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small mid-cap

Defined in 1 EU act of the Competition law and State aid group: Rail and Inland Waterways BER First

Rail and Inland Waterways BER, Article 2(s) First adopted 2026-03-16

an undertaking fulfilling the criteria laid down in Annex IV to this Regulation. For the purpose of aid involved in financial products supported by the InvestEU Fund under the Union’s Multiannual Financial Framework for the years 2021 to 2027, ‘small mid-cap’ or ‘SMC’ means an undertaking that is not an SME and employs up to 499 employees

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