European SMEs day (12th of May)

This Wednesday, May 12th, we celebrate the European SMEs Day.

What are SMEs?

SMEs are small and medium-sized enterprises that work independently. They have a limited number of staff. Depending on the number of employees they have, they are distinguished as micro, small and medium-sized enterprises:

  • Micro enterprise (1-10 workers)
  • Small enterprise (10-50 workers).
  • Medium enterprise (50-250 workers).

These companies with less than 250 workers are of great importance in the economy of each country, as they generate a large number of jobs.

In the case of Spain, there are more than 3.150.000 SMEs. This means that more than 97% of the business sector in our country are small and medium-sized enterprises, which are a major driving force of the economy.

As it is de European SMEs day, let´s have a more global vision of these companies. In Europe, the situation of SMEs is very similar to that of our country. More than 99% of European companies have less than 250 employees, so they are SMEs. As if this was not enough, in recent years, SMEs have created 85% of the jobs in the European Union.

Mapa de la Unión Europeaa

Another common characteristic of SMEs is that they tend to promote innovation. Moreover, since the appearance of the coronavirus, this has only increased. Many companies have had to renew or to adapt themselves to these new changes. Small and medium-sized enterprises need to know what is going on around them, and what their customers or users want and need.

LEV2050

Our Company, LEV2050, falls into this business category.

Since our beginning we have been committed to innovation in the field of industrial microbiology.

In fact, in 2020, the European Comission granted us the Horizont 2020 “SME Phase II” award. This recognition is awarded to encourage small and medium-sized enterprises to become leaders in new markets through highly innovative and disruptive ideas.