Small, Medium and Micro Enterprise (SMME) definition

Small, Medium and Micro Enterprise (SMME). - means a separate and distinct business entity, including co-operative enterprises and non-governmental organisations, managed by one owner or more which, including its branches or subsidiaries, if any, is predominantly carried on in any sector or sub-sector of the economy mentioned in column 1 of the Schedule of the National Small Business Act, 1996 (Act No. 102 of 1996) and which can be classified as a micro- a very small, a small or a medium enterprise by satisfying the criteria mentioned in columns 3,4 and 5 of the Schedule opposite the smallest relevant size or class as mentioned in column 2 of the Schedule;
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Small, Medium and Micro Enterprise (SMME). Means a small enterprise as defined in the National Small Enterprise Act 1996 (Act No. 102 of 1996)2. Refer to Appendix 1 for detailed SMME classification schedule.
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Small, Medium and Micro Enterprise (SMME) means any entity, whether or not incorporated or registered under any law, which consists mainly of persons carrying on small business concerns in any economic sector, or which has been established for the purpose of promoting the interests of or representing small business concerns, and includes any federation consisting wholly or partly of such association, and also any branch of such organization.
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Examples of Small, Medium and Micro Enterprise (SMME) in a sentence

  • Overall customer satisfaction has improved and the businesses improve their turnover.A further area of innovation being explored by K-Rep Bank is linking Small, Medium and Micro Enterprise (SMME) debt financing to sustainable development issues.

  • This supports the National Development Plan (NDP) goals of 11 million jobs by 2030, the provision of economic opportunity for young people, and for rural areas, and the development of a strong Small, Medium and Micro Enterprise (SMME) base in the economy.

  • The ESCs are considered as locally owned and managed Small, Medium and Micro Enterprise (SMME) service delivery facilities as intended to be driven in partnership with local labour, big business, parastatals.

  • The Small Medium and Micro Enterprise (SMME) sector has been identified as an important strategic sector in the overall policy objectives of the Government of South Africa and it is seen as a driver of change for inclusive economic growth, national development, employment creation and poverty reduction.

  • To this end, the South African government has introduced several programmes for enterprise development and Small, Medium and Micro Enterprise (SMME) support in order to create employment and wealth.

  • In the context of Local Economic Development, Cato Manor has initiated economic development projects as part of a Small, Medium and Micro Enterprise (SMME) Development Programme.

  • Here, we have assessed the stability up to [N4-B2-N4-B2-N4-B2-N4-B2-N4]M8 and it is expected that in this way one can design a long 1-D nanowire.−−The B–B bond distances (dB−B) in presence of M+ counter-ions get shortened to 1.479–1.492 Å with respect to those in anionic systems, due to the reduc-tion of coulomb repulsion in the neutral systems.

  • The size of Small Medium and Micro Enterprise (SMME) has grown but the sector remains small for an economy of the size of South Africa.

  • Through its Small, Medium and Micro Enterprise (SMME) Empowerment Programme, local contractors accessed numerous sub-contracting opportunities.

  • Some of the programmes implemented by AsgiSA included sectoral investment programmes, education and skills development and Small, Medium and Micro Enterprise (SMME) development interventions (inter alia).

Related to Small, Medium and Micro Enterprise (SMME)

  • small and medium-sized enterprises or ‘SMEs’ means small and medium-sized enterprises as defined in Article 2 of the Annex to Commission Recommendation 2003/361/EC;

  • micro-enterprise means an enterprise which employs fewer than 10 persons and has an annual balance sheet that does not exceed 2 million Euros.

  • Radiologic technologist, limited means an individual, other than a licensed radiologic technologist,

  • Small Business Enterprise (SBE) means a business that is certified as an SBE under this program or the following similar programs and meeting the below economic thresholds (Section III “Economic Size Standards”).

  • Microenterprise means an enterprise which employs fewer than 10 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 2 million;

  • ATC means a measure of the transfer capability remaining in the physical transmission network for further commercial activity over and above already committed uses.

  • Modern Slavery has the same meaning as in the Modern Slavery Act 2018 (Cth).

  • Municipal Separate Storm Sewer System Management Program or "MS4 Program" means a management program covering the duration of a state permit for a municipal separate storm sewer system that includes a comprehensive planning process that involves public participation and intergovernmental coordination, to reduce the discharge of pollutants to the maximum extent practicable, to protect water quality, and to satisfy the appropriate water quality requirements of the CWA and regulations and the Act and attendant regulations, using management practices, control techniques, and system, design and engineering methods, and such other provisions that are appropriate.

  • Enterprise zone means a neighborhood enterprise zone designated under the neighborhood enterprise zone act, 1992 PA 147, MCL 207.771 to 207.787.

  • Technology startup company means a for profit business that

  • SAIC means the State Administration of Industry and Commerce of the PRC or, with respect to the issuance of any business license or filing or registration to be effected by or with the State Administration of Industry and Commerce, any Governmental Authority which is similarly competent to issue such business license or accept such filing or registration under the laws of the PRC.

  • Urban Enterprise Zones means a zone designated by the New Jersey Enterprise Zone Authority pursuant to the New Jersey Urban Enterprise Zones Act, N.J.S.A. 52:27H-60 et. seq.

  • CMD means the Contract Monitoring Division of the City.

  • Digital Cross Connect System or "DCS" is a function which provides automated Cross Connection of Digital Signal Level 0 (DS0) or higher transmission bit rate digital channels within physical interface facilities. Types of DCS include but are not limited to DCS 1/0s, DCS 3/1s, and DCS 3/3s, where the nomenclature 1/0 denotes interfaces typically at the DS1 rate or greater with Cross Connection typically at the DS0 rate. This same nomenclature, at the appropriate rate substitution, extends to the other types of DCS specifically cited as 3/1 and 3/3. Types of DCS that cross connect Synchronous Transport Signal level 1 (STS-1 s) or other Synchronous Optical Network (SONET) signals (e.g., STS-3) are also DCS, although not denoted by this same type of nomenclature. DCS may provide the functionality of more than one of the aforementioned DCS types (e.g., DCS 3/3/1 which combines functionality of DCS 3/3 and DCS 3/1). For such DCS, the requirements will be, at least, the aggregation of requirements on the "component" DCS. In locations where automated Cross Connection capability does not exist, DCS will be defined as the combination of the functionality provided by a Digital Signal Cross Connect (DSX) or Light Guide Cross Connect (LGX) patch panels and D4 channel banks or other DS0 and above multiplexing equipment used to provide the function of a manual Cross Connection. Interconnection is between a DSX or LGX to a Switch, another Cross Connection, or other service platform device.

  • School-sponsored media means all student media that are:

  • Backsiphonage means the flow of water or other liquids, mixtures or substances into the potable water system from any source other than its intended source, caused by the reduction of pressure in the potable water system.

  • BPSAA means the Broader Public Sector Accountability Act, 2010 and regulations made under it, as it and they may be amended from time to time;

  • small enterprise means an enterprise which employs fewer than 50 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 10 million;

  • COVID-19 means SARS-CoV-2 or COVID-19, and any evolutions or mutations thereof or related or associated epidemics, pandemic or disease outbreaks.

  • Games means games of chance.

  • Clean coal technology means any technology, including technologies applied at the precombustion, combustion, or post combustion stage, at a new or existing facility which will achieve significant reductions in air emissions of sulfur dioxide or oxides of nitrogen associated with the utilization of coal in the generation of electricity, or process steam which was not in widespread use as of November 15, 1990.