Mark Horner
The SME Market in The Canary Islands
What is a Small to Medium Enterprise in The Canary Islands?
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). Certain size criteria must be met and occasionally the industry in which the company operates in is taken into account as well.
SMEs in Europe are defined as having a Staff head-count of between 10 and 250 employees, or a sales turnover (revenue) of between €2 m EUR and €50 m EUR, or a Balance sheet total of between €2 m EUR and €43 m EUR (assets).
Small and medium-sized enterprises (SMEs) are the backbone of Europe's economy. They represent 99% of all businesses in the EU. They employ around 100 million people, account for more than half of Europe’s GDP and play a key role in adding value in every sector of the economy. SMEs bring innovative solutions to challenges like climate change, resource efficiency and social cohesion and help spread this innovation throughout Europe’s regions. They are therefore central to the EU’s twin transitions to a sustainable and digital economy. They are essential to Europe’s competitiveness and prosperity, industrial ecosystems, economic and technological sovereignty, and resilience to external shocks.
| 🇮🇨 EUR [1.1643 GBP] | Atlantic/Canary |
How big is the SME Market in The Canary Islands?
Small and medium-size enterprises play a hugely important role in the economy of The Canary Islands. They outnumber large firms considerably, employ vast numbers of people and are entrepreneurial in nature, helping to shape innovation and support local communities.
The Canary Islands has a population of over 2,153,000 people.
What help is available for SMEs in The Canary Islands?
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.
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.
Canary Islands has links with Austria
🇮🇨 Adeje, 🇦🇹 Bischofshofen
Canary Islands has links with Bolivia
🇮🇨 Santa Cruz de Tenerife, 🇧🇴 Santa Cruz 🇮🇨 Santa Cruz de Tenerife, 🇧🇴 Santa Cruz de la Sierra
Canary Islands has links with Brazil
🇮🇨 Santa Cruz de Tenerife, 🇧🇷 Rio de Janeiro 🇮🇨 San Cristóbal de La Laguna, 🇧🇷 São Paulo
Canary Islands has links with China
🇮🇨 Santa Cruz de Tenerife, 🇨🇳 Shenzen 🇮🇨 Santa Cruz de Tenerife, 🇨🇳 Shenzhen 🇮🇨 Las Palmas, 🇨🇳 Siming District 🇮🇨 Las Palmas, 🇨🇳 Xiamen
Canary Islands has links with Colombia
🇮🇨 San Cristóbal de La Laguna,
Canary Islands has links with Costa Rica
🇮🇨 San Bartolomé de Tirajana, 🇨🇷 Alajuela
Canary Islands has links with Cuba
🇮🇨 Candelaria, 🇨🇺 Candelaria 🇮🇨 La Orotava, 🇨🇺 Remedios
Canary Islands has links with Cabo Verde
🇮🇨 Las Palmas, 🇨🇻 Praia
Canary Islands has links with Germany
🇮🇨 Puerto de la Cruz, 🇩🇪 Düsseldorf 🇮🇨 Santa Cruz de Tenerife, 🇩🇪 Düsseldorf 🇮🇨 Adeje, 🇩🇪 Unterhaching
Canary Islands has links with The Dominican Republic
🇮🇨 Santa Cruz de Tenerife, 🇩🇴 Santo Domingo
Canary Islands has links with Western Sahara
🇮🇨 Santa Lucía de Tirajana, 🇪🇭 La Güera
Canary Islands has links with Spain
🇮🇨 Puerto de la Cruz, 🇪🇸 Almuñécar 🇮🇨 Santa Cruz de Tenerife, 🇪🇸 Aranda de Duero 🇮🇨 Las Palmas de Gran Canaria, 🇪🇸 Cádiz 🇮🇨 Santa Cruz de Tenerife, 🇪🇸 Cádiz 🇮🇨 Gáldar, 🇪🇸 Calatayud 🇮🇨 San Bartolomé de Tirajana, 🇪🇸 Elche 🇮🇨 Adeje, 🇪🇸 Paterna 🇮🇨 Candelaria, 🇪🇸 Rota 🇮🇨 San Bartolomé de Tirajana, 🇪🇸 Segovia 🇮🇨 San Cristóbal de La Laguna, 🇪🇸 Telde 🇮🇨 Las Palmas, 🇪🇸 Vigo
Canary Islands has links with France
🇮🇨 Santa Cruz de Tenerife, 🇫🇷 Nice
Canary Islands has links with Guatemala
🇮🇨 Santa Cruz de Tenerife, 🇬🇹 Guatemala City
Canary Islands has links with Canary Islands
🇮🇨 Candelaria, 🇮🇨 Arafo 🇮🇨 Arafo, 🇮🇨 Candelaria 🇮🇨 Güímar, 🇮🇨 Candelaria 🇮🇨 Teror, 🇮🇨 Candelaria 🇮🇨 Las Palmas, 🇮🇨 Garachico 🇮🇨 Candelaria, 🇮🇨 Güímar 🇮🇨 Garachico, 🇮🇨 Las Palmas 🇮🇨 Candelaria, 🇮🇨 Teror
Canary Islands has links with Indonesia
🇮🇨 Las Palmas, 🇮🇩 Denpasar
Canary Islands has links with Italy
🇮🇨 Arona, 🇮🇹 Arona 🇮🇨 Las Palmas, 🇮🇹 Genoa 🇮🇨 Puerto de la Cruz, 🇮🇹 Martinsicuro 🇮🇨 Las Palmas, 🇮🇹 Martinsicuro
Canary Islands has links with Morocco
🇮🇨 Las Palmas, 🇲🇦 Rabat
Canary Islands has links with Mauritania
🇮🇨 Las Palmas, 🇲🇷 Nouadhibou
Canary Islands has links with Mexico
🇮🇨 San Cristóbal de La Laguna, 🇲🇽 Colima 🇮🇨 Las Palmas, 🇲🇽 Guanajuato 🇮🇨 Las Palmas,
Canary Islands has links with Poland
🇮🇨 Las Palmas, 🇵🇱 Gdańsk
Canary Islands has links with Portugal
🇮🇨 Tacoronte, 🇵🇹 Guimarães
Canary Islands has links with Russia
🇮🇨 Santa Cruz de Tenerife, 🇷🇺 Saint Petersburg
Canary Islands has links with USA
🇮🇨 Las Palmas, 🇺🇸 San Antonio 🇮🇨 Santa Cruz de Tenerife, 🇺🇸 San Antonio
Canary Islands has links with Venezuela
🇮🇨 Santa Cruz de Tenerife, 🇻🇪 Caracas 🇮🇨 Puerto de la Cruz, 🇻🇪 Puerto La Cruz