Mark Horner

The SME Market in Jersey

What is a Small to Medium Enterprise in Jersey?

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 Europe generally are businesses with no more than 500 employees and encompasses enterprises with different ownership structures and varying numbers of employees and levels of economic activity. The European Union has its own rules for its member states.

How big is the SME Market in Jersey?

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

Jersey has a population of over 107,800 people.

What help is available for SMEs in Jersey?

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.

Europe

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.