SMEs (Small & Medium-sized Enterprises)

Small & Medium-sized Enterprises (SMEs) are businesses with fewer than 250 employees and an annual turnover of less than €50 million. SMEs often face particular challenges when procuring goods and services, due to their size and limited resources. As such, they require dedicated strategies for efficient procurement procedures to ensure they can access the best possible deals. With this in mind, procurement departments need to take steps to ensure SMEs have fair access to contracts within their area of expertise, ensuring competition remains healthy and the market stays vibrant.