SME Selection criteria
The Africa SME CHAMPIONS Awards is a competition which aims to reward the most competitive SMEs and most promising businesses on the continent. The participation criteria are aligned with the objectives and guiding principles of the Awards. Companies must have:
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Minimum of 3 years of legal existence;
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At least 10 full-time employees or the equivalent;
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Turnover between US $250,000 and $15 million;
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Audited financial statements for the last 2 years;
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Minimum of 25% of its capital held by African shareholders;
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At least 70% of total turnover generated on the African continent.