Specialised and Sophisticated SME Status
Typical assessment areas
| Area | Common indicator |
|---|---|
| Specialisation | Share of revenue from the core business |
| Refinement | Management certification and product quality |
| Distinctiveness | A unique product or technology |
| Innovation | Research spending, patents and research facilities |
What it delivers
- Greater recognition in tenders and supply chains.
- Easier access to financing and support programmes.
- Pressure to formalise research and management systems.
Criteria are set by the responsible authorities. Check the current requirements before applying.