Small and Medium Enterprises Development Authority (SMEDA; ) is an autonomous institution of the Government of Pakistan under
Ministry of Industries and Production
The Ministry of Industries and Production () is headed by the Minister for Industries and Production and Pakistan Secretary of Industries and Production.
National Fertilizer Corporation of Pakistan
National Fertilizer Corporation of Pakistan (NF ...
. SMEDA was established in October 1998 for encouraging and facilitating the development and growth of
small and medium enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by many national agencies and international organizat ...
in the country.
SMEDA is not only an SME policy-advisory body for the government of Pakistan but also facilitates other stakeholders in addressing their SME development agendas. Its main objective is to formulate Policy to encourage the growth of SMEs in the country and to advise the Government on fiscal and monetary issues related to SMEs.
Challenges Faced by SMEs in Pakistan
* SMEs struggle to secure loans due to stringent banking requirements and lack of collateral.
* Insufficient industrial zones, unreliable energy supplies, and poor logistics hinder growth.
* Many SMEs rely on outdated technology, reducing productivity and global competitiveness.
* A shortage of technical expertise limits innovation and operational efficiency.
* Complex legal and regulatory frameworks discourage entrepreneurship.
See also
*
Pakistan Industrial Development Corporation
Pakistan Industrial Development Corporation (PIDC) () is a state corporation of Pakistan working under Ministry of Industries and Production (Pakistan), Ministry of Industries and Production.
History
Pakistan Industrial Development Corporation ...
*
Pakistan Gems and Jewellery Development Company
*
Trade Development Authority of Pakistan
The Trade Development Authority of Pakistan (TDAP) (), is an organisation under the Ministry of Commerce of the Government of Pakistan. It facilitates and promotes international trade of Pakistan. The current Chief Executive of TDAP is Mr. Faiz ...
References
External links
Small and Medium Enterprise Development Authority (SMEDA)
Pakistan federal departments and agencies
1998 establishments in Pakistan
Government agencies established in 1998
Organizations related to small and medium-sized enterprises
Business incubators of Pakistan
Ministry of Industries and Production (Pakistan)
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