The SBA programme targets Danish companies. SMEs are in 2024 eligible for a 50% grant on TC's hourly fee. Companies that do not meet the SME-criterias are in 2024 eligible for a 25% grant on TC's hourly fee.
To qualify for the Trade Council’s SME subsidies, a company must meet the following criteria:
- Danish Registration: The company must be registered in the Danish Central Business Register (CVR).
- De minimis: Companies receiving subsidies are required to comply with the European Commission's regulations regarding state subsidies, commonly referred to as the "de minimis rule". Under this rule, companies, when considered on a group level, cannot receive state subsidies exceeding EUR 300,000 over a three-year period. Please notice that exceptions and specific regulations may apply to particular sectors, types of services, etc. For additional details, please visit the official website of the Ministry of Industry, Business and Financial Affairs.
- EU SME Definition: The SME category consists of enterprises which employ fewer than 250 persons and have either an annual turnover not exceeding EUR 50 million or an annual balance sheet total not exceeding EUR 43 million. For linked enterprises, the combined headcount and financial figures of all entities within the linked group must be considered. This means that 100% of the linked enterprise's data (employees, turnover, and balance) must be added to those of the company in question to determine if it meets the staff headcount and financial thresholds. For more information on linked enterprises, please refer to the European Commission's "User guide to the SME Definition".
Please contact [email protected],if you have any questions regarding the SBA programme.