International MSMEs Day (United Nations)
On Monday 27 June, we celebrated Micro, Small and Medium Enterprises (MSMEs) Day. This day wants raise awareness about the contribution these enterprises make to the global economy and the Sustainable Development Goals. The United Nations created this celebration.
What are MSMEs?
MSMEs are small and medium-sized enterprises that work independently. They have a limited number of staff or workers. Depending on the number of workers they have, a distinction is made between micro enterprises, small enterprises and medium-sized enterprises:
- Microenterprise (1-10 workers)
- Small company (10-50 workers)
- Medium-sized companies (50-250 workers)
In fact, these companies with less than 250 employees 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 is made up of small and medium-sized enterprises, which are a major driving force of the economy.
Another common characteristic of SMEs is that they tend to promote innovation. Moreover, since the emergence of the coronavirus, this has only increased. Many companies have had to renew or adapt 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.
Regrding our company, LEV2050, it falls into this category, although we continue to grow and innovate.
In fact, in 2020 the European Commission awarded us with the Horizon 2020 “SME Phase II” award. This recognition encourages small and medium-sized enterprises to become leaders in new markets through highly innovative and disruptive ideas.
If you would like to know more about our products, our services or about our company, LEV2050, do not hesitate to visit our website. There you will find all the information you are looking for. We hope you liked it!