What is the SME position?

chloe_turner

A SME position is a position of responsibility within a company or organization. The title stands for "Subject Matter Expert." A SME is typically an expert in a particular area or field, and their job is to provide guidance and advice to others within the company on matters relating to their area of expertise.

SMEs are often consulted on important decisions, and their input can be critical to the success of a project or initiative. SMEs are usually respected members of their field, and their opinion carries a lot of weight.

Nikolaj845

There is no single definition for what an SME position is, as the term can mean different things in different organizations. Generally speaking, an SME position is a role that requires expert knowledge in a particular subject area or skill set. The term is often used in business and governance contexts, where SME positions may be responsible for providing specialist advice or oversight on specific projects.

mustafa_pektemek

The Small and Medium Enterprise (SME) position is a classification used by the European Commission to indicating which business qualify as a small or medium enterprise. The SME sector is considered to be a key driver of economic growth and innovation in the European Union. In order to qualify as an SME, a business must meet the following criteria:

Fewer than 250 employees
Annual turnover not exceeding €50 million
Annual balance sheet not exceeding €43 million

SMEs make up over 99% of all enterprises in the EU and account for two-thirds of all private sector employment. They are also responsible for the majority of new jobs created in the EU.

The SME sector is a key driver of economic growth and innovation in the European Union. SMEs accounted for around 60% of all new jobs created in the EU between 2000 and 2010. They also account for the majority of new businesses created in the EU each year.

SMEs are also responsible for a significant amount of innovation in the EU. In fact, around 60% of all patents registered in the EU come from SMEs.