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IN THE NAME OF ALLAH THE MOST BENEFICINT AND MERCIFUL
Presented To:Sir Yousaf Bajwa
Presented By:X3ЯOOOOǾØ’s
SMEDA
Introduction
Establishment SMEDA was established in October 1998
to take on the challenge of developing Small & Medium Enterprises (SME’s) in Pakistan.
SMEDA is relatively a new organization with a futuristic structure and focus on providing business development services to small and medium enterprises.
Establishment
SMEDA has been established by the Government of Pakistan as a key resource base and facilitator of Small & Medium Enterprises in the country.
SMEDA operates as an autonomous body at the Federal level with the mandate of developing SMEs on sustainable basis through a diverse range of structured initiatives covering support services like.
Support services
FinancialTechnicalManagement & MarketingBusiness Development
SMEDA SME Definition
An SME entity is defined as a business with an investment in productive assets (not including land and building) ranging between Rs. 2-40 million and employing between 10-99 workers.
SME Sector in Pakistan
In the industrial development of a country the importance of the SME sector cannot be overemphasized.
SMEs constitute nearly 90% of all the enterprises in Pakistan; employ 80% of the non-agricultural labor force; and their share in the annual GDP is 40%, approximately.
SMEDA Vision
Growth of globally competitive SME sector through a conducive and facilitating environment and support services.
Mission Statement
To develop SME sector in Pakistan by creating a conducive and facilitating environment as well as providing services to equip, sustain and develop SMEs and enhancing their contribution in the overall national economy.
SMEDA Objectives
Formulate a policy to encourage the growth of SMEs in the country into advice the Government on fiscal and monetaryissues related to SMEs.
Identification of business opportunities on the basis of supply/demand gap.
Set up and maintain a machinery and supplier database for SMEs.
Arranging sector for studies.
SMEDA Objective
Facilitation of SMEs in securing financing
Facilitation for WTO and other matters related to internationalization of SMEs by conducting seminars, workshops and training programs.
Facilitation of Business Development Services to SMEs.
Business Environment
SMEDA carries out comprehensive analyses of international trends, national policies and other macroeconomic factors affecting SMEs in Pakistan for a gradual progress towards the creation of a favorable business environment
Interaction With Industrial Sectors
SMEDA also interact with the SMEs working in industrial sectors such as Agriculture, Fisheries, Textiles, Weaving, Transport, Leather,, Carpets and Light Engineering.
This interaction takes place at the individual as well as collective level to provide proactive and responsive financial, technical, management and marketing services to SMEs.
Cluster Development Program
SME support through cluster development program is provided on two fronts:
Regulations and policy level support Institutional & networking support
SMEDA Provides Support To SMEs
SMEDA provides support to SMEs by creating Networking amongst the concerned stakeholders or by directly starting development projects in theclusters; Such projects may include:
Establishing a training institute, Building a common facility center
Support To SMEs
Building a model plant with state-of-the-art technology for SMEs to emulate through reverse engineering.
Upgrading technology in a particular industrial sector.
SMEDA has been involved in cluster development projects in the areas of Boat Modification in Marine Fishery Sector, Credit for Auto Vendors, Carpet Weaving, Marble & Granite, Dates & Apples.
Important Cluster Development Projects Undertaken By SMEDA
Textile/Apparel Ginning Technology Up-Gradation Program Lending for Power Looms Computer Aided Design Center Designing Institute for Garments
Horticulture/Fruits & Vegetables
Fruit Processing Facility (NWFP in Collaboration with EPB).
Assistance to Set Up Horticulture Export Board.
Apple Treatment Plant in Balochistan (Co-Ordination with EPB).
Fisheries
Program Lending Boat/Engine Modification, Gwadar District
Establishment of Shrimp Farms Fish Processing Facility (In Gwadar)
Gems
Ceramics Kiln Up-Gradation: Common Facility Centre, (Gujarat)Sanitary Ware & Pottery Sector Kiln Up
Gradation Bangles Kiln Up-Gradation (Hyderabad)
Services Provided By SMEDA
Financial Advice. Project Identification. Business Plan Development. Technical Advice. Marketing Advice (Branding, Labeling, Packaging, Distribution, Promotion, etc.) Company Incorporation, Export Registration,
& Regulatory Advice. Sales Tax, Custom Duty, Excise Duty, etc Electronic Commerce Support.
Services Provided By SMEDA
Business Matchmaking. Accounting & Bookkeeping Services. Information Services
SMEDA has so far conducted more than 230 training courses and workshops.
SMEDA Publications
How to Approach Banks? SMEDA, in collaboration with the International
Trade Center (ITC) has developed an information resource 'How to approach Banks.
Aimed at introducing them to waysand means of obtaining short-term credit frombanks, negotiating terms and conditionsassociated with it, assessing their financialneeds and analyzing payment methods.
SMEDA Publications & Business Information Dissemination
Small & Medium EnterpriseDevelopment Authority, SMEDA, has initiated a process of articles, books & other publications to create awareness among the general public on optimal business practices, regulatory issues, GOP schemes, new business concepts, etc.
List Of Subjects Covered In Trade Secrets
Making the Decision to Export Export Planning Identifying Country Markets Customer Targeting Buyer Search through Internet Cultural Issues Agents & Distributors Contract Documents
Comprehensive Publication
Concerning Electronic Commerce SMEDA has also launched a comprehensive
publication highlighting Issues concerning electronic commerce.
It addresses issues such as understanding of various technical terms, devising electronic commerce strategies, protecting consumer privacy and intellectual property, and sending electronic signatures.
CONCLUSION
SMEDA is the flagship organizationof Pakistan, which is providing thenecessary services to help SMEsovercome the weaknesses. It is anautonomous body working under theumbrella of the Ministry of Industries& Production and contributestowards the growth and developmentof SMEs in Pakistan through:
CONCLUSION
The creation of a conducive and enabling regulatory environment.
Development of industrial clusters & the provision of Business.
Development Services to SMEs in all areas of business management.