Smeda Managment

SUPERIOR UNIVERSITY

SMEDA MBA Professional Session 2007-09

KHALID AZEEM

8257

The Small And Medium Enterprise Development Authority – SMEDA Premier institution of the Govt. of Pakistan under Ministry of Industries, Production & Special initiative, SMEDA was established in October 1998 to take on the challenge of developing Small & Medium Enterprises (SMEs) in Pakistan. With a futuristic approach and professional management structure it has focus on providing an enabling environment and business development services to small and medium enterprises. 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 SMEDA Vision Growth of globally competitive SME sector through a conducive and facilitating environment and support services as an engine of growth and sustainability to national economy. Mission Statement To function as the promoter & facilitator of SME sector in Pakistan by creating a conducive and facilitating environment as well as providing and facilitating service delivery to SMEs for enhancing their capacities and competitiveness. SMEDA Objectives 1. Formulate Policy to encourage the growth of SMEs in the country and to advise the Government on fiscal and monetary issues related to SMEs. 2. Facilitation of Business Development Services to SMEs. 3. Facilitate the development and strengthening of SME representative bodies associations/chambers. 4. Set up and manage a service provider’s database including machinery and supplier for SMEs. 5. Conducting sector studies and analysis for sector development strategies. 6. Facilitation of SMEs in securing financing.

7. Strengthening of SMEs by conducting and facilitating seminars, workshops and training programs. 8. Donor assistances for SME development of SMEs through programs and projects. 9. Assist SMEs in getting international certifications (such as UL, CE, DIN, JIS, ASME, KS, etc.) for their products and processes. 10. Identification of service opportunities on the basis of supply/demand gap. Enterprise Employment Paid Up Annual Category Size (a) Capital (b) Sales (c) Small & Medium Up to Rs. 25 Up to Rs. Up to 250 Enterprise (SME) Million 250 Million The Federal Government, in line with the economic development of Pakistan may, from time to time modify the eligibility criteria as it sees fit. All providers of services receiving funding from the Government may define more narrow scopes for specific targeting purposes. For detailed information on SME Policy, kindly visit Institution SME Bank

Small Total Assets of Rs. 20 million

Medium Total Assets of Rs. 100 million

Federal Bureau of Less than 10 employees N/A Statistics Punjab Small Fixed investment. up to Rs. Industries 20 million excluding land N/A Corporation and building Punjab Industries Fixed assets with Rs. 10 million excluding Department cost of land Entity engaged in handicrafts or Sindh Industries manufacturing of consumer or producer Department goods with fixed capital investment up to Rs.10 million including land & building

State Bank of Pakistan (SME Prudential Regulations)

An entity , ideally not being a public limited company, which does not employee more than 250 persons ( manufacturing) and 50 persons (trade / services) and also fulfills one of the following criteria: (i) A trade / services concern with total assets at cost excluding land and buildings up to Rs 50 million. (ii) A manufacturing concern with total assets at cost excluding land and building up to Rs 100 million. (iii) Any concern (trade, services or manufacturing) with net sales not exceeding Rs 300 million as per latest financial statements.