Can you benefit from the Science 2 Business Hub?
To qualify for the minimum two days assistance, your organisation must fall within the definition of a small to medium sized enterprise (SME).
This is widely defined as;
- has fewer than 250 employees
- has either an annual turnover not exceeding 50 million euro or has an annual balance sheet not exceeding 43 million euro
- 25% owned by non-SME
Exceptions to these rules could include; public investment corporations, venture capital companies or institutional investors.
| Enterprise category | Headcount annual work unit (AWU) | Annual turnover | Annual balance sheet total |
|---|---|---|---|
| Medium-sized | Fewer than 250 | Not exceeding 50m euros | Not exceeding 43m euros |
| Small | Fewer than 50 | Not exceeding 10m euros | Not exceeding 10m euros |
| Micro | Fewer than 10 | Not exceeding 2m euros | Not exceeding 2m euros |
The European Commission has published a guidance document detailing the new SME definition.
For further information on whether your organisation could qualify for assistance contact S2B.