An enterprise with fewer than 250 employees and either annual turnover below €50 million or balance sheet below €43 million. EU procurement policy actively promotes SME participation through lot division, proportionate selection criteria, and limits on turnover thresholds.
This term is part of the EU public procurement glossary on TenderMetric. To see how it applies in practice, browse live EU tenders or read our procurement insights.
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Last Reviewed: April 2026 ·
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