▁ 2 0 1 7 . ▁ ▁Bang l adesh ▁▁ ▁In ▁Bang l adesh , ▁Bang l adesh ▁Bank ▁defines ▁Small ▁and ▁medium ▁enter pr ises ▁based ▁on ▁F ixed ▁As set , ▁Emp loy ed ▁Man power ▁and ▁Year ly ▁turn ▁over ▁and ▁they ▁are ▁definitely ▁not ▁Public ▁Limited ▁Co . ▁and ▁requires ▁these ▁characteristics ▁- ▁ ▁Singapore ▁▁ ▁With ▁effect ▁from ▁ 1 ▁April ▁ 2 0 1 1 , ▁the ▁definition ▁of ▁S ME s ▁is ▁business es ▁with ▁annual ▁sales ▁turn over ▁of ▁not ▁more ▁than ▁$ 1 0 0 ▁million ▁or ▁employ ing ▁no ▁more ▁than ▁ 2 0 0 ▁staff . ▁ ▁Europe ▁ ▁European ▁Union ▁ ▁The ▁criteria ▁for ▁defining ▁the ▁size ▁of ▁a ▁business ▁differ ▁from ▁country ▁to ▁country , ▁with ▁many ▁countries ▁having ▁programs ▁of ▁business ▁rate ▁reduction ▁and ▁financial ▁subs id y ▁for ▁S ME s . ▁According ▁to ▁the ▁European ▁Commission , ▁S ME s ▁are ▁enter pr ises ▁which ▁meet ▁the ▁following ▁definition ▁of ▁staff ▁head count ▁and ▁either ▁the ▁turn over ▁or ▁balance ▁sheet ▁total ▁definitions : ▁ ▁In ▁July ▁ 2 0 1 1 , ▁the ▁European ▁Commission ▁said ▁it ▁would ▁open ▁a ▁consult ation ▁on ▁the ▁definition ▁of ▁S ME s ▁in ▁ 2 0 1 2 . ▁A ▁consult ation ▁document ▁was ▁issued ▁on ▁ 6 ▁February ▁ 2 0 1 8 ▁and ▁the ▁consult ation ▁period ▁closed ▁on ▁ 6 ▁May ▁ 2 0 1 8 . ▁ ▁no ▁conclus ions ▁or ▁responses ▁have ▁yet