A Start-up enterprise must be measured as an Exempt Micro Enterprise, for the first year following their formation or incorporation. This provision applies regardless of the expected total revenue of the Start-up Enterprise. A start-up Enterprise must submit a QSE scorecard when tendering for any contract or seeking any other economic activity with a value higher then R10 million but less then R50 million. For contracts of R50 million or more they should submit a Generic scorecard. The preparation of such scorecards must use annualised data.
IF YOUR ANNUAL TURNOVER IS UNDER R10 MILLION, YOU WILL QUALIFY AS AN EXEMPT MICRO ENTERPRISE
As an EME, you automatically qualify as a Level 4 Contributor with 100% B-BBEE procurement recognition. If your Entity has 51% or more black ownership, your score is bumped up to a Level 2 Contributor with 125% B-BBEE procurement recognition level. If your Entity is 100% black owned, your score is bumped up to a Level 1 Contributor with 135% BB BEE procurement recognition level.
Due to the changes in the codes EME’s are only required to obtain an Affidavit. Once this has been completed and certified this will act as your BEE Certificate. We have attached the correct DTI template for your ease below.
Click here to download EME Affidavit
IF YOUR ANNUAL TURNOVER IS BETWEEN R10 MILLION AND R50 MILLION, YOU WILL QUALIFY AS A QUALIFYING SMALL ENTERPRISE.
As a QSE Enterprise, you have to be measured on all 5 elements of the B-BBEE scorecard (Bee Scorecard), of which each element earns you points towards your final B-BBEE compliance level.
Enhanced B-BBEE recognition level for QSE.
Priority Elements for QSE are
QSE is required to comply with Ownership as a compulsory element and either Skills Development or Enterprise and Supplier Development .
QSE's with 51% Black ownership or more are allowed to obtain an Affidavit. This is due to the changes in the BBBEE Codes. Attached below is the correct DTI template
As a Generic Enterprise, you have to be measured on all 5 elements of the B-BBEE scorecard (Bee Scorecard), of which each element earns you points towards your final B-BBEE compliance level
Priority Elements for Generic are
Unlike a QSE it is compulsory for a Generic to comply with all 3 priority elements, Ownership, Skills Development and Enterprise and Supplier Development