In the recent issue of PRs SBP has further categorized SMEs into Small Enterprises (SE) and Medium Enterprises (ME) on the basis of below mentioned criteria,
Definition of Small Enterprise
A Small Enterprise (SE) is a business entity which meets both the following parameters:
| Number of Employees | Annual Sales Turnover |
| *Up to 20 | Up to Rs. 75 million |
*including contract employees
Definition of Medium Enterprise
Medium Enterprise (ME) is a business entity, ideally not a public limited company which meets both the following parameters:
| *Number of Employees | Annual Sales Turn-Over |
21-250 (Manufacturing & Service MEs)
21- 50 (Trading MEs) | Above Rs 75 million and up to Rs 400 million
(All types of Medium Enterprises) |
*including contract employees
