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ACT SME

Accelerating Cross-Border transaction of SME

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ACT SME

Assessment

ACT-SME helps SMEs to adapt to global competition and internationalise to enhance their competitiveness and support their growth potential, also and especially in a cross-border transaction perspective.

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Assessment

Training

Training is the main result of the ACT-SME project, specifically designed for SMEs to build their capacity and overcome what are very often only informational or operational barriers to internationalization.

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Training

Partners

ACT-SME includes 8 partners from 6 countries representing the various participants from SMEs’ internationalization process and VET systems.

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Glossary


Internationalization Glossary

Online multilanguage trade and business glossary to help users identifying concepts and terms in everyday activities, thus boosting market opportunities, by creating synergies, building trade relationships and networks between SMEs.

SEO

Search engine optimization (SEO) is the process of affecting the visibility of a website or a web page in a web search engine's unpaid results—often referred to as "natural", "organic", or "earned" results. In general, the earlier and more frequently a site appears in the search results list, the more visitors it will receive from the search engine's users, and these visitors can be converted into customers.

Small and medium-sized enterprises (SMEs)

Small and medium-sized enterprises (SMEs) are defined in the EU recommendation 2003/361.
The main factors determining whether an enterprise is an SME are:
1. staff headcount and
2. either turnover or balance sheet total.
Company category Staff headcount Turnover or Balance sheet total
Medium-sized < 250 ≤ € 50 m ≤ € 43 m
Small < 50 ≤ € 10 m ≤ € 10 m
Micro < 10 ≤ € 2 m ≤ € 2 m

These ceilings apply to the figures for individual firms only. A firm that is part of larger group may need to include staff headcount/turnover/balance sheet data from that group too.

SME

Small and medium-sized enterprises (SMEs) are firms which employ fewer than a given number of employees. This number varies across countries. The most frequent upper limit designating an SME is 250 employees, as in the European Union. A more in-depht definition of SMEs is in the EU recommendation 2003/361.

SME Internationalisation Portal

SME Internationalisation Portal is a database that help you to find experts in your target country with the know-how and experience to take your business international.

Target Market

A target market is the market a company wants to sell its products and services to, and it includes a targeted set of customers for whom it directs its marketing efforts. Identifying the target market is an essential step in the development of a marketing plan. A target market can be separated from the market as a whole by geography, buying power, demographics and psychographics.

World Trade Organization – WTO

The World Trade Organization (WTO) is the only international organization that deals with the global rules of trade between nations. The WTO is built on WTO agreements signed by the majority of the world's trading nations; its main function is to help producers of goods and services, exporters and importers better protect and manage their businesses.
The WTO is essentially a mediation entity that helps with the international rules of trade between nations; however, the WTO has become a driving force behind the institution of globalization and has had both positive and potentially adverse effects on the world. The WTO's efforts have positively increased trade expansion globally, but as a side effect, it has negatively impacted local communities and human rights.

Your Europe Business Portal

“Your Europe Business is an EU portal designed to help Small and Medium-sized Enterprises do business cross-border and take advantage of the European Single Market.
The aim is to provide entrepreneurs with practical information on their rights, obligations and opportunities when doing business in the EU – avoiding unnecessary inconvenience and red tape”. https://ec.europa.eu/easme/en/your-europe-business

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This project has been funded with support from the European Commission.
This web site and its contents reflects the views only of the authors, and the Commission cannot be held responsible for
any use which may be made of the information contained therein.

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