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Small and Medium-sized Enterprise. "The category of micro-, small- and medium-sized enterprises consists of enterprises which employ fewer than 250 persons and which have either an annual turnover not exceeding 50 million euro, or an annual balance sheet total not exceeding 43 million euro."
From: Advanced Glossary (2013). SESP: Social Entrepreneurship Strategy Planning. Retrieved from: http://cms.sesp-project.eu/EN/index456a.html?id=67&tx_a21glossaryadvancedoutput_pi1[char]=all&cHash=e5075e35c2