Xps Enterprises

[Jonathan Garcia]

Smalland medium-sized enterprises (SMEs) represent 99% of all businesses in the EU. The definition of an SME is important for access to finance and EU support programmes targeted specifically at these enterprises.

The Commission monitors the implementation of the SME definition and reviews it in irregular intervals. Pursuant to the latest evaluation, the Commission concluded that there is no need for a revision.

Launched by Sidley in 2012, the Emerging Enterprises Pro Bono Program provides free legal support to eligible small- and medium-size for-profit enterprises and market-focused nongovernmental organizations and nonprofits that have a clear social impact in developing countries across Africa, Asia, Central and South America and the Caribbean.

The program aims to benefit poor, rural and disadvantaged communities, particularly women, by supporting local businesses that provide enhanced employment and livelihood opportunities. Sidley's holistic approach ensures both tangible and intangible gains to the beneficiaries.

Sidley provides a wide variety of legal assistance to these enterprises to expand operations, lower costs, increase profits, successfully access new markets and become attractive partners for investors. Generally, the legal services provided include corporate, transactional, financing, contract, intellectual property and international trade matters by:

Sidley welcomes the involvement of in-house counsel from our corporate clients to work alongside Sidley lawyers in supporting our pro bono clients. Corporate counsel bring multifaceted benefits to our pro bono work offering unique and valuable geographic and sector expertise. Corporate counsel also have the opportunity to work in new legal subject areas through exposure to a wide range of pro bono clients and matters.

If you or your company corporate responsibility officers are interested in collaborating with Sidley on pro bono projects, please Get In Touch below to let us know your legal interests, expertise and geographic preferences and we will match you with an interesting and rewarding pro bono project.

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World Bank Enterprise Surveys (WBES) are nationally representative firm-level surveys with top managers and owners of businesses in over 150 economies, reaching 180 in upcoming years, that provide insight into many business environment topics such as access to finance, corruption, infrastructure, and performance, among others. Our comprehensive data and analytical reports enable easy comparisons across economies and time. The information collected through our surveys is publicly available at the economy and firm level. The Enterprise Analysis team also conducts targeted surveys that provide an even deeper understanding of the business environment in areas such as micro enterprises, which are too small for the WBES, and informal sector, where representative samples of unregistered businesses are obtained through an innovative sampling strategy, and other topics, such as COVID-19, Green Economy and Innovation. Explore our indicators by economy or topic, browse our surveys, or access the granular data on the WBES data portal.

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The Management of Companies and Enterprises sector comprises (1) establishments that hold the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing management decisions or (2) establishments (except government establishments) that administer, oversee, and manage establishments of the company or enterprise and that normally undertake the strategic or organizational planning and decision making role of the company or enterprise. Establishments that administer, oversee, and manage may hold the securities of the company or enterprise.

Establishments in this sector perform essential activities that are often undertaken, in-house, by establishments in many sectors of the economy. By consolidating the performance of these activities of the enterprise at one establishment, economies of scale are achieved.

The management of companies and enterprises sector consists of a single subsector, Management of Companies and Enterprises: NAICS 551. Data published under either the sector or subsector classification are included in the tables below. The subsector consists of a single industry group, Management of Companies and Enterprises: NAICS 5511.

This section provides information relating to employment in management of companies and enterprises. These data are obtained from employer or establishment surveys. The following tables present an overview of the industry including the number of jobs, data for occupations common to the industry, and projections of occupational employment change.

This section presents data on employee earnings and weekly hours. The latest industry averages of hourly earnings and weekly hours are shown. In addition, recent hourly and annual earnings are shown for occupations commonly found in management of companies and enterprises.

This section presents data for the industry on the number of workplace fatalities and the rates of workplace injuries and illnesses per 100 full-time workers in management of companies and enterprises. An injury or illness is considered to be work-related if an event or exposure in the work environment either caused or contributed to the resulting condition or significantly aggravated a pre-existing condition.

Around the world, demand is growing for businesses that are motivated by more than just profit. Companies and consumers are increasingly looking for products and services that have a positive impact on the community, the environment and society.

It is in workplaces that the social, economic and environmental dimensions come together inseparably. Sustainable enterprises are a principal source of growth, wealth creation, employment and decent work. Therefore, fostering sustainable enterprises is a major tool for achieving decent work, sustainable development and innovation that improves standards of living and social conditions.

Our Global Technical Team brings together staff in the HQs of Geneva, the ILO field offices and the International Training Centre (Turin), to work as one for delivering ILO sustainable enterprises agenda.

Through our action, we envision countries where conditions are favourable for sustainable enterprises to thrive, contribute to social justice and generate decent jobs, regardless of their size, ownership or sector.

The Berry Farms enterprises are comprised of six enterprises that effectively and efficiently use Berry College's land and natural resources to provide a wide range of products, including great tasting beef, high-quality eggs, artisan milk products, honey and beeswax products, plants and fresh produce.

The specialty services enterprises provide a variety of services satisfying specific Berry College and community needs, including middle school and high school tutoring, bicycle parts and repairs and strategic consulting services to other enterprises and local businesses.

Father Greg popularized the radical notion that even the most demonized individuals can thrive when given a second chance. In the beginning he partnered with local Los Angeles businesses in the Boyle Heights neighborhood,encouraging them to hire homeboys and homegirls. Eventually, Homeboy Industries was established as a nonprofit and began creating and operating its own job training businesses. Now, Homeboy Industries has grown from a single bakery to almost a dozen social enterprises, which provide both a vital training ground for clients as well as revenue streams to support the mission. Expansion of our businesses proves that people can transcend their pasts and become valuable,empowered employees and business leaders.

As we commemorate the 2024 International MSME Day, we are just six years away from the 2030 deadline to achieve the Sustainable Development Goals (SDGs), and progress is lagging. Many countries continue to face a range of unique and interconnected development challenges that include a cost-of-living crisis, constrained fiscal space, obstacles to accessing new sources of development and climate financing, and conflicts. Economic, social and environmental challenges are compounding mounting poverty and hunger.

The 2024 MSME Day offers an opportunity to discuss and exchange ideas on how key stakeholders, including policy makers, large companies, financial institutions, and the international community can support micro-, small and medium-sized businesses to advance the 2030 Agenda and contribute to achieving the SDGs, including poverty eradication and decent work for all.

The session will explore ways that MSMEs, a sector that represents over 90 per cent of all businesses globally, can meaningfully contribute innovative solutions to the challenges of our time and drive forward inclusive growth and shared prosperity.

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