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What is the prosition of Start-up Enterprises and BEE

Start-up enterprises are measurable as an Exempted Micro Enterprises (“EMEs”) for the first year following their formation or incorporation, regardless of the expected total revenue of the start-up. Therefore Start-up enterprises are automatically deemed to be: Level 3 contributors if they are more than 50% owned by black persons. Level 4 contributors if they are less than 50% owned by black persons. In instances where such start-up enterprises tender for any contract with a value higher than R5 million but less than R35 million, they have to comply with the…

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