{
  "url": "https://openlegislation.uk/eu-decision-2014-553/article-2",
  "json_url": "https://openlegislation.uk/eu-decision-2014-553/article-2.json",
  "legislation": "eudn/2014/553",
  "legislation_title": "Decision No 553/2014/EU of the European Parliament and of the Council of 15 May 2014 on the participation of the Union in a Research and Development Programme jointly undertaken by several Member States aimed at supporting research and development performing small and medium-sized enterprises (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2014-553",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Definitions",
  "text": "For the purpose of this Decision the following definitions apply:\n(1) ‘SME’ means a micro-, small- and medium-sized enterprises, as defined in Recommendation 2003/361/EC;\n(2) ‘research and development performing SME’ means an SME which meets at least one of the following conditions:\n(a) reinvests at least 10 % of its turnover to research and development activities;\n(b) dedicates at least 10 % of its full-time equivalents to research and development activities;\n(c) has at least five full-time equivalents (for SME with no more than 100 full-time equivalents) for research and development activities; or\n(d) has 10 full-time equivalents (for SME with over 100 full-time equivalents) for research and development activities.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2014/553/article/2",
    "retrieved_at": "2026-11-01T15:14:39.655661+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}