The European Parliament proposes new rules to define and support small mid-cap enterprises (SMCs) as they grow beyond SME status, with thresholds of 1,000 employees, €200 million in turnover, or €172 million in total assets. The aim is to prevent abrupt increases in obligations as companies expand, with exemptions in areas like data protection, access to capital markets, and simplified regulations for batteries and F-gases. These changes are aimed at boosting competitiveness and facilitating growth for SMCs in the EU.