Mark Horner
The SME Market in Causeway Coast and Glens
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). Certain size criteria must be met and occasionally the industry in which the company operates in is taken into account as well. Small and medium-size enterprises play a hugely important role in the economy. They outnumber large firms considerably, employ vast numbers of people and are entrepreneurial in nature, helping to shape innovation and support local communities.
Causeway Coast and Glens is a local government district covering most of the northern part of Northern Ireland. It was created on 1 April 2015 by merging the Borough of Ballymoney, the Borough of Coleraine, the Borough of Limavady and the District of Moyle. The local authority is Causeway Coast and Glens Borough Council.
How big is the SME Market in Causeway Coast and Glens?
The SME market represents a huge opportunity. While exact figures are difficult to obtain because the definition varies between countries, it is estimated that there are over 360,000,000 SMEs worldwide.
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.