Mark Horner
The SME Market in Hackney
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.
The London Borough of Hackney is a London borough in Inner London. The historical and administrative heart of Hackney is Mare Street, which lies 5 miles north-east of Charing Cross. The borough is named after Hackney, its principal district. Southern and eastern parts of the borough are popularly regarded as being part of east London, with the north-west belonging to north London.
How big is the SME Market in Hackney?
Small and medium-size enterprises play an important role in the economy of Hackney. They outnumber large firms considerably, employ large numbers of people and are entrepreneurial in nature, helping to shape innovation and support local communities.
Hackney has a population of over 263,200 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.