Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what his Department's definition of a SME is; whether micro-businesses, defined as a business that contracts ten or fewer employees, are included in his Department’s SME programmes; and whether those programmes are adjusted to meet micro-businesses specific requirements.
There is no single formal definition of an SME used by the UK government in designing government schemes. Schemes have different eligibility criteria depending on their aims. All businesses, including micro-businesses can apply to government schemes if they believe they meet the eligibility criteria.
The Government provides a range of support that all businesses, including micro businesses can access. These include information on starting up and running a business on GOV.UK, one to one advice via our free Business Support Helpline and through 38 Growth Hubs across England, government backed Start-Up Loans, and businesses with 5 or more employees can access our Help to Grow schemes.