Article 2Definitions

For the purpose of this Decision the following definitions apply:

  1. (1)

    ‘SME’ means a micro-, small- and medium-sized enterprises, as defined in Recommendation 2003/361/EC;

  2. (2)

    ‘research and development performing SME’ means an SME which meets at least one of the following conditions:

    1. (a)

      reinvests at least 10 % of its turnover to research and development activities;

    2. (b)

      dedicates at least 10 % of its full-time equivalents to research and development activities;

    3. (c)

      has at least five full-time equivalents (for SME with no more than 100 full-time equivalents) for research and development activities; or

    4. (d)

      has 10 full-time equivalents (for SME with over 100 full-time equivalents) for research and development activities.