employees. SMEs are the backbone of Europe's economy. They represent 99% of all businesses in the EU.Read more
Small and medium-sized enterprises (SMEs) are defined by the European Commission as having less than 250 employees. SMEs are the backbone of Europe's economy. They represent 99% of all businesses in the EU. In the past five years, they have created around 85% of new jobs and provided two-thirds of the total private sector employment in the EU. The European Commission considers SMEs and entrepreneurship as key to ensuring economic growth, innovation, job creation, and social integration in the EU. The European Commission policy in relation to SMEs supports start-ups and scale-ups in particular. Internationalisation beyond the EU increases SMEs' performance, enhances competitiveness, and reinforces sustainable growth.
Key outputs over the years
Publications & dataTop
The sections below provide access to a range of publications, data and ongoing work on this topic.
- Publications (83)
- Ongoing work (1)
Eurofound publications come in a variety of formats, including reports, policy briefs, blogs, articles and presentations.
Financial participation for small and medium-sized enterprises: Barriers and potential solutions (report)Publication 1 September 2004
Research continues in this topic on a variety of themes, which are outlined below with links to forthcoming titles.