The SME Market in Maryland

What is a Small to Medium Enterprise?

Small and medium enterprises (SMEs) are businesses that maintain revenues, assets or a number of employees between certain thresholds. Each country has its own definition of what constitutes a small and medium-sized enterprise (SME). Small and medium-sized enterprises in North America are businesses with no more than 500 employees.

The  SME Market in Maryland
Image: Adobe Stock Felix Mizioznikov #276338213

How big is the SME Market in Maryland?

Small and medium-size enterprises play a hugely important role in the economy of Maryland. They outnumber large firms considerably, employ vast numbers of people and are entrepreneurial in nature, helping to shape innovation and support local communities.

Maryland has a population of over 6,045,680 people.

What help is available for SMEs?

Help for small and medium enterprises (SMEs) includes virtual peer-to-peer advisory boards. With our blended model utilising Zoom and supplemented by in person meetings we are able to support and grow businesses anywhere in the world. Our growing network of Regional Directors ensure that we have suitable people to help you whatever your language or time zone.

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