SMEs are key to unlocking apprenticeships for disadvantaged young people
The sector needs to do more to reconnect with small and medium sized employers if we are to provide greater opportunities for 16-18 year olds,…
SMEs
What does SME mean?
SME stands for Small and medium-sized enterprises.
What are SMEs?
Small and medium-sized enterprises or small and medium-sized businesses are businesses whose personnel and revenue numbers fall below certain limits.
How many SMEs are in the UK?
At the start of 2023 there were 5.5 million small businesses (with 0 to 49 employees), 99.2% of the total business population. SMEs account for 99.9% of the business population (5.6 million businesses).
Industry and academic collaboration supports SMEs to accelerate digital transformation
An industry and academic partnership between innovation hub operator IN4 Group and Lancaster University, part of the Greater Manchester AI Foundry, has supported 30 SMEs to innovate and…
6 things that could shut down your SME
Small and medium-sized businesses are the lifeblood of the UK’s economy with 99% of the UK’s business population made up of SMEs and nearly two…
£45m package to train staff and help Welsh SMEs grow
A £45m package of funding that will help small businesses across Wales to grow and support thousands of people to train to work in key…
