SMEDA announced its Largest Capacity Building Initiative for year 2019-20

By Muhammad Sudhir Chaudhry – Deputy Bureau Chief Lahore

14th November, 2019

National Business Development Program for SMEs (NBDP), a project of Small and Medium Enterprises Development Authority (SMEDA) has announced its Largest Capacity Building Initiative for year 2019-20 across Pakistan including Federal Capital, AJK and Gilgit Baltistan.

Acting CEO SMEDA Mr. Fuad Rabbani formally inaugurated capacity building program at SMEDA Head office.

While launching this activity General Manager & Project Director Raja Hassanien Javed explained that the program aims to provide hand holding and capacity building support to Small and Medium Enterprises (SMEs) including new business start-ups, existing businesses and to the individuals aspiring to become entrepreneurs under Prime Minister’s Kamyab Jawan Program.

The Project Director further added that during the current financial year, 600 well-structured training programs are scheduled to build capacity of over 15,000 SMEs by engaging professional Training Service Providers (TSPs) Firms selected through a competitive process.

The core areas covered under the said program include accounting and book keeping for SMEs, business start-up and management, cost management for small businesses, import export documentation and procedures etc. besides other areas related to SMEs.

For the purpose, an online system is launched to facilitate SMEs in terms of registration for particular topic(s).

To facilitate SMEs participation, these training programs will be substantially (in most cases 100%) subsidized by the Government of Pakistan.

Atta Ur Rehman Khan

Web Editor & Columnist, BOL News conributed to the story

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