SME Definition

Category	Number of Employees	Capital Investment (BD)Manufacturing Section	Annual Turnover (BD) (All Sectors)
Micro	Up to 10	Up to 20,000	Up to 100,000
Small	11-50 (up to 100 for construction sector)	20,001-500,000	100,001 - 1 Million
Medium	51-250 (up to 400 for construction sector)	500,001 - 3 Million	1,000,001 - 5 Million

1. Threshold limits of both employment and capital investment/turnover will have to be complied with.
2. For SME’s in manufacturing sector (including process industries), capital investment will be the defining criterion. For all other sectors, turnover based definition will be used.
3. 
   Capital investment does not include cost of land and building and will be calculated at the original value of purchase.
4. 
   Turnover figures need to be substantiated by a copy of audited balance sheet. (For micro businesses, only bank statements should be sufficient. For Small Businesses, in the absence of audited financials, software based compiled financials and bank statements will  be  sufficient.)