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.

Can you benefit?
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.


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