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SME Status – Threat or Opportunity?

Bohumil Šmucr


Keywords: SME, Structural fund, economic activity, natural person, adjacent market, single economic unit

The definition of Small and Medium Enterprise (SME) is a very topical issue. A public consultation opened from 6 February to 6 May 2018 provided a possibility for revision of its text. This article brings practical experience from use of the SME definition in the real world as a contribution to the debate. The main purpose is to open a discussion about simplification of this instrument to be user friendly for its target group – small and medium enterprises.
Keywords: SME; Economic activity; Natural person; Adjacent market; Single economic unit

Bohumil Šmucr, Head of structural fund department, Ministry of Industry and Trade of the Czech Republic, University of Economics in Prague, Cevro Institute. For correspondence: <>.


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