What constitutes a “small” and “medium” size company?

The BIF’s definition of a “small” company is one where shareholders’ equity does not exceed BDS$1,000,000, the company does not exceed BDS$2,000,000 in annual sales and has twenty-five (25) employees or less. A “medium” sized company is one where the shareholders’ equity is in excess of BDS$1,000,000 but not more than BDS$5,000,000, annual sales are less than BDS$8,000,000 and there are less than 100 employees.

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