Definition of SME:
Existing
definition of SME is recommended by Better Business Forum and accepted as a
uniform one by Ministry of Industry and Bangladesh Bank.
According
to the Industrial policy 2005, SME definition has been in terms of fixed assets
and no. of employees of three major sectors: service, manufacturing and trading
but the present definition which was recommended by Better Business Forum and
accepted as a uniform one by Ministry of Industry and Bangladesh Bank included
Cottage and micro industry as SME in Bangladesh. Bangladesh Bank has revised the SME definition through its ACSPD
Circular No.08, dated 26th May, 2008 and then
through its SMESPD Circular No.01, dated 19th June, 2011. The present SME definition is given below:
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Medium
Industry /Enterprise
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|
Sector
|
Total Fixed Asset (in Lac
Tk.)
|
No. of Employees
|
|
Service / Others
Concern :
|
100-1500
|
50-100
|
|
Trading Concern:
|
100-1500
|
50-100
|
|
Manufacturing
Concern:
|
1000-3000
|
100-250
|
|
Small Industry / Enterprise
|
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|
Service/Others
Concern :
|
5-100
|
10-25
|
|
Trading Concern:
|
5-100
|
10-25
|
|
Manufacturing
Concern:
|
50-1000
|
25-99
|
|
Micro Industry /Enterprise
|
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|
Service/Others
Concern :
|
Less
than 5.00
|
Less
than 10
|
|
Trading Concern:
|
Less
than 5.00
|
Less
than 10
|
|
Manufacturing
Concern:
|
5.00-50.00
|
10
- 24
|
|
Cottage Industry / Enterprise
|
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|
Family
Concern
|
Less
than 5.00
|
Less
than 10
|
|
* Total Fixed Asset
is excluding land and building but including replacement value.
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