My bookmarksSign up free

Decision No 553/2014/EU of the European Parliament and of… Article 2

Decision No 553/2014/EU of the European Parliament and of… Article 2

Definitions

Article 2

For the purpose of this Decision the following definitions apply: (1) ‘SME’ means a micro-, small- and medium-sized enterprises, as defined in Recommendation 2003/361/EC; (2) ‘research and development performing SME’ means an SME which meets at least one of the following conditions: (a) reinvests at least 10 % of its turnover to research and development activities; (b) dedicates at least 10 % of its full-time equivalents to research and development activities; (c) has at least five full-time equivalents (for SME with no more than 100 full-time equivalents) for research and development activities; or (d) has 10 full-time equivalents (for SME with over 100 full-time equivalents) for research and development activities.

Read the full instrument →

Other provisions in Decision No 553/2014/EU of the European Parliament and of…

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 2 of Decision No 553/2014/EU of the European Parliament and of… (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

What to look at next