KARACHI: Union of Small and Medium Enterprises (UNISAME) has invited the private sector especially the big corporations to join hands with the Small and Medium Enterprises Development Authority (SMEDA) for SME promotion and development.
Representatives of UNISAME said SMEDA was an autonomous body working under the Ministry of Industries and Production and focused on providing an enabling environment and business development services to SMEs.
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.
Among the various activities undertaken by SMEDA was providing SME related consultancy and advisory services to the SMEs, preparing business plans and pre-feasibility studies, conducting trainings, workshops and seminars, sector and cluster development work as well as striving for Common Facility Centres to support SME clusters and sectors.
Besides these activities, SMEDA is always motivated to look towards newer avenues in order to expand its reach for the betterment of SMEs.
Unlike large enterprises in the formal sector, a SME is constrained by financial and other resources. This inherent characteristic of an SME makes it imperative that there should be a mechanism through which it may get support in different functions of business including technical up gradation, marketing, financial and human resource training and development.
Since SMEDA is the flagship organisation of Pakistan for SMEs it becomes our responsibility to provide the necessary services to help SMEs overcome the weaknesses that are endogenous to their very nature.
Moreover, the progress and growth of SMEs is considered by economic specialists to be beneficial to all the players involved in Pakistan economy.
SMEDA highly values the contribution of Multinational Corporations (MNCs) to the economic development of Pakistan and know this for a fact MNCs are always trying to engage in activities, which are in consonance with their responsibilities as leaders of the economy.
This spirit has especially been evident whenever Pakistan has been going through a catastrophe like the floods in 2010 and 2011 as well as the earthquake in 2005.
UNISAME believes there is a greater need of collaboration between SMEDA and big organisation so that betterment can be achieved for the SME sector of Pakistan.
SMEDA and UNISAME will be wholeheartedly willing to provide their expertise, so that we can achieve something fruitful together.
ISLAMABAD - Prime Minister Nawaz Sharif on Tuesday said that his government believed in liberal and ...